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WORKING PAPERS
November 27, 2023
International financial institutions (IFIs) appear to agree that quality of policymaking sees gains from diversifying the body of policymakers, all issuing diversity, equity, and inclusion statements. But how do these institutions perform when it comes to their own staff— do they lead by example? We...
Blog Post
October 05, 2023
Next week, finance ministers and other officials from around the world will descend on Marrakech for the World Bank and IMF annual meetings. Read on for a range of quick reactions from CGD's experts on what will happen next week, and what should happen—and how we get from one to the other.
Blog Post
September 21, 2023
The likelihood of capital increase for the World Bank’s non-concessional lending arm, the IBRD, appears to be climbing. At least an odd European government appears to be doing some preparatory work for it. But any negotiations around a capital increase may be complex. Large shareholders and borrowe...
Blog Post
March 06, 2023
In a new paper, Zack Gehan and I present scenarios for the global economy in 2050. These scenarios build on a forecast of economic growth built around income, population, education, and temperature. The process suggests a considerable degree of uncertainty about how the world will look in three de...
Blog Post
October 05, 2022
It is surely an urgent moment for multilateral support from the IMF and World Bank. And yet, the institutions’ financial statements suggest that support is declining. Figuring out why and what to do about it should be priority one at the upcoming World Bank-IMF annual meetings.
Blog Post
August 03, 2021
If your toolbox is overflowing with precision guided munitions, the problems you will focus on are ones that (arguably) can be solved with precision guided munitions. Our comparatively tepid response to the pandemic is another sign of the longstanding and excessive prioritization of potential violen...
Blog Post
June 30, 2021
If B3W is to be the better Belt and Road, it will have to embrace the role of government in infrastructure provision and ensure private sector infrastructure projects are designed and run in the public interest. Otherwise, and despite the denials-, low- and middle-income countries would be right to ...
Blog Post
June 04, 2021
The benefits to expanded vaccination programs in low- and middle-income countries (LMICs) simply dwarf the cost. Rich countries should be donating more vaccines faster to poorer countries. It is difficult to think of a more urgent global priority and it is surely a best buy in international developm...
Blog Post
July 23, 2020
A new ICAI report issued this week suggests that large parts of UK aid spending on research and development remain hampered by a design that favors British researcher interests over urgent research topics and capacity prioritized by the world’s poorest countries. The next few months are a perfect op...