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Blog Post
April 24, 2023
That said, there are reasons to doubt that a declining working age population would have a long-term effect on prices. They are based on an argument that economists have long made when it comes to migration into economies where the domestic labor force was still expanding, termed the “lump of labor ...
Blog Post
April 21, 2023
In our recent paper forecasting global economic outcomes in 2050, we compared our estimates to the five shared socioeconomic pathways developed in 2018–scenarios used as part of climate change forecasting exercises by the IPCC. But these were far from the first global economic forecasts to reach 205...
Blog Post
April 21, 2023
At the Spring Meetings of the World Bank, a range of shareholders repeated their call for multilateral development banks (MDBs) to do more, particularly with regard to climate finance. At the same time, client countries are demanding these institutions preserve their core mandate to support developm...
Blog Post
April 19, 2023
The World Bank’s evolution roadmap calls for the institution to reform and grow in response to global challenges and in particular climate change. But if the World Bank wants to do more on climate, it will also need to do more on migration–a topic only mentioned in passing. Successive briefings to t...
Blog Post
April 14, 2023
The dialogue around World Bank reform proposals has been dominated by Northern voices. But in the last week, representatives of World Bank Group client countries both based in the city and visiting for the World Bank-IMF Spring Meetings have helped to rebalance the discussion.
Blog Post
April 10, 2023
The world has never been more educated, our populations more connected. Technological advance in areas from solar and fusion power through batteries to satellites and cancer vaccines will help deliver sustained development. Ending extreme ($2.15 a day) poverty, while long overdue, is on a trajectory...
Blog Post
April 03, 2023
The World Bank shouldn’t become a dedicated climate bank: that’s not what its client countries want, and the global development agenda (the D in IBRD and IDA) is still urgent. But, with additional finance, the Bank could play an important part in the global response to the climate challenge. That sh...
Apr
12
2023
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March 22, 2023
"Driving Digital Transformation: Lessons from Seven Developing Countries" documents the experiences of implementing the Digital Economy Kit developed by the Pathways for Prosperity Commission and the Digital Pathways at Oxford program. The book was written in the name of Benno Ndulu, a former non-re...