Our Work
The Institute for Economic Development is where research meets action. Launched in 2024 by World Bank Group President Ajay Banga, the Institute for Economic Development is a new initiative for global collaboration in tackling key challenges. We bring together think tanks, experts, researchers, and academics to exchange ideas, learn from one another, and access curated insights from the latest development research.
Development research can generate real change when ideas are disseminated widely, refined, and tailored to local contexts. That’s where we come in, bridging knowledge and real-world impact. We are led by the World Bank Chief Economist and powered by the Development Economics Vice Presidency, the World Bank Group's arm for data and knowledge generation. We complement the efforts of the World Bank Group Academy with the latest on development data, measurement, and analytics.
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Mission
Ideas for Impact
We partner to unlock new solutions to development challenges, leveraging the world’s best ideas and making them accessible.
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Customized insights from the latest research
Explore high-profile reports, data, and development research tailored to specific country and regional needs, using our AI-powered tools. Start exploring >
With think tanks, researchers, and academia
Join a global network of development practitioners to help close knowledge gaps and address pressing challenges. Engage with us >
Knowledge, ideas, and capacity
Participate in our interactive learning events to share expertise, discover best practices, and forge new connections. Browse our learning events >
Governance
An Advisory Group is being established to guide the Institute.
It will be chaired by the World Bank Group’s Chief Economist and Senior Vice President for Development Economics, and will include World Bank regional Chief Economists, Directors from the Development Economics Vice Presidency, senior management from key partner institutions, and prominent external academics and experts in priority thematic areas.
The Advisory Group will provide strategic guidance to the Institute, endorsing thematic priorities and advising on program content and implementation. It will also support outreach and make key decisions related to the composition of the Institute's network of partners. The Institute office will serve as Secretariat to the Advisory Group.