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41. IDA at 65: Heading Toward Retirement or a Fragile Lease on Life?

Author:
Todd Moss and Benjamin Leo
Publication Date:
03-2011
Content Type:
Working Paper
Institution:
Center for Global Development
Abstract:
Even under conservative assumptions, IDA will likely face a wave of country graduations by 2025. We project that it will lose more than half of its client countries and that the total population living in IDA-eligible countries will plunge by two-thirds. The remaining IDA-eligible countries will be significantly smaller in size and overwhelmingly African, and a majority are currently considered fragile or post-conflict. This drastically altered client base will have significant implications for IDA's operational and financial models. We conclude with three possible options for IDA and recommend that World Bank shareholders and management begin frank discussions on its future sooner rather than later.
Topic:
Demographics, Development, Health, World Bank, and Health Care Policy
Political Geography:
Africa

42. Uluslararası Güç Dengeleri Bağlamında Uluslararası Finans Sisteminin Yeniden Yapılandırılması: Disiplinlerarası Bir Değerlendirme

Author:
Gökhan Özkan
Publication Date:
10-2010
Content Type:
Journal Article
Journal:
Uluslararasi Iliskiler
Institution:
Uluslararasi Iliskiler
Abstract:
The global financial crisis triggered debate on restructuring international financial system. In this study, restructuring process of the international financial system is evaluated within the context of international balance of power. It is argued that it is insufficient to focus only on the economic dimension, but restructuring should be evaluated by taking into account international political dynamics. This work looks at how differences of opinion between the developed countries, particularly the G-7 countries and the developing (emerging?) countries, particularly Brazil, Russia, India and China shape the process. It is anticipated that the restructuring process will proceed at a modest pace because of the asymmetry of interests and the gap between the understandings of the developing and developed countries about reforming the decision-making mechanisms of the IMF and the World Bank and the diversification of the international monetary system. It is concluded that the new shape of the international financial architecture will depend on the international politics and balance of power as well as the evolution of the global crisis and the economic dynamics.
Topic:
International Trade and Finance, International Monetary Fund, Financial Crisis, and World Bank
Political Geography:
Russia, China, India, and Brazil

43. In the loop: multilevel feedback and the politics of change at the IMF and World Bank

Author:
Liam Clegg
Publication Date:
03-2010
Content Type:
Journal Article
Journal:
Journal of International Relations and Development
Institution:
Central and East European International Studies Association
Abstract:
How can we integrate the agential influence of state preferences and the structural influence of social environments in models of change within international organisations? Through an analysis of the central aspects of the Poverty Reduction Strategy Paper (PRSP) initiative, this article argues that in isolation neither of the two dominant accounts of international organisations — the principal-agent (PA) and constructivist approaches — is able to adequately capture the progression of the initiative. Rather, I show that the evolution of the PRSP initiative is best conceptualised as an Archerian morphogenic cycle, whose unfolding can be understood by synthesising elements of the PA and constructivist approaches. The morphogenic approach provides an analytic framework capable of tracking the process of multilevel feedback from state socialisation through to policy operationalisation, and for the input of creditors, the International Financial Institutions (IFIs), and borrowing countries to be mapped.
Topic:
Politics and World Bank

44. Discontent with the World Bank's Excursion into Economic Geography: Lions and Butterflies Once More?

Author:
Robert M. Buckley and Thomas D. Buckley
Publication Date:
04-2010
Content Type:
Working Paper
Institution:
The New School Graduate Program in International Affairs
Abstract:
The World Bank's 2009 Reshaping Economic Geography has had overwhelmingly negative reviews by geographers. Why are they so unhappy with the Bank's excursion into economic geography? One answer is that they have some valid criticisms. Another explanation, one that we think is important, is that some of their criticisms are not valid. We think that this problem arises because of cross disciplinary problems, filled with ―venom and incomprehension. We attempt to put what we think are misunderstandings to the side to clarify the most effective criticisms. If this can be done, perhaps the Bank's foray into economic geography could be more usefully engaged by geographers and others.
Topic:
Economics, International Organization, and World Bank

45. The U.S. Aid "Surge" to Pakistan: Repeating a Failed Experiment? Lessons for U.S. Policymakers from the World Bank's Social-Sector Lending in the 1990s

Author:
Nancy Birdsall and Molly Kinder
Publication Date:
05-2010
Content Type:
Working Paper
Institution:
Center for Global Development
Abstract:
During the 1990s, the World Bank and several donor partners provided a “surge” in external aid to support Pakistan's social sectors. Despite the millions of donor dollars spent, the program failed. Poverty was higher in Pakistan in 2004 than it was a decade earlier when the antipoverty program began. This working paper re-releases a CGD analysis of the World Bank's program, which was prepared in 2005 by CGD researchers Nancy Birdsall, Milan Vaishnav, and Adeel Malik. The analysis reports the many problems donors faced while working with Pakistan's government to improve health and education outcomes. A new preface by Nancy Birdsall and Molly Kinder identifies the key lessons from this massive donor experiment that are relevant today, as the United States and other donors prepare to increase their assistance to Pakistan to historic levels.
Topic:
Development, Poverty, Foreign Aid, and World Bank
Political Geography:
Pakistan, United States, and Central Asia

46. Are Funding Decisions Based on Performance?

Author:
Nandini Oomman, Steven Rosenzweig, and Michael Bernstein
Publication Date:
04-2010
Content Type:
Working Paper
Institution:
Center for Global Development
Abstract:
To what extent do the major funders of HIV/AIDS programs in developing countries use past performance to guide decisions about future funding? This question is important for those concerned with the effectiveness of the significant funding flows for the treatment, care, and prevention of HIV and AIDS: linking funding to performance can help ensure that the best programs are given continued resources (and the failing ones are not) and that program managers have the strongest incentives to perform at a high level and to improve the performance of their programs. Performance-based funding can also have unintended negative consequences. Linking funding to performance can also induce single-minded attention to specific targets to the exclusion of harder-to-measure but important outcomes and loss of integrity of information systems.
Topic:
Humanitarian Aid, Non-Governmental Organization, Foreign Aid, and World Bank
Political Geography:
United States

47. Billions More for International Institutions? The ABCs of the General Capital Increases (GCI)

Author:
Todd Moss, Sarah Jane Staats, and Julia Barmeier
Publication Date:
06-2010
Content Type:
Policy Brief
Institution:
Center for Global Development
Abstract:
The international financial institutions dramatically increased their lending in 2008–09 to help developing countries cope with the global financial crisis and support economic recovery. Today, these organizations are seeking billions of dollars in new funding. The IMF, which only a few years ago was losing clients and shedding staff, expanded by $750 billion last year. The World Bank and the four regional development banks for Africa, Asia, Europe, and Latin America are asking to increase their capital base by 30 to 200 percent. A general capital increase (GCI) for these development banks is an unusual request. A simultaneous GCI request is a once-in-a-generation occurrence.
Topic:
International Relations, International Monetary Fund, Financial Crisis, and World Bank
Political Geography:
Africa, Europe, Asia, and Latin America

48. A Pillar's Progress: How Development's History Shapes U.S. Options in the Present

Author:
David Ekbladh
Publication Date:
05-2010
Content Type:
Working Paper
Institution:
Belfer Center for Science and International Affairs, Harvard University
Abstract:
Development is back. U.S. President Barack Obama has put it high on his strategic agenda. It is at the center of the State Department's much ballyhooed “Quadrennial Diplomacy and Development Review.” These aspirations come with real backing—Obama's fiscal year 2010 budget promises to double foreign aid to nearly $50 billion. Perhaps more importantly for supporters of development, across official Washington accord is growing that development must play a greater role not just in conflict zones but in general U.S. global strategy. It is not only the typical aid constituencies calling for greater attention. Even Secretary of Defense Robert Gates has urged a continuation of the emphasis on development that characterized policies of his last boss, former President George W. Bush. Almost assuredly, a pattern of bigger budgets, needed policy focus, and reform to the disjointed aid mechanisms within the U.S. government will emerge. Complementing (although not always supporting) this U.S. activity internationally is a collection of groups ranging from nongovernmental organizations (NGO)s to the United Nations (UN) and the World Bank. Overall, the place of aid U.S. foreign policy has not been so prominent or secure since the end of the Cold War. Development is once again, as Secretary of State Hillary Clinton characterizes it, “a core pillar of American power.”
Topic:
Development, Government, Non-Governmental Organization, United Nations, Foreign Aid, and World Bank
Political Geography:
United States and Washington

49. Timber Trafficking and Laundering: An Anti- Corruption Approach

Publication Date:
07-2010
Content Type:
Working Paper
Institution:
Transparency International
Abstract:
The trade in illegal timber and timber products leads to massive economic losses and environmental damage for the countries that are exploited. The World Bank has estimated that up to US$23 billion worth of timber is illegally felled or produced from suspicious origins each year, leading to revenue losses from uncollected logging licenses or taxes.
Topic:
Corruption, Crime, Globalization, Natural Resources, and World Bank

50. China versus the Washington Consensus: The Anomaly for World Bank Advocacy Research (pdf)

Author:
Dic Lo
Publication Date:
01-2010
Content Type:
Working Paper
Institution:
School of Oriental and African Studies - University of London
Abstract:
The Chinese experience of economic transformation has presented a serious challenge to the Washington Consensus. Since the mid-1990s, institutions upholding the Washington Consensus have mostly excluded the Chinese experience – because of its conspicuous anomaly – in their attempts to interpret worldwide transition and development in line with their policy doctrines. Yet, China did in fact rigorously implement the policy doctrines in the years 1993-1997, but only to result in severe social and economic problems. Since 1998, in the face of the problems and because of increasingly social resistance to the mainstream policies, China has progressively turned to focus on “constructing a harmonious society”. This turn represents a quest for a model of social and economic development that deviates fundamentally from the Washington Consensus.
Topic:
Civil Society, Economics, World Bank, and Social Policy
Political Geography:
China and Asia