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Blog Post
October 17, 2023
There’s not a lot of low-hanging fruit in global development. On the issues that matter most, from preventing the next pandemic to expanding migration opportunities, and financing climate adaptation, even minor progress tends to require big financial commitments and often faces deep political resist...
Blog Post
October 16, 2023
The real test after the meetings will be how to identify sources of concessional financing for middle-income countries while still delivering on IDA. Donors have leaned heavily on capital adequacy reforms and private sector mobilization as sources of finance, but there is no escaping the fact that t...
CGD NOTES
October 13, 2023
A world on fire requires the multilateral development banks to be at center stage in creating an effective response and bringing diverse actors to support a shared agenda of transformative development. MDBs have a distinctive comparative advantage in playing a catalytic role in fostering government ...
POLICY PAPERS
October 12, 2023
The Multilateral Investment Guarantee Agency (MIGA), which offers investors and bankers political risk insurance and guarantees against non-payment by governments and state-owned enterprises, should feature heavily in the private sector reform agenda. We offer recommendations that would enable MIGA ...
Blog Post
October 12, 2023
As shareholders move forward with the World Bank’s Evolution Roadmap, they should take a closer look at the Multilateral Insurance Guarantee Agency (MIGA) and its potential to help advance the private sector agenda which has so far failed to deliver. The current version of the Roadmap includes opti...
Blog Post
October 09, 2023
Ahead of the highly-anticipated World Bank-IMF Annual Meetings in Marrakech, the Center for Global Development has unveiled a new tool to track reforms at the multilateral development banks. The Multilateral Development Bank (MDB) Reform Tracker is an innovative platform that explores how the six la...
Blog Post
October 05, 2023
At the urging of shareholders, the World Bank has pulled together a set of reform proposals to broaden the World Bank Group’s mission, stretch its balance sheet, and strengthen its impact. We looked at both the new Roadmap document and 2016's Forward Look document to assess whether the Evolution Roa...