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October 31, 2023

Latin America
What Does the Inter-American Development Bank Do?

The Inter-American Development Bank aims to bolster economic and social development in Latin America and the Caribbean, but critics say reforms are needed.

A sign promotes the IDB Board of Governors meeting in Panama City, Panama, in March 2023.

January 22, 2024

Economics
An SDR-Linked Bond Can Strengthen the Finances of the World Bank Group

SDR-denominated bonds have the potential to significantly strengthen the balance sheet of both the IBRD (The World Bank) and IDA, freeing up cash and helping both institutions deliver on their mandat…

An SDR-Linked Bond Can Strengthen the Finances of the World Bank Group

October 4, 2022

Monetary Policy
As Global Recession Looms, a Perilous Moment for Central Banks

Many central banks are navigating turbulent waters as they battle inflation, a strengthening dollar, and an energy crunch. Should they coordinate policy?

People walk past a sign outside a currency exchange office in London.

October 12, 2023

International Organizations
The World Bank Group’s Role in Global Development

Since its founding in 1944, the World Bank has evolved from a lender focused on European reconstruction to the preeminent international institution for economic development and poverty reduction.

A woman reads in front of a chalkboard in an outdoor classroom in Niger.

May 2, 2024

RealEcon
Geopolitics in the Indo-Pacific: An ADB Perspective

As part of the CFR RealEcon Roundtable Series, Scott Morris, vice president of the Asian Development Bank (ADB), explained how the ADB supports countries in the Indo-Pacific region amid shifting geop…

Scott Morris speaks at a CFR roundtable event.

April 18, 2024

European Union
Trends in International Trade: A Conversation With Valdis Dombrovskis

The European Commission’s Executive Vice President and Commissioner for Trade, Valdis Dombrovskis, discusses the trends and shocks affecting international trade, the value-added of multilateralism, a…

Play Portrait of Executive Vice President of the European Commission Valdis Dombrovskis with American and European Union's flags in the background.

May 2, 2024

Turkey
Erdogan’s Crisis of Legitimacy and Its Consequences

Despite the destabilizing effects of his economic and foreign policies, as well as a major election loss, President Erdogan shows no sign of interest in course correction.

Supporters of Turkish President Recep Tayyip Erdogan listen to his speech during a rally ahead of local elections in Istanbul, Turkey, in March 2024.

July 13, 2023

Latin America
Central America’s Turbulent Northern Triangle

The United States continues to seek strategies for responding to the growing number of migrants fleeing poverty, violence, and other challenges in the Central American region.

The casket of a migrant teenager who suffocated in a truck in Texas is buried in Guatemala.