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April 14, 2023
Mohamed Bin Hadi Al Hussaini, Minister of State for Financial Affairs, chaired the main session of the 107th meeting of the joint World Bank Group/International Monetary Fund (WBG/IMF)
April 12, 2023
Homi Kharas and Amar Bhattacharya make a case for how and why the International Bank for Reconstruction and Development should expand to become a $1 trillion bank by 2030.
April 7, 2023
The World Bank Group’s Boards of Executive Directors discussed with Management an Evolution Roadmap for the Bank Group to better address the scale of development challenges that affect the Group’s ability to achieve its mission.
April 5, 2023
Ahead of the 2023 World Bank Spring meetings, we have compiled the major MDBs' 2022 energy finance data for the first time.
March 27, 2023
World Bank President David Malpass announced his resignation in mid-February 2023, and will step down by June 2023—about a year before finishing
March 14, 2023
The World Bank’s Evolution Roadmap suggests the institution could provide more grants and subsidies to activities that support the provision of global public goods (GPGs), particularly in richer developing countries. Provision of those public goods is surely a priority: avoiding future pandemics and limiting climate change benefits everyone. At the same time, and especially in an environment where finance for international subsidies and grants is extremely limited, it is important that the mec...
February 17, 2023
Join Carnegie as Stewart Patrick welcomes Amanda Glassman and Zainab Usman for a discussion around the prospect of reforms to the World Bank and its implications for development cooperation.
January 27, 2023
The World Bank management’s Evolution Roadmap suggests the institution is reconsidering its ‘twin goals’ mission statement of eradicating extreme poverty (ending $2.15 poverty by 2030) and boosting shared prosperity (raising the incomes of the bottom 40 percent in each country).
January 20, 2023
/PRNewswire/ -- The "Global Vehicle Electrical/Electronic (EE) Architecture Strategic Insights and Growth Opportunities" report has been added to...
November 7, 2022
The assignment is clear. During this year’s Annual Meetings of the IMF and World Bank, shareholders instructed the World Bank to develop a work program for its own evolution (“to identify gaps in the Bank’s current institutional and operational framework…”) by the end of the year. Secretary Yellen led the evolution charge, noting, “We do not yet have a sufficiently robust toolkit to address, with scale and urgency, our global and cross-border challenges.”