Suma Chakrabarti, president of the European Bank for Reconstruction and Development, and Donald P. Kaberuka, president of the African Development Bank discuss changes in development and infrastructure banks and new approaches they are adopting in response to the shifting multilateral balance of economics and politics. They spoke at an event cohosted by the Peterson Institute for International Economics (PIIE) and the Centre for International Governance Innovation (CIGI) held October 8, 2014. Domenico Lombardi, director of CIGI’s Global Economy Program, and PIIE Senior Fellow Simon Johnson provided commentary. For more information, visit: www.piie.com/events/event_detail.cfm?EventID=353