In 2016 on the CGD Podcast, we have discussed some of development's biggest questions: How do we pay for development? How do we measure the sustainable development goals (SDGs)? What should we do about refugees and migrants? And is there life yet in the notion of globalism? The links to all the full podcasts featured and the work they reference are below, but in this edition, we bring you highlights of some of those conversations.
CGD Policy Blogs
The 18th "replenishment" of the World Bank's International Development Association (IDA) opened the door to a major source of non-donor financing in the years ahead, which will mean—to put it bluntly—that the World Bank can now literally afford to say no to the United States and other major donors like the United Kingdom and Japan on a range of policy matters.
To say that John Bolton, President-elect Trump’s expected pick for #2 at the State Department, is a well-known UN critic would be an understatement. But it’s well worth noting that he has opinions about the IMF and the multilateral development banks too.
Foreign assistance has come a long way in becoming much more transparent. The idea, pushed by campaigns like Publish What You Fund and embodied in the International Aid Transparency Initiative, is that being more open about concessional aid will lead to less waste and more accountability. So what about non-concessional development finance? As the importance of development finance institutions (DFIs) grows, how transparent are they?
The multilateral development banking (MDB) system is regarded as having been remarkably successful—but is the model still fit for purpose? CGD president Nancy Birdsall and senior fellow Scott Morris delve into a new CGD report's recommendations on how to make MDBs more effective.
Lawrence H Summers, former US Treasury Secretary, Harvard professor, and the CGD Board Chair, explains why the World Bank and the regional multilateral development banks (MDBs) are well-placed to help address some of today’s urgent problems, including climate change, pandemics, and the problems of large-scale forced migration.
Rory Stewart MP gave a wise speech about how Britain can play a role in global peace and stability. In my brief response to the Minister, I suggested twelve policies which are within our control which would help create conditions for stronger, more peaceful, more prosperous countries to thrive, and so reduce the risks of future conflict and instability. Here they are.
Finance and development ministers gathered in Washington this weekend at the World Bank’s annual meetings have an ambitious agenda of topics to discuss. But the truth is, it is not nearly ambitious enough. A new CGD report by a high level commission of development and finance experts explains why and what should happen.
As part of a joint CGD-IRC study group, we have been developing concrete ideas on how to move the global community toward providing refugees and their host communities pathways to self-reliance that can benefit all. Greater attention to education and livelihoods opportunities for refugees is a welcome development, but it is critical to ensure that new financing commitments are not simply funding business-as-usual.
If one thing is for certain following the CGD event, the “Asian Development Bank at 50,” the ADB’s work is far from done, and there will be no lack of ambition on the part of the US government and the bank’s other shareholders when it comes to a forward-looking agenda.