U.S. Bureaucratic Blunder Could Cost Somalia Desperately Needed Debt Relief
U.S. ambassador considers resigning over the issue, which could harm U.S. anti-terrorism mission and aid programs there, officials say.
View ArticleGlobal Poverty Rampant Despite Sunny Talk, U.N. Finds
Reliance on arbitrary metrics, like a $1.90-a-day bar for poverty, masks huge and growing inequality in the world.
View ArticleThe World Bank Is Missing U.S. Leadership
Biden’s sacking of Trump appointees at international financial institutions has left a vacuum.
View ArticleThe IMF’s Big Week
The fund must decide whether to retain leader Kristalina Georgieva amid claims she is too soft on China.
View ArticleU.N., World Bank Under Pressure to Offer Aid to Afghanistan
The existing sanctions regime on Taliban leaders makes it hard for the world to help the Afghan people.
View ArticleThe World Bank and IMF Are Getting It Wrong on Climate Change
Rich donor countries are working to deprioritize poverty reduction and economic development in the global south.
View ArticleEurope to Africa: Gas for Me but Not for Thee
Europe is ramping up its use of the dirtiest fuels—but keeps pressing Africa to stick to draconian green goals.
View ArticleThe G-7 Infrastructure Plan Won’t Succeed Unless It Learns from Past Failures
Rather than antagonizing political opponents and geopolitical rivals, the U.S. government should entrust infrastructure development to the World Bank—and fund it generously.
View ArticleThe World Bank Must Do More With Less
The organization’s next president will have to tackle a growing range of issues with a shrinking capital base.
View ArticleThe World Bank Won’t Succeed Until the West Pulls Its Weight
The development bank doesn’t have enough money to achieve its goals—unless it gets more creative with its balance sheet.
View ArticleThe World Bank Is Still Failing the Poor
Poverty alleviation in the economically weakest parts of the world will require giving the poor a real seat at the table—which the World Bank has never done.
View ArticleLarry Summers: It’s Dangerous When Everyone Is a China Hawk
The former U.S. treasury secretary on competition with China and why he puts the chances of a recession at 70 percent.
View ArticleFinally, Rich Countries Recognize Africa’s Right to Use Gas
Blanket bans on gas finance stifle development, hurt climate goals, and reek of hypocrisy.
View ArticleReligious Leaders as Advocates for Female Success
What a pastor and a prince tell us about the path towards gender equity.
View ArticleWill Bola Tinubu’s Reforms Help or Harm Nigeria?
Removing fuel subsidies and floating the naira’s exchange rate may please international lenders, but the policies could trap millions in poverty.
View ArticleCan the G-20 Be a Champion for the Global South?
The group needs to embrace new ideas and more inclusive leadership.
View ArticleA New Multilateralism
How the United States can rejuvenate the global institutions it created.
View ArticleThe Alliances That Matter Now
Multilateralism is at a dead end, but powerful blocs are getting things done.
View ArticleNiger Is a Warning for the World Bank
International finance needs a new playbook for crisis as the bank convenes for its annual meetings.
View ArticleThe Dark Side of Climate Finance
At COP28, poor countries should be careful what they wish for.
View ArticleWill COP28 Jump-Start Latin America’s Green Energy Ambitions?
Without new funding, countries risk wasting their potential.
View ArticleAt COP28, the World Needs to Prioritize Financial Reform
Three ideas that could boost investment in the planet—and its people.
View ArticleHow a Start-Up Utopia Became a Nightmare for Honduras
U.S. investors are suing Honduras over special economic zones, and the dispute could bankrupt the country.
View ArticleA Quiet Revolution in Climate Finance
The Inter-American Development Bank is piloting new lending practices for the green transition.
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