Ideas to Action:

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CGD Policy Blogs

 

Run, Lagarde, Run

Last week, within a few hours of announcing she was running for a second term as head of the IMF, it appeared that Christine Lagarde had the nomination sewn up. That’s little surprise given the incumbent’s track record. But what better time than now — when Europe’s candidate would most likely win without a stitch-up — to push reform?

The World Bank Is Turning 70. Do We Still Need It?

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?