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CGD in the News
October 12, 2016
The multilateral development banking system is due for a major overhaul, according to a high-level panel assembled by the Center for Global Development. Institutions including the World Bank and regional MDBs need to recalibrate their missions, rethink their values, and work better as a collective s...
CGD in the News
March 28, 2014
This week, the US Congress again failed to approve a modest appropriation that would have shored up financing for the International Monetary Fund and given China and other emerging economies greater responsibility there. Support for the IMF may seem arcane, but it has important implications for Amer...
CGD in the News
March 13, 2014
"The IMF is coming kind of late to the party in terms of worrying about inequality and what can be done about it," said Nancy Birdsall, president of the Center for Global Development. "But they are a big player, so we're glad they came to the party."
...
Birdsall said t...
January 15, 2010
G-20 heads of state gathering in Washington this upcoming weekend to seek solutions to the global financial crisis should consider ways to strengthen the IMF and the World Bank, the international financial institutions set up after World War II,
to prevent a repeat of the Great Depression. CGD pres...
April 13, 2009
The G-20 pledged in London late last month that they would make an additional $1 trillion available through the International Monetary Fund and other institutions to help developing countries cope with the global economic crisis. If this and other commitments materialize quickly, that’s good news in...