The World Bank opened in 1946 to finance a global economy just emerging from colonization and warfare and just embarking on the Cold War. Today the global development landscape is radically different, and capital circles the globe at volumes unthinkable back then. Why keep the World Bank now?
CGD Policy Blogs
In 2016, as we celebrate our 15th year, CGD continues to be a policy crucible, producing independent ideas, nonpartisan thinking, and practical, research-based proposals that cost little or nothing to the rich world but make a huge difference to developing countries. The problems we address and the solutions we create may have changed in 15 years, but forensic scrutiny of existing policies — or policy gaps — is an approach that continues to have real-world impact