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Blog Post
November 03, 2014
For the first time in its seven-decade-long history, World Bank staff staged a work stoppage earlier this month. Staff are unhappy about the “Change Process,” aka the ongoing internal reorganization that President Kim initiated on his arrival at the bank now more than two years ago.
CGD in the News
September 05, 2014
The U.S. needs to play a greater role in the World Bank to improve its perception in developing markets, according to Nancy Birdsall, president of the Washington-based Center for Global Development.
Emerging-market economies are making a bid for greater influence on the global financial system, wit...
Jul
31
2014
10:30—12:00 PM
July 17, 2014
Previous IMF studies set forth the basic principle that getting energy prices right means setting taxes at a level that reflects health and environmental costs. A new, path-breaking study will be presented by Managing Director Christine Lagarde shows what this would mean in practical terms for 150 d...
Apr
25
2014
1:00—2:15 PM
April 21, 2014
The Center for Global Development will host Lawrence Summers, Charles W. Eliot University Professor and President Emeritus of Harvard University, for a lecture titled "US Leadership and the International Financial Institutions." A longtime board member of the Center, Summers was recently elected to ...
CGD in the News
March 28, 2014
This week, the US Congress again failed to approve a modest appropriation that would have shored up financing for the International Monetary Fund and given China and other emerging economies greater responsibility there. Support for the IMF may seem arcane, but it has important implications for Amer...
Blog Post
March 18, 2014
Here’s a fact about the IMF reform package, agreed in 2010 in a negotiation led by the United States and since approved by 158 countries, but (embarrassingly and cavalierly) stalled in the US Congress: It would increase Ukraine’s access to IMF resources to deal with its fi...
CGD in the News
March 13, 2014
"The IMF is coming kind of late to the party in terms of worrying about inequality and what can be done about it," said Nancy Birdsall, president of the Center for Global Development. "But they are a big player, so we're glad they came to the party."
...
Birdsall said t...
Blog Post
January 16, 2014
USA Commits Own-Goal on the IMF
I'm an American citizen. I'm embarrassed. The US Congress again has failed to include in the omnibus budget bill finally passed by the House (and now going to the Senate) the trivial amount needed for the United States to finally approve critic...