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Curated by Project Syndicate

Multilaterals on the Move

8 commentaries

The 2008 financial crisis heralded a return to prominence for the World Bank and the IMF. Project Syndicate’s contributors assess these institutions’ performance since then, and examine how they should be reformed to promote development more effectively and help advanced and emerging economies alike to avoid – or at least mitigate – future crises.

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  1. The Perils of Premature Deindustrialization

    The Perils of Premature Deindustrialization

    Oct 11, 2013 Dani Rodrik on developing economies' missing manufacturing.

  2. The Drawbacks of Forward Guidance
    pa1125c.jpg Paul Lachine

    The Drawbacks of Forward Guidance

    Oct 11, 2013 Marcel Fratzscher on the problem with central banks' communication strategies.

  3. Five Years in Limbo
    px2367.jpg

    Five Years in Limbo

    Oct 8, 2013 Joseph E. Stiglitz on the sluggish pace of post-crisis financial reform.

  4. In Defense of World Government

    In Defense of World Government

    Oct 8, 2013 Nancy Birdsall on how globally-minded citizens can strengthen global governance.

  5. Reason and the End of Poverty
    jm1251.jpg Jim Meehan

    Reason and the End of Poverty

    Oct 7, 2013 Kaushik Basu on the logical flaw that keeps people poor.

  6. The IMF’s Next Test
    pa217c.jpg Paul Lachine

    The IMF’s Next Test

    Oct 1, 2013 Gita Gopinath on why the IMF must provide forward guidance.

  1. nishtar8_AMAURY HAUCHARDAFP via Getty Images_africavaccine Amaury Hauchard/AFP via Getty Images

    Fifty Years of Immunization Success Call for 50 More

    Sania Nishtar touts the remarkable results of global collaboration on routine vaccination and foresees continued progress.
  2. GettyImages-2149550584 Photo by MARK PETERSON/POOL/AFP via Getty Images

    Trump on Trial

    From a long list of criminal indictments to unfavorable voter demographics, there is plenty standing between presumptive GOP nominee Donald Trump and a second term in the White House. But a Trump victory in the November election remains a distinct possibility – and a cause for serious economic concern.

  3. woods56_Alex WongGetty Images_georgieva Alex Wong/Getty Images

    The IMF Chose the Right Leader the Wrong Way

    Ngaire Woods thinks the Fund’s process for selecting its managing director is woefully out of step with today’s world.
  4. bildt122_Mikhail SvetlovGetty Images_trumpputin Mikhail Svetlov/Getty Images

    Trump Is Putin’s Only Hope Now

    Carl Bildt considers the implications of Ukraine finally receiving the Western military aid it has been waiting for.
  5. frankel159_Getty Images_customer service Getty Images

    How to Rebuild Trust in Public Institutions

    Eleanor Carter & Carolyn J. Heinrich highlight the value of face-to-face interactions at a time when governments are phasing out in-person services.
  6. isenberg1_TIMOTHY A. CLARYPOOLAFP via Getty Images_trumptrial Timothy A. Clary/Pool/AFP via Getty Images

    Is Trump Above the Law?

    Nancy Isenberg

    Contrary to what former US President Donald Trump would have the American public believe, no president enjoys absolute immunity from criminal prosecution. To suggest otherwise is to reject a bedrock principle of American democracy: the president is not a monarch.

    explains why the US Supreme Court must reject the former president's claim to immunity from prosecution.
  7. deryugina1_BEN BIRCHALLPOOLAFP via Getty Images_ukraineflagsoldier Ben Birchall/Pool/AFP via Getty Images

    Ukraine Is Far From Doomed

    Tatyana Deryugina & Anastassia Fedyk

    When comparing Ukraine’s situation in 2024 to Europe’s in 1941, Russia’s defeat seems entirely possible. But it will require the West, and the US in particular, to put aside domestic political squabbles and muster the political will to provide Ukraine with consistent and robust military and financial assistance.

    compare Russia's full-scale invasion to World War II and see reason to hope – as long as aid keeps flowing.
  8. glennerster2_Scott OlsonGetty Images)_vaccines Scott Olson/Getty Images)

    The Pandemic Financing Developing Countries Need

    Rachel Glennerster urges multilateral development banks to establish mechanisms that enable at-risk vaccine purchases.
  9. krueger74_AFP via Getty Images_nigercoup AFP via Getty Images

    The Geopolitics of Africa’s Debt Crisis

    Anne O. Krueger urges developed countries to back efforts by the IMF and the World Bank to promote growth-enhancing reforms.

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