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Blog Post
January 22, 2024
At the World Bank-IMF Annual Meetings last fall in Marrakesh, the Bank governors endorsed innovative financial instruments to boost lending at the International Bank for Reconstruction and Development (IBRD)—the Bank’s arm that lends to creditworthy countries. Some donor countries have signaled thei...
Blog Post
November 29, 2023
At the Annual Meetings of the World Bank and IMF in Marrakech in October, the governors of the World Bank agreed upon next steps in the Bank’s “Evolution Roadmap.” The level of ambition is still high, but big reform is far from a done deal. Looking to the past, there has been no shortage of World Ba...
Blog Post
October 10, 2023
One burning question is if the World Bank - together with the regional development banks - will use their potential in decarbonising the world economy. The first step in barricading the gates of hell has to be decarbonising the energy sector. It contributes the most to global greenhouse gas emission...
Blog Post
February 14, 2014
Last week, we sat down with Lawrence to record a Wonkcast on our new working paper The Median is the Message: A Good-Enough Measure of Material Well-Being and Shared Development Progress. In the paper, we argue that survey-based median household consumption expenditure (or income) per...
Blog Post
February 10, 2014
Development progress has traditionally been measured in terms of reductions in poverty and increases in per capita GDP, that is, average income as calculated by dividing total income by the total population. My guests on this week’s Global Prosperity Wonkcast, Nancy Birdsall an...
Blog Post
December 03, 2013
This week, I will be travelling to Beijing, China, with my CGD colleagues, Alan Gelb and Christian Meyer, to attend an authors’ workshop for the Oxford Handbook of Africa and Economics, at the National School of Development at Peking University. Alan, Christian, and I will discuss our ne...
Blog Post
November 20, 2013
What will it take to end extreme poverty by 2030? That is the goal President Obama included in his SOTU in 2013, President Kim recently announced as the World Bank's key objective, and that USAID Administrator Raj Shah will discuss Thursday in a much-anticipated speech at the Brookings Instituti...