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Blog Post
April 30, 2024
The controversy around the IFC’s investment in Bridge Academies, a for-profit education provider in Africa and India, is not going away. Indeed, World Bank President Ajay Banga has committed to an external investigation of the entire fiasco. The Bridge investigation highlighted two significant accou...
CGD NOTES
April 11, 2024
The pace of MDB reforms remains inadequate to have a material impact on sustainable development. Our assessment is buttressed by the results of a survey of international experts, who remain skeptical that there is enough momentum to implement sufficiently deep reforms across key areas.
We have id...
Blog Post
April 11, 2024
There are currently two prevailing methodologies for calculating PCM—the MDB approach and the OECD approach. Both approaches have developed over time and contributed significantly to better understanding of the ways in which private capital is mobilised for development. However, they have key defici...
CGD NOTES
April 11, 2024
The reform agenda is long and complicated. MDB shareholders, managers, and other stakeholders need a systematic way to assess progress as objectively and independently as possible. CGD has built this MDB reform tracker for this purpose. The aim is a comprehensive tool, but also a focus on reform pro...
Blog Post
April 09, 2024
It's spring in DC, which means it's time once again for the IMF-World Bank Spring Meetings. Finance ministers, central bank governors, and other top officials from around the world gather to discuss the state of the world economy and the international financial architecture, and CGD's researchers ar...
Blog Post
March 28, 2024
For those of us who have long been pressing for more access to data from the Global Emerging Markets (GEMs) Risk Database (here and here), the publication this week of a report on MDB loan recovery statistics is welcome validation of the market-building importance of these data and an important step...
CGD NOTES
March 28, 2024
Over the past two decades, China has become a distinctive and increasingly important donor of development assistance for health (DAH). However, little is known about what factors influence China’s priority-setting for DAH. In this study, we provide an updated analysis of trends in the priorities of ...
Blog Post
March 26, 2024
There was a very disappointing development at the IMF Executive Board earlier this month—the postponement of a formal decision on whether special drawing rights (SDRs) could be recycled to the hybrid capital scheme proposed by two multilateral development banks (MDBs), the African Development Bank (...
Blog Post
March 25, 2024
A new institutional strategy for the years 2024–2030 was just approved by the Board of Governors at the annual meeting of the Inter-American Development Bank (IDB). This comes one year after Ilan Goldfajn assumed the presidency of the organization with a commitment to establish clear priorities and ...