Why the World Bank needs to revise its fundraising model

Late last year, the World Bank announced it had raised a record $52 billion for 2014-2016 borrowing to the International Development Association, the bank’s fund for the world’s poorest countries.

Marking an increase of about 5 percent from the last time the IDA was topped up in 2010, the latest IDA replenishment — the bank’s 17th — was considered all the more significant against the backdrop of tough economic times.

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About the author

  • Devos manola

    Manola De Vos

    Manola De Vos is a development analyst for Devex. Based in Manila, she contributes to the Development Insider and Money Matters newsletters. Prior to joining Devex, Manola worked in conflict analysis and political affairs for the United Nations, International Crisis Group and the European Union.