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Blog Post
November 22, 2023
Under the Indian Presidency, the G20 tasked N.K. Singh and Larry Summers to convene an independent expert group (IEG) to recommend how to strengthen multilateral development banks and address the shared global challenges of the 21st century (disclosure: we were both part of the Secretariat supportin...
Blog Post
October 13, 2023
In fundamental ways, this era differs from the final decades of the last century. Climate change has set many parts of the world on fire and sharply raised risks from underinvestment in mitigation, adaptation and resilience (both climate and health). War on a large scale has returned to Europe, re-e...
Blog Post
September 29, 2023
Earlier this week, CGD’s board chair Lawrence Summers started a speech at the Confederation of Indian Industry with a clarion call for cooperation in the face of global threats like climate change and pandemics. This is a moment of discontinuity, and incrementalism will simply not deliver on the sca...
Blog Post
May 22, 2023
This week, the African Development Bank (AfDB) will hold its annual meeting in Sharm El Sheikh, Egypt. This is the right moment for its shareholders and other donors to commit to allocating some of their excess Special Drawing Rights (SDRs) to the hybrid capital fund that the AfDB has proposed to ...
Blog Post
April 03, 2023
The world has changed since the creation of the International Monetary Fund and the World Bank—the world’s first international financial institutions—over 75 years ago. The shared challenges facing humanity have only grown more pressing and existential. From pandemics to climate change to financial ...
Blog Post
August 18, 2022
Last month, the International Monetary Fund (IMF) Board approved the institution’s first Gender Mainstreaming Strategy. This is good news—and the process used by the IMF gender team to draft and seek feedback on the strategy bodes well for the implementation of this important work. But the proof of...
Blog Post
November 23, 2021
CGD's Masood Ahmed speaks with Sida's Carin Jämtin and MCC's Alexia Latortue about their takeaways from the 2021 Development Leaders Conference, including the tensions between national and global challenges, how development agency leaders can address them, and what these decisions might mean for age...
Blog Post
March 25, 2020
It is now only a question of when, not if, the COVID-19 pandemic will exact its human and economic toll on the poor and developing countries of South Asia, Africa, and Latin America the way it is already ravaging East Asia, Europe, and North America. And when it does, they too will need to respond w...
Multimedia
October 25, 2018
From the Bretton Woods Committee: "On October 10, 2018, the Bretton Woods Committee held its annual International Council meeting in Bali, Indonesia alongside the International Monetary Fund and World Bank Group Annual Meetings. An esteemed group of global leaders joined approximately 75 Commit...