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Blog Post
February 27, 2024
In the UK context the main discussion of UK development policy amid all of these headwinds has been around the current government’s new ‘white paper’, which seeks to set UK development policy to 2030 and tried to be cross-party. That said, it could have a very short shelf life as presumably any inco...
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
May 06, 2022
Rising inequality within major economies of the world has now been well documented. Recent Vox columns include, for example, Dorn and Levell (2022), Lansing and Markiewicz (2018), Ravallion and Chen (2021), and Kanbur (2020). But what is happening to global inequality, meaning inequality across all ...
WORKING PAPERS
May 06, 2022
The decline in global inequality over the last decades has spurred a "sunshine" narrative of falling global inequality that has been rather oversold, in the sense, we argue, it is likely to be temporary. Our work first formalizes the intuition that the fall in global inequality will eventually rever...
Blog Post
July 20, 2020
To try to get back on track towards achieving the SDG poverty and inequality goals, developing country governments are seeking to pull off a hat-trick over the next decade: sustaining high rates of economic growth, eliminating poverty, and significantly reducing inequality. In a new CGD paper, we co...
WORKING PAPERS
July 20, 2020
In a post-COVID-19 context, what type of economic growth will most likely end global poverty and reduce inequality? We conclude that in the aftermath of the pandemic, countries will need to pursue historically unprecedented growth paths in order to achieve the poverty and inequality Sustainable...