International Institutions

CGD research explores how international financial institutions such as the International Monetary Fund, World Bank, multilateral development banks, and other international development agencies can become more responsive to the needs of developing countries. The Center’s work concerns itself with the future of these institutions, all of which are facing shifts in demand for their traditional services, the emergence of new institutions, and reform of their leadership selection processes.


The CGD-convened high level panel on the future of multilateral development banking, with distinguished member from academia and the public and private sectors, aims to provide guidance to the policy community at a time of considerable change for the MDBs.

The Sustainable Development Goals, adopted by the UN in September 2015, define the development agenda for the next 15 years. CGD contributed to the debate about the post-2015 development agenda and continue analyzing how best to reach the global goals and measure progress.

The Center’s work on the World Bank offers new ideas and practical suggestions for making the World Bank more effective, accountable, and legitimate in a rapidly changing global economy.

CGD’s work on the International Monetary Fund investigates the effects of its policies on developing countries. Recent work centers on leadership succession and other issues of reform in the context of changing demand as more and more countries have access to capital markets.

By supporting the most cost-effective interventions, global health funders could save more lives without spending more money. CGD’s Value for Money initiative seeks to help strengthen institutions responsible for decisions about allocation of limited funds.