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Blog Post
May 31, 2024
Well, that was an eventful week. We’re one week into the UK General Election campaign, which has so far been conducted with all the dignity of a Rooney family wedding. We’ve had internecine fighting, a spate of retirements, MPs mocking their own policy platforms and what can only be described as a s...
Blog Post
May 24, 2024
This has been a week of extremes for me: I spent the first part of the week basking in sunshine in Barcelona for a (very good) conference, meeting people from around the world working on interesting problems, eating incredibly good food and enjoying one of the more walkable cities I’ve visited. And ...
Blog Post
May 17, 2024
It was a long, hard slog, and there have been a number of setbacks (not least days on end of merciless grey skies and rain), but London has finally settled into a real, actual summer. That means two things: first, everyone is in a ridiculously good mood. We get three weeks of sunshine a year, and it...
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...
Blog Post
May 14, 2024
Richer aging countries need educated young workers to provide the services and entrepreneurial talent to sustain their quality of life. A growing population of young, increasingly educated people in poorer countries, and especially in Africa, need good jobs and greater opportunities. More trade in s...
Blog Post
May 10, 2024
It was hit-and-miss for a while—there were a good few weeks when I thought the UK would just completely forego spring and summer and transition directly from winter into autumn—but there are tentative signs of summer in London. London in the summer is a bit like a bird that spends 11 months of the y...
Blog Post
May 10, 2024
While there was no great fanfare coming out of the IMF/World Bank Spring Meetings, a closer look at the official statements reveals simmering tensions between major constituencies over the execution of the World Bank’s new “Livable Planet” agenda. These tensions were fueled by debates over the alloc...