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Blog Post
January 16, 2018
On Friday, the World Bank’s chief economist, Paul Romer, told the Wall Street Journal that the Bank unfairly influenced its own competitiveness rankings. He highlighted the case of Chile which suffered lower rankings on the Doing Business index during the Bachelet administration...
Blog Post
October 04, 2016
Beginning this Friday, the Annual Meetings of the IMF and World Bank will take place against the backdrop of a still-sputtering global economy, a growing number of displaced people, and a warming climate. In the face of these headwinds, a major priority for the multilaterals has to be to energi...
WORKING PAPERS
July 21, 2016
The World Bank’s new Program for Results (PforR) instrument is only the third financing instrument approved since 1944. The PforR portfolio is expanding rapidly and represents an appreciable part of “results-based” development finance. This paper analyzes the first 3...
CGD in the News
September 19, 2014
Alan Gelb, a senior fellow at the Center for Global Development and former director of development policy at the World Bank, says geotagging projects will not only help ensure greater global and local oversight of projects, but track whether World Bank cash is heading to problem areas.
Blog Post
October 03, 2013
This is a joint post with Mead Over.
The new World Bank Group Strategy posted this week for discussion by the Development Committee, the ministerial-level forum that oversees the World Bank and the IMF, provides a solid analytical foundation for what has so far been a messy and...
Blog Post
September 04, 2013
This is a joint post with Alan Gelb.
In response to our August 5 blog criticizing the World Bank’s current reorganization plans, a few readers wrote to ask us if we could come up with a better idea. This is a daunting challenge. We’ve heard that the Bank has spent millions over more tha...
Blog Post
August 05, 2013
This is a joint post with Mead Over.
The World Bank is reorganizing. Bloomberg reports that president Jim Yong Kim has written staff about a shake-up at the bank’s highest levels in preparation for implementing an as-yet-to-be-announced new institutional strategy. Such can be unsettling for b...