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Blog Post
June 28, 2024
In late May, experts from across Africa and globally met in Nairobi on the margins of the African Development Bank Annual Meetings to share their perspectives on how the multilateral development banks (MDBs) should be reformed to better serve the needs of borrowers and other stakeholders from the Gl...
Blog Post
June 27, 2024
The co-hosts of the 2024 Development Leaders Conference—CGD's Mikaela Gavas, Siti Nugraha Mauludiah from the Ministry of Foreign Affairs in Indonesia, and Norad's Bård Vegar Solhjell—share their takeaways from the event, including the diverse experiences of traditional and emerging donors, the chall...
Blog Post
June 24, 2024
There have been some dramatic global changes and challenges to the world order over the last few years. While the COVID-19 pandemic and the war in Ukraine highlighted countries’ global interdependency, deepening geopolitical tensions have brought national security considerations to the fore. There i...
Blog Post
June 18, 2024
The environment in which development policy operates has changed rapidly. The world is becoming more multipolar, and countries from the "Global South” are taking a more prominent role in global cooperation. The global economy is in upheaval, and interconnected and ongoing crises are becoming the nor...
BRIEFS
June 17, 2024
The International Development Association (IDA)—the World Bank’s arm that works in low- and lower-middle-income countries—is one of the largest sources of development assistance for the world’s poorest countries. It is also a crucial tool for resource-constrained governments to borrow on affordable ...
Blog Post
June 10, 2024
In a new CGD paper, the CAF review holds an important lesson for the IMF which, if acted on, could allow it to greatly increase its support for low-income countries (LICs) while maintaining its robust financial buffers.
The paper also summarizes the financial structure of the IMF’s General Resourc...
WORKING PAPERS
June 10, 2024
The IMF was not included in the recent review of multilateral development banks’ capital adequacy frameworks that proposed reforms to allow them to expand their lending to developing countries. The paper considers whether this review contained lessons for the IMF despite its distinct role and financ...