World Bank president Jim Kim delivered a speech and responded to questions today at Brookings in his first public event since taking the helm at the world’s top development organization on July 1. He struck me as thoughtful, well-informed, articulate and dedicated to multilateralism and the bank’s mission of reducing global poverty. You can see his speech and the Q&A here.
CGD Policy Blogs
IMF managing director Christine Lagarde announced at a CGD event on Tuesday that the IMF would provide research and analytic support in three areas crucial to sustainable development: carbon pricing, phasing out fossil fuel subsidies and green national accounting, that is, development of new measures of economic progress that take into account environmental costs and benefits not included in Gross Domestic Product (GDP).
IMF Chief Warns of Triple Crisis—Economic, Environment, Social—Details IMF Actions to Help on Climate
In a major departure from the IMF’s traditional focus on narrowly defined economic problems, IMF managing director Christine Lagarde warned today that the world faces “a triple crisis—an economic crisis, an environmental crisis and, increasing, a social crisis.”
Climate change politics are strange. Innovation, even when it’s about easy new money, is hard. That’s the lesson I extract from what happened on March 4th in the IMF boardroom.
Zedillo Commission Offers G-20 a Blueprint for Fixing the World Bank (But will Zoellick be Gorbachev or Brezhnev?)
Last week, the World Bank released the long-awaited report of a high-level commission headed by former Mexican president Ernesto Zedillo. The report, which had been requested by World Bank president Robert Zoellick, offers a comprehensive blueprint for modernizing the World Bank to deal with the challenges of the 21st Century.
CGD president Nancy Birdsall urged the United States to exercise leadership at the upcoming G20 Summit in Pittsburgh in a speech today at the Center for Global Development.