Center for Global Development

The Center for Global Development is an independent, nonpartisan think tank based in Washington D.C. and London. CGD works to reduce global poverty and improve lives through innovative economic research that drives better policy and practice by the world's top decision makers. Over the next two years, CGD will be conducting rigorous research and proposing practical solutions to drive broader mandates, better governance, and modern business models at the multilateral development banks.

Recent Posts

Multilateral Development Banks for a Global Future: The Perspective of Emerging Market Leaders

October 12, 2022 Eastern Time

With increasing challenges that go beyond national borders, the World Bank and other MDBs must quickly transform themselves and become truly global banks – through broader mandates, better governance, and modern business models. Middle-income countries will be a crucial part of this transformation. Most of the world’s people and most of the world’s poor live in MICs. Such countries are also significant users of World Bank’s products and services, and many are strong supporters of GPGs. At the time of the Annual Meetings of the World Bank and IMF, President [...]

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Boosting MDBs’ Role and Capacity in Development Finance

October 11, 2022 Eastern Time

In July, the G20 published the report it had commissioned from an independent panel of experts to assess MDB capital adequacy. The report's recommendations, if implemented, would support a major increase in collective MDB lending, likely reaching hundreds of billions of dollars over time. The report spells out how this expansion in lending can be achieved while maintaining strong MDB institutional ratings. This event--co-hosted by the Government of Indonesia, current chair of the G20, and CGD--will feature remarks by Indonesia’s Finance Minister Sri Mulyani and an examination of the report’s [...]

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Global Challenges Require Global Solutions: Transforming the MDB System

October 17, 2021 Eastern Time

PANELISTS Lawrence Summers, Chares W. Eliot University Professor, Harvard University Donald Kaberuka, Chairman and Managing Partner, SouthBridge Minouche Shafik, Director, London School of Economics Masood Ahmed, President, Center for Global Development  MODERATOR Clemence Landers, Policy Fellow, CGD

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Secretary Yellen to Deliver Remarks on International Development and Evolving the Multilateral Development Banks

October 6, 2022 Eastern Time

Opening Remarks Masood Ahmed, President Center for Global Development  Speaker Janet L. Yellen, Secretary of the Treasury

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