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Press Release
February 22, 2023
A new study examining the impact of 13 rising economies including China, Brazil and India on global development has found that their contributions to multilateral institutions like the World Bank and the UN have increased five-fold over a decade, totalling around $6 billion in 2019, compared to just...
CGD in the News
May 28, 2014
The World Bank, a famously bureaucratic institution, is undergoing its first restructuring in nearly two decades. The overhaul is intended to keep it relevant at a time when even the poorest countries can easily tap the global capital markets, but with just weeks to go, the process has turned into w...
CGD in the News
April 14, 2014
This weekend, the World Bank and International Monetary Fund (IMF) had their spring meetings in Washington, D.C. As the black limousines stuffed with the world’s treasury officials queued in front of the Bank’s mirror-glassed facade with its spreadsheet-inspired frames, a small band of p...