Transition from IBRD-IDA Blend to IBRD-only: Issues ... - Ravi Kanbur

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IDA Graduation Policy: What is the Most Likely Outcome? • Change unlikely in the very near future because of counter arguments, vested interests, and disparate interests of forthcoming graduands. • However, As the big countries graduate and reflows grow, and concessional aid is left with an ever smaller group of countries to engage with while poverty problems persist in MICs and need attention, global and regional concern may bring about a profound reflection on the rules and policies according to which it operates. • A number of us are pushing for such a major rethink, and we may succeed eventually. In the mean time….
WB and MICs (1) • I want to start from the fact that IBRD resources are limited for a country. • Gross flows are small. Financial flows small and getting smaller (1.2% of national investment in 1995; 0.6% in 2006—obviously different during the recent crisis, of course). • Net flows are smaller still. Interesting case of India with Single Borrower Limit. • Given this, countries, and IBRD shareholders globally, need to ask—what is the comparative advantage of the Bank relative to other sources of finance and technical assistance (private sector, other international agencies, government itself)?
Page 1 and 2: Transitioning from IDA-IBRD Blend t
Page 3 and 4: Introduction • Countries like Vie
Page 5 and 6: IDA in 2025: Who’s Left and What
Page 7 and 8: Arguments for Changing the Rules: P
Page 9 and 10: Arguments for Changing the Rules: S
Page 11 and 12: Arguments for Changing the Rules: S
Page 13: Arguments for Changing the Rules: S
Page 17 and 18: WB and MICs (3) • Not even simply
Page 19 and 20: WB and MICs (5) Bank’s Overall Ef
Page 21 and 22: WB and MICs (7) Bank vs Official an
Page 23 and 24: WB and MICs (10) Bank vs Others for
Page 25 and 26: WB and MICs (12) • Mexico (CPS FY
Page 27 and 28: WB and MICs (14) • Other China fe
Page 29 and 30: WB and India (1) • Three key issu
Page 31 and 32: WB and India (3) • Is the WB’s
Page 33 and 34: WB and India (5) • Is the WB best
Page 35 and 36: Conclusion (1) • The Geography of
Page 37: Thank You!

Transition from IBRD-IDA Blend to IBRD-only: Issues ... - Ravi Kanbur

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