Multilateral Development Banks
Building a better development finance institution: Australia’s opportunity
Last week, Roland Rajah and Jenny Gordon wrote illuminating pieces on the pros and cons of Australia setting up its own development finance institution, or DFI. The debate comes…
Six reasons to be cautious about Australia establishing a DFI
In The Interpreter this week, Roland Rajah presented five reasons for establishing a Development Finance Institution (DFI). While he makes a good case, like any major policy…
Labor should create a “Regional Carbon Bank” for ASEAN and the Pacific
Much of the discussion about climate change policy in Australia has focused on the changes needed by the new Albanese Labor government to align Australia with international goals…
Podcasts
The Director’s Chair: Bob Zoellick on the World Bank, China, and the Republican Party
In this episode of The Director’s Chair, Michael Fullilove speaks with the long-time public official, policymaker, and former President of the World Bank, Robert Zoellick
Policy Briefs
Avoiding a Pacific Lost Decade: Financing the Pacific's COVID-19 Recovery
The Pacific's post-pandemic economic revival will rely on an international
multi-year recovery package of grants and loans led by Australia
Jim Wolfensohn’s knowledge bank
Jim Wolfensohn, an Australian-turned-American who became president of the World Bank in 1995, was a mercurial character. His struggle to tackle the challenges of global…
Covid-19 and development banks in Asia
The Covid-19 pandemic means that more low- and middle-income economies are more reliant on multilateral development banks. Despite the media focus on “mask diplomacy” (or the lack…
The new development banks: Paradigm shift or poor imitation?
2014 marked the 70th anniversary of the Bretton Woods conference, and it was a turning point for the global financial architecture. In July that year, the BRICS countries – Brazil…
The future role of international financial institutions
The role of the multilateral development banks (MDBs) and other international financial institutions (IFIs) is back in the policy spotlight.
The latest attention comes via…
The Asian Development Bank's unfinished business
In his recent Interpreter post, Richard Moore provides a handy summary of the work of the Asian Development Bank (ADB) over the past 50 years. He also poses questions about the…