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CGD Policy Blogs

 

My Two Big Worries about the World Bank

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.

Missing in the Infrastructure Rush: Intact Ecosystems

This year, a common theme of those discussions was financing for infrastructure investment in developing countries.  I’m disappointed, but not surprised, that these conversations tend to focus exclusively on the need for new bricks-and-mortar infrastructure to meet needs for energy, water, or transport services, and seldom acknowledge the need to maintain the ecological infrastructure that already provides a large portion of those services for many of the world’s poor.

It’s Spring Meeting Time in Washington, and the World Bank’s Finances Have Never Looked Better. Time for a Bank Resource Review.

The World Bank’s governors will meet this weekend to check in on president Jim Kim’s ambitious reform agenda. Anticipating the weekend’s meetings, the bank has rolled out a series of measures through press releases and speeches over the past two weeks, including the announcement of new global practice leaders, a set of financing measures to boost the bank’s lending capacity, and a completed IDA-17 replenishment agreement.

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