International Financial Institutions

Washington, United States.- IMF Managing Director Kristalina Georgieva, participates in the 2020 Annual Meetings of the International Monetary Fund (IMF) in Washington DC, United States on October 9, 2020. African countries will need 1.2 trillion dollars until 2023 to repair the economic damage caused by the coronavirus pandemic, Georgieva said this Friday (9), while the commitments of official lenders and international institutions cover less than a quarter of the projected need.

Future Development

Why the IMF needs to build on its COVID-19 record, not backtrack

Kevin P. Gallagher

Tuesday, October 13, 2020

Future Development

The world needs better convening that fosters collective action

Rasmus Heltberg and Anna Aghumian

Monday, October 5, 2020

Aerial view of Qingdao Aera of Shandong Free Trade Zone in Qingdao city, east China's Shandong province, 20 September 2020.No Use China. No Use France.

Order from Chaos

Seven years into China’s Belt and Road

David Dollar

Thursday, October 1, 2020

Image: U.S. Treasury Financial Crimes Enforcement Network website

Podcast Episode

What do leaked financial documents reveal about dirty money in banking?

Matthew Collin and Adrianna Pita

Thursday, September 24, 2020

Reports

Report

Sustainable development finance proposals for the global COVID-19 response

Homi Kharas and Meagan Dooley

Friday, August 14, 2020

Report

The new global agenda: Scale, urgency, and the future of the multilateral development bank system

Nicholas Stern and Amar Bhattacharya

Monday, July 1, 2019

International Financial Institutions

Is China’s new payment system the future?

Aaron Klein

Sunday, June 16, 2019

Aides gesture as U.S. Trade Representative Robert Lighthizer, Chinese Vice Premier and lead trade negotiator Liu He, and U.S. Treasury Secretary Steven Mnuchin line up for a photo before the opening session of trade negotiations at the Diaoyutai State Guesthouse in Beijing, Thursday, Feb. 14, 2019. Mark Schiefelbein/Pool via REUTERS - RC1BB7FBA400

Report

The US-China economic relationship: A comprehensive approach

Joshua P. Meltzer and Neena Shenai

Thursday, February 28, 2019

A statue of George Washington stands across from the New York Stock Exchange in Manhattan, New York City, U.S., December 21, 2016. REUTERS/Andrew Kelly - RTX2W2NM

Report

Bank capital requirements contribute to growth and stability

Nellie Liang

Monday, July 24, 2017

Blog Posts

Smoke stacks of an oil refinery in Corpus Christi, Texas

Future Development

Doing Business rankings that endanger good regulations

Vinod Thomas

Monday, September 21, 2020

SOUTH AFRICA - Durban - 08 July 2020 - Grade 11 pupils from J.G Zuma High School in Kwamashu, Durban queue early in the morning joining other pupils over 2 million from grade R, 6 and 11 pupils as they return to the classrooms after almost four months at home.Picture: Motshwari Mofokeng/African News Agency/RealTime Images/ABACAPRESS.COMNo Use South Africa out.

Future Development

Financing a comprehensive and equitable COVID-19 response

Mahmoud Mohieldin and Michael Kelleher

Friday, September 18, 2020

--FILE--View of a signboard of ICBC (Industrial and Commercial Bank of China) in Xuchang city, central China's Henan province, 22 May 2016.The Industrial and Commercial Bank of China (ICBC), the world's biggest in terms of capital and deposit, on Thursday voiced its readiness to continue its "all-round" financial services for "Belt and Road" projects. "ICBC is keen and active in promoting the Belt and Road Initiative," said Gu Shu, ICBC's senior executive vice president. The initiative, which comprises the Silk Road Economic Belt and the 21st Century Maritime Silk Road, is aiming at building a trade and infrastructure network connecting Asia with Europe and Africa along the ancient Silk Road routes. "ICBC has 123 branches in 18 countries along the Belt and Road, making it the Chinese financial institution that covers the most countries along the route," Gu said. "ICBC has been actively providing all-round and integrated financial services for 'Belt and Road' projects," he added. "So far, ICBC has operated 208 projects along the route, with a combined investment of 220.8 billion U.S. dollars." Gu was in Istanbul for the first anniversary of the inauguration of ICBC Turkey, which was established after ICBC purchased a majority of shares of Turkey's Tekstilbank in May last year.No Use China. No Use France.

Order from Chaos

How US-China tensions could hamper development efforts

Bruce Jones

Thursday, September 17, 2020

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