Multilateral Development Banks

More from the Series

REPORTS
The International Development Finance Club and the Sustainable Development Goals
December 17, 2018
The SDGs face a key dilemma. Although major multilateral institutions like the World Bank and the other core MDBs have played a leadership role in shaping the SDG financing framework, there is a significant misalignment between the structure of these institutions and SDG financing needs. The Interna...
Blog Post
The Biggest Club You’ve Probably Never Heard Of
December 14, 2018
SDGs. Billions to trillions. South-South development cooperation. Development finance. If these terms resonate with you (positively or negatively), and you’ve never heard of the International Development Finance Club (IDFC), you should rectify that. At least, that’s the conclusion we&rsq...
WORKING PAPERS
The Dilemma of the African Development Bank: Does Governance Matter for the Long-Run Financing of the MDBs? - Working Paper 498
November 29, 2018
Does governance matter for the long-run financing and effectiveness the multilateral development banks? Does their system of weighted voting matter for their long-run access to financing and their effectiveness as development institutions? Does the voting structure involve some tradeoff between the ...
Blog Post
Is the Donor Agenda for the SDGs Making Aid a Tool of Inequity?
November 13, 2018
It is now abundantly clear that aid money will provide only a fraction of the resources needed to reach the Sustainable Development Goals. That realization came early on, and it was a central theme of the Addis Financing for Development conference of 2015, held before the SDGs were even signed.
Blog Post
Don’t Let Development Finance Institutions Water Down Principles on Subsidizing Private Companies
November 09, 2018
In my last blog post on the IDA Private Sector Window, I noted the strong principles on subsidies to the private sector that were agreed by the heads of the multilateral development banks (MDBs) in 2012 as part of the Multilateral Development Bank Principles to Support Sustainable Pri...
Blog Post
China’s “Green” Belt and Road Initiative Isn’t Very Green
November 08, 2018
What would it look like today if major multilateral finance institutions like the World Bank had never adopted the climate agenda as a binding constraint on their operations? Unfortunately, we have a real-world approximation of that hypothetical in the form of Chinese development finance. At least, ...
Blog Post
Redesigning the IDA Private Sector Window for Impact: Some Principles and Potential Practices
November 05, 2018
I have previously suggested that the current design of the $2.5 billion World Bank/IDA Private Sector Window (PSW) seemed an inefficient use of scarce aid resources, didn’t follow the World Bank’s own guidance on disclosure and design of subsidies to the private secto...