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Blog Post
December 15, 2016
The 18th "replenishment" of the World Bank's International Development Association (IDA) opened the door to a major source of non-donor financing in the years ahead, which will mean—to put it bluntly—that the World Bank can now literally afford to say no to the Un...
Blog Post
October 18, 2016
The multilateral development banking (MDB) system is regarded as having been remarkably successful—but is the model still fit for purpose? CGD president Nancy Birdsall and senior fellow Scott Morris delve into a new CGD report's recommendations on how to make MDBs more effec...
POLICY PAPERS
October 17, 2016
In the face of growing U.S. indifference to multilateral development institutions, China is stepping up. The circumstances around the creation of the Asian Infrastructure Investment Bank (AIIB) have usefully brought to light a longer trend that will ultimately lead to a diminution of U.S. leadership...
Blog Post
October 07, 2016
Lawrence H Summers, former US Treasury Secretary, Harvard professor, and the CGD Board Chair, explains why the World Bank and the regional multilateral development banks (MDBs) are well-placed to help address some of today’s urgent problems, including climate change, pandemics, and the problem...
Blog Post
October 06, 2016
Finance and development ministers gathered in Washington this weekend at the World Bank’s annual meetings have an ambitious agenda of topics to discuss. But the truth is, it is not nearly ambitious enough. A new CGD report by a high level commission of development and finance experts...
REPORTS
October 05, 2016
Recognizing the growing global premium on environmental sustainability in a climate-challenged world, we call on member governments of the World Bank to take the first step in that direction by renaming the International Bank for Reconstruction and Development (IBRD) as the International Bank for Re...
Blog Post
September 19, 2016
At the moment, the issue of US leadership at the multilateral development banks (MDBs) is focused squarely on the World Bank presidency. But there’s a lot more to it than that, and a lot more at risk for the United States in the years ahead. In a new paper for the Council on Foreign ...