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CGD in the News
October 27, 2014
The continued and ubiquitous concern with pocketbook issues is regularly reflected (PDF) in actual election results—high employment and high growth favor the incumbent. Few politicians anywhere intentionally do things to considerably slow economic growth or lower employment. Self-interest and ...
CGD in the News
July 22, 2014
As Brazilians were recovering last week from the World Cup, the country held another global event: the BRICS summit, a gathering of leaders from Brazil, Russia, India, China, and South Africa. The outcome was no doubt more pleasing to Brazil’s President Dilma Rousseff than her country’s ...
CGD in the News
May 28, 2014
The World Bank, a famously bureaucratic institution, is undergoing its first restructuring in nearly two decades. The overhaul is intended to keep it relevant at a time when even the poorest countries can easily tap the global capital markets, but with just weeks to go, the process has turned into w...
CGD in the News
April 14, 2014
This weekend, the World Bank and International Monetary Fund (IMF) had their spring meetings in Washington, D.C. As the black limousines stuffed with the world’s treasury officials queued in front of the Bank’s mirror-glassed facade with its spreadsheet-inspired frames, a small band of p...