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Features
From World Bank to World Development CooperativeIn this CGD Essay, Birdsall and Subramianian argue that the World Bank faces twin crises of relevance and legitimacy in a rapidly changing world. The solution, they argue, is for the bank to become a more active catalyst for generating global public goods and knowledge and a more reluctant lender to governments. The World Bank should move, in effect, from being a bank to being a global development cooperative. The essay suggests specific, practical steps for such reforms. Former Child Soldiers: Pariahs or Productive Citizens? Why Our Hype Can Harm
Reflections on the Macro Foundations of the Middle Class in the Developing World
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