Long Story Short

The World Bank is about 18 months into its efforts to reform the institution in response to shareholder demands and changing global needs. From stretching its existing funding to attracting more private capital, the bank has laid a laundry list of proposals on the table. So what has been accomplished thus far and what more is needed? That’s what we tackle in the first episode of a special edition podcast during this year’s World Bank and International Monetary Fund Spring Meetings, which take place in Washington D.C. this week. The bank has a new capital adequacy framework to get more out of its own money, a new mission statement making climate change part of its core ambition, and of course a new leader in Ajay Banga. Listen in to hear Devex Senior Reporter Adva Saldinger in conversation with Clemence Landers, a senior policy fellow at the Center for Global Development, Kevin Gallagher, director of the Global Development Policy Center at Boston University, Stephanie von Friedeburg, managing director of ban