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Blog Post
June 05, 2024
In 2015 the nations of the world agreed at the United Nations on 17 Sustainable Development Goals (SDGs) to be reached by 2030. The SDGs are the closest the world has come to a definable and measurable global social contract.
The SDGs do not constitute a legally binding contract; there are no pen...
Blog Post
June 05, 2024
No decision by aid donors this year is more important than how much they pledge to the IDA replenishment negotiations. IDA, the World Bank’s lending window for the poorest countries, is the single largest multilateral source of grants and concessional finance to poor countries for both development a...
CGD NOTES
June 05, 2024
This paper reviews PSW performance and, based on our findings, offers recommendations to strengthen performance going forward. Our review is based on key indicators of success, including usage rates (commitments and disbursements), whether PSW investments have helped spur higher levels of IFC and MI...
Blog Post
June 03, 2024
As the largest international source of education financing, the World Bank funds a wide range of activities, from school construction to international assessments. Specifically, 602 education projects approved between 1998 and 2017 have financed 139 different types of activities, as per the Bank's i...
Blog Post
May 31, 2024
The African Growth and Opportunity Act (AGOA) is up for renewal this year. AGOA is a cornerstone of US-Africa economic relations, and has enjoyed bipartisan support for nearly a quarter century. But it's showing its age. A lot has changed since Bill Clinton signed the bill back in 2000—not least, th...
Blog Post
May 28, 2024
Over the last 10 years, the international Decision Support Initiative (iDSI) has supported countries across Africa and Asia to develop national priority-setting processes. This month, in partnership with 15 iDSI authors, we have published a review of the successes, challenges, and lessons learned du...
Blog Post
May 21, 2024
This week, Kenyan President William Ruto will be the first African leader to receive an official state visit since President George W. Bush invited Ghanaian President John Kufuor in 2008. President Ruto is traveling to Washington to mark the 60th anniversary of US-Kenyan diplomatic relations. But un...
Blog Post
May 16, 2024
Development cooperation has reached a crossroads. Humanitarian needs are rapidly increasing as violent conflicts erupt and continue, and geopolitical rivalry is contributing to a more fragmented development landscape. Difficult economic conditions in many of the poorest countries are paired with shr...
Blog Post
May 15, 2024
On Friday, May 10, 2024, the IMF Executive Board approved the recycling of special drawing rights (SDRs) to multilateral development banks (MDBs) for use as hybrid capital. It took a long time to get to this point, and the IMF should be congratulated for overcoming strong opposition, even from some ...
Blog Post
May 14, 2024
In an organization like the World Bank that has long favored men in their hiring process, most senior managers will be men because organizations prefer to promote from `within’ at the senior level. Suppose that, recognizing the need to diversify, the Bank starts hiring more women at entry-level posi...