World Bank

Why the World Bank needs to ask Jim Kim some tough questions in his Job Interview

Duncan Green - September 22, 2016

Guest post from Nadia Daar, head of Oxfam’s Washington DC office Preparing for an interview is often traumatic – by this point I’ve done a few and believe me, Oxfam doesn’t make things easy! And I’ve heard the World Bank doesn’t either. Yet for the position of president, there is a widespread feeling that Jim Kim’s upcoming interview with the Board of Directors this week …

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Please help sharpen up the World Bank’s theory of change on governance and law

Duncan Green - September 14, 2016

The World Bank is helping us hone our speed reading skills this week, by publishing a draft of its forthcoming World Development Report 2017 on Governance and the Law and asking for comments by Friday. Someone has helpfully put a track changes version online here, comparing the new (‘green cover’) draft with the previous (‘yellow cover’) one, which I blogged about in July, but it’s …

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If politics is the problem, how can external actors be part of the solution? New World Bank paper

Duncan Green - August 2, 2016

The new paper comes from Shanta Devarajan, the Bank’s Chief Economist for the Middle East and North Africa Region, (recently drafted in to help get the WDR to the finishing line) and Stuti Khemani, Senior Economist at its Development Research Group. The World Bank seems currently to be awash with fascinating reflections and rethinking on politics and power. This one’s big message is perfectly captured …

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The World Bank is having a big internal debate about Power and Governance. Here’s why it matters.

Duncan Green - July 26, 2016

Writing flagship publications in large institutions is a tough job. Everyone wants a piece, as different currents of opinion, ideology or interest slug it out over red lines and key messages. Trying (and failing) to write one for Oxfam once put me in hospital. So no surprise that the flagship of flagships, the World Bank’s annual World Development Report, on Governance and Law, is currently …

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Book Review: The Economics of Poverty by Martin Ravallion

Duncan Green - May 5, 2016

Oxfam inequality number cruncher Deborah Hardoon reviews The Economics of Poverty by Martin Ravallion.  It’s hard to think of a better placed individual than Martin Ravallion to have written this book. Not only has he spent over 30 years working on poverty, including 24 years at the World Bank, but in 1990 it was Martin Ravallion who, during dinner with his wife had an ‘epiphany …

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Where are the ‘Digital Dividends’ from the ICT Revolution? The new World Development Report

Duncan Green - February 22, 2016

OK, book done, back from recuperative holiday, time to get back to daily blogging. Earlier this month I headed off for the London launch of the 2016 World Development Report, ‘Digital Dividends’. The World Bank’s annual flagship is always a big moment in wonkland, and there has been a lot of positive buzz around this one. Here’s how the Bank summarizes its content: ‘What is the …

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Why is the World Bank Group dragging its feet over its disastrous PPP policy on funding healthcare?

Duncan Green - November 20, 2015

Oxfam health policy lead Anna Marriott gets back from maternity leave to find that the World Bank Group is dragging its feet over a disastrous health contract in Lesotho Back in April 2014, World Bank Group President Jim Kim said in a televised interview (19 ½ minutes in) that his organisation would be ‘the’ go-to group to understand how health sector public private partnerships (PPPs) …

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Where has the global movement against inequality got to, and what happens next?

Duncan Green - October 6, 2015

Katy Wright, Oxfam’s Head of Global External Affairs, stands back and assesses its campaign on inequality. The most frequent of the Frequently Asked Questions I’ve heard in response to Even it Up, Oxfam’s inequality campaign. is “how equal do you think we should be?” It’s an interesting response to the news that just 80 people now own the same wealth as half the world’s population …

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Why we should be worried by the World Bank shoveling $36bn to ‘financial intermediaries’

Duncan Green - April 2, 2015

Everyone’s heard of the World Bank, but far fewer people know of its private sector arm, the International Finance Corporation, which describes itself as ‘the largest global development institution focused exclusively on the private sector in developing countries’. It’s huge and growing, and it’s got some nasty skeletons in its cupboard – today it comes in for a good kicking from The Suffering of Others, a …

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What to do about Inequality, Shrinking Wages and the perils of PPPs? A conversation with Kaushik Basu, World Bank chief economist

Duncan Green - March 10, 2015

Along with a bunch of policy wonks from NGOs and thinktanks, I had an exchange with World Bank chief economist Kaushik Basu this week. Rules of engagement were that the meeting  was off the record, but I was allowed to blog as long as the Bank saw a draft to make sure I wasn’t about to get him the sack. In the end, however, the …

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