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2. How Can the World Bank Group Improve Its Private Sector Projects in African Fragile States?
- Author:
- Vijaya Ramachandran, Benjamin Leo, and Ross Thuotte
- Publication Date:
- 04-2012
- Content Type:
- Policy Brief
- Institution:
- Center for Global Development
- Abstract:
- In recent years, the World Bank Group has made increasingly strong and explicit commitments to fragile and conflict-affected states, putting them at the top of the development policy agenda. These commitments are promising, but give rise to significant operational challenges for the various arms of the World Bank Group, including the International Development Association (IDA), the International Finance Corporation (IFC), and the Multilateral Investment Guarantee Agency (MIGA). The bank also faces steady pressure from shareholders to scale up involvement in fragile states while also improving absorptive capacity and project effectiveness.
- Topic:
- Development, Economics, Markets, Foreign Aid, and World Bank
- Political Geography:
- Africa
3. Leadership Selection at the International Financial Institutions
- Author:
- Jenny Ottenhoff
- Publication Date:
- 09-2011
- Content Type:
- Policy Brief
- Institution:
- Center for Global Development
- Abstract:
- The International Financial Institutions (IFIs) are multilateral agencies. The term typically refers to the International Monetary Fund (IMF), which provides financing and policy advice to member nations experiencing economic difficulties, and the multilateral development banks (MDBs), which provide financing and technical support for development projects and economic reform in low- and middle-income countries. The term MDB is usually understood to mean the World Bank and four smaller regional development banks: African Development Bank (AfDB). Asian Development Bank (ADB). European Bank for Reconstruction and Development (EBRD) Inter-American Development Bank (IDB).
- Topic:
- Development, Economics, International Monetary Fund, Foreign Aid, and World Bank
- Political Geography:
- Africa, America, Europe, and Asia
4. IDA at 65: Heading Toward Retirement or a Fragile Lease on Life?
- Author:
- Todd Moss and Benjamin Leo
- Publication Date:
- 03-2011
- Content Type:
- Working Paper
- Institution:
- Center for Global Development
- Abstract:
- Even under conservative assumptions, IDA will likely face a wave of country graduations by 2025. We project that it will lose more than half of its client countries and that the total population living in IDA-eligible countries will plunge by two-thirds. The remaining IDA-eligible countries will be significantly smaller in size and overwhelmingly African, and a majority are currently considered fragile or post-conflict. This drastically altered client base will have significant implications for IDA's operational and financial models. We conclude with three possible options for IDA and recommend that World Bank shareholders and management begin frank discussions on its future sooner rather than later.
- Topic:
- Demographics, Development, Health, World Bank, and Health Care Policy
- Political Geography:
- Africa
5. Billions More for International Institutions? The ABCs of the General Capital Increases (GCI)
- Author:
- Todd Moss, Sarah Jane Staats, and Julia Barmeier
- Publication Date:
- 06-2010
- Content Type:
- Policy Brief
- Institution:
- Center for Global Development
- Abstract:
- The international financial institutions dramatically increased their lending in 2008–09 to help developing countries cope with the global financial crisis and support economic recovery. Today, these organizations are seeking billions of dollars in new funding. The IMF, which only a few years ago was losing clients and shedding staff, expanded by $750 billion last year. The World Bank and the four regional development banks for Africa, Asia, Europe, and Latin America are asking to increase their capital base by 30 to 200 percent. A general capital increase (GCI) for these development banks is an unusual request. A simultaneous GCI request is a once-in-a-generation occurrence.
- Topic:
- International Relations, International Monetary Fund, Financial Crisis, and World Bank
- Political Geography:
- Africa, Europe, Asia, and Latin America