Ideas to Action:

Independent research for global prosperity

CGD Policy Blogs

 

An image of Latin American currency.

The Case for an IDB Capital Increase Is Everywhere Except in the IDB’s Lending Numbers

Today the IDB is again making the case for a capital increase to its shareholders. Yet, despite an unfolding crisis that threatens development progress in Latin America to a degree that eclipses the Global Financial Crisis,  talk of a financing cliff at the bank is absent from its appeal for more capital. That’s because a spike in crisis financing has yet to materialize in IDB’s lending numbers.

Benno Ndulu speaking at a 2018 CGD event

Remembering Benno Ndulu

The CGD family is mourning the recent loss of our friend and colleague, Benno Ndulu. Benno was a towering intellect and a forceful policymaker. He was also a friend to CGD.