Page 203 - Global Development News Today

The United States and its allies faced a China blockade at the UN on March 17 when they ...

On the face of it, the case for a general capital increase for the World Bank should be obvious and urgent in our age of the polycrisis. It is a very efficient way to support an increase in development and climate lending by an order of magnitude. A $20 billion paid-in capital increase would support $200 billion of cumulative lending over 10 years, taking into account the leveraging of the new capital, the timing of loan repayments, and the resulting increases in net income that could add more t...

Among IDA’s key substantive priorities is gender and development—which sits alongside human capital; fragility, conflict, and violence; jobs and economic transformation; and climate change as an overarching special theme. But despite IDA’s inclusion of gender equality as a theme beginning in 2016, it remains at the bottom of IDA-borrowing government officials’ own priorities. What reasons might lie behind this misalignment, and how should it be addressed?

Under pressure from world leaders, development experts and shareholders, the bank opens its spring meeting on Monday, poised for big changes.

Critical infrastructure across the South-East region must be firmly under the control of respective states to avoid a takeover by outside forces as geopolitical tensions heat up in the region.

Concerns have particularly focused on some clauses that allow Chinese entities to seize property or assets when there are defaults.

China debt diplomacy is not only a threat to the natural assets of the African countries but also a threat to the sovereignty of these countries. Unsustainabl

The bank has set out its own vision for transformation, in response to calls for action from the United States and others

Chinese-funded civil aviation training course accessed by Portuguese-speaking African countries-

China proposed the Global Development Initiative in September 2021, and in less than a year, the High-level Dialogue on Global Development was held. Asian countries are working with other countrie...