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Masood Ahmed is president of the Center for Global Development. He joined the Center in January 2017, capping a 35-year career driving economic development policy initiatives relating to debt, aid effectiveness, trade, and global economic prospects at major international institutions including the IMF, World Bank, and DFID.
Ahmed joined CGD from the IMF, where he served for eight years as director, Middle East and Central Asia Department, earning praise from Managing Director Christine Lagarde as a "visionary leader." In that role, he oversaw the Fund's operations in 32 countries, and managed relationships with key national and regional policy makers and stakeholders. In previous years, he also served as the IMF's director of External Relations, and deputy director of the Policy Development and Review Department.
From 2003-2006, Ahmed served as director general, Policy and International at the UK government's Department for International Development (DFID). In that role, he was responsible for advising UK ministers on development issues and overseeing the UK's relationship with international development institutions such as the World Bank.
Ahmed also worked at the World Bank from 1979-2000 in various managerial and economist positions, rising to become Vice President, Poverty Reduction and Economic Management. In that role he led the HIPC (heavily indebted poor countries) debt relief initiative, which has to-date brought relief from debt burdens to 36 of the world's poorest nations.
Born and raised in Pakistan, Ahmed moved to London in 1971 to study at the LSE where he obtained a BSc Honors as well as an MSc Econ with distinction. He is a UK national.
Ahmed is a leading expert on Middle East economics, having served on the Advisory Board of the LSE Middle East Center, as well as on the World Economic Forum's Global Agenda Council on the Middle East and North Africa. He has also participated in CGD's Advisory Board.
He took over as CGD president from Nancy Birdsall, who served as the Center's founding president for its first 15 years from 2001 and will stay at the Center as a senior fellow.
Corruption can siphon desperately needed resources away from development, but as some anti-corruption advocates have found, taking on vested interests can come at a great personal risk to their livelihoods—or even their lives. Ngozi Okonjo-Iweala’s new book, Fighting Corruption Is Dangerous: The Story Behind the Headlines, draws on her years as Nigeria’s Finance Minister to provide practical lessons on the difficult, sometimes-dangerous, always-necessary work of fighting graft and corruption.
Given the changing global landscape, development finance – rather than aid – is poised to be the future of development. The spotlight is increasingly on Development Finance Institutions (DFIs) to be catalysts in mobilizing needed financing. At a time when their record on development finance mobilization and development impact is still debated, they are nevertheless being asked to play a critical role in helping to fill huge financing gaps associated with meeting the SDGs. Several countries have established new DFIs and others are considering expanding DFI operations.
On International Women’s Day it is right to celebrate the huge advances in women’s rights during our own lifetimes. In almost every country in the world, women are closer to achieving equality in economic and social activity. However, even as we celebrate progress, we cannot lose sight of the road still to travel.
An increasingly common justification for European development assistance to Africa is the notion that it will reduce migration from the South. While this sounds intuitive and makes for an appealing argument, the research shows that it is highly unlikely. As communities become less poor, more people gain the abilities and wherewithal to undertake an expensive journey to a better life elsewhere. Development often increases migration—at least initially.
Like the mythical Roman god Janus, there are two faces to most of the economies of the MENA region. We can call them the young and the old. And that the choice for MENA governments to make is not which face of Janus to support, but rather how to ensure that both can co-exist and prosper.
World Bank Group President Dr. Jim Yong Kim will join CGD President Masood Ahmed to discuss the future of multilateralism, the Bank’s efforts to maximize resources for development, and the critical importance of investing in people to meet tomorrow’s challenges.
Here at CGD, we’re always working on new ideas to stay on top of the rapidly changing global development landscape. Whether it’s examining new technologies with the potential to alleviate poverty, presenting innovative ways to finance global health, assessing changing leadership at international institutions, or working to maximize results in resource-constrained environments, CGD’s experts are at the forefront of practical policy solutions to reduce global poverty and inequality. Get an in-depth look below at their thoughts on the 2018 global development landscape.
Why aren't tobacco taxes being addressed more forcefully and in more countries? Evidence suggests that tobacco taxes can be extremely effective—the cost is very low relative to the revenues and fully justified by the health gains.
When the world’s finance ministers and central bank governors assemble in Washington later this month. they would do well to focus on another looming debt crisis that could hit some of the poorest countries in the world, many of whom are also struggling with problems of conflict and fragility and none of which has the institutional capacity to cope with a major debt crisis without lasting damage to their already-challenged development prospects.
On the day the Trump Administration proposed considerable cuts to the US international affairs budget, including US funding for the UN, CGD hosted the outgoing head of the UN’s largest agency, UNDP Administrator Helen Clark. As she prepares to step down after eight years in the post, she will leave behind a UN system facing serious questions about its future capabilities and financing. That idea, in fact, informed the title of our event Facing Future Challenges on Uncertain Ground, the video of which you can watch here.
I am thrilled to start work today as part of the CGD team. I look forward to leading this remarkable institution in the years to come and to forging ever stronger partnerships with all of you—the larger community of CGD experts, alumni, board members, donors, partner institutions, and friends and well-wishers alike.