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March 24, 2009

Brazil
Bank Burden

A few years ago, countries were seeking to expand their financial sector (move toward the left in the chart) in order to accelerate economic growth. But the crisis has made states more aware of the…

Bank Burden

February 6, 2019

International Organizations
How Not to Choose a World Bank President

President Trump has nominated David Malpass to be the next World Bank president. A more transparent process is needed in selecting the institution's head. 

President Donald J. Trump nominates David Malpass to be president of the World Bank.

April 27, 2012

Sub-Saharan Africa
Africa and the World Bank Presidency

Many Africans were proud that the continent fielded a highly qualified candidate for the World Bank presidency, Nigerian finance minister Ngozi Okonjo-Iweala. By the time the vote took place, serious…

Nigeria's Minister of Finance Ngozi Okonjo-Iweala attends an economic conference in the capital Abuja October 20, 2011.

March 17, 2020

International Economic Policy
Addressing the Global Dollar Shortage: More Swap Lines? A New Fed Repo Facility for Central Banks? More IMF Lending?

There is a global scramble for dollars going on. It needs to be addressed through creative policies.

FILE PHOTO: One hundred dollar notes are seen in this photo illustration at a bank in Seoul January 9, 2013.

September 11, 2019

International Economic Policy
Are Asian Insurers the New European Banks?

It is hard to understand the global flow of funds without understanding the risks now being taken by Japanese, Taiwanese, and Korean life insurers.

Are Asian Insurers the New European Banks?

May 7, 2015

Human Rights
Rethinking Accountability at the World Bank

Emerging Voices features contributions from scholars and practitioners highlighting new research, thinking, and approaches to development challenges. This article is by Natalie Bridgeman Fields, Esq…

Edited AC

July 21, 2014

China
Hurling BRICS at the World Bank and the $

Brazil, Russia, India, China, and South Africa (the “BRICS”) made a splash last week with the official launch of their new development bank.  The backers made no secret of their intention to chall…

Hurling BRICS at the World Bank and the $

February 10, 2014

Development
Keep the World Bank Accountable

Emerging Voices features contributions from scholars and practitioners highlighting new research, thinking, and approaches to development challenges. This article is from Natalie Bridgeman Fields, fo…

Child-labour-Botue-Village-e1335833710371

July 23, 2014

China
Is the BRICS Bank More "Democratic" Than the World Bank?

The launch of the new BRICS development bank “reflects the disparity and democratic deficiency in the global governance and is trying to restart, to rethink that,” according to Nobel economist Jos…

Is the BRICS Bank More "Democratic" Than the World Bank?

May 16, 2013

International Organizations
Doing Business at the World Bank

A showdown is looming at the World Bank over whether to discontinue or water down the Bank’s annual "Doing Business" Report.  As reported here, and blogged about here, and here, China is leading the …