Is America’s Hold on the World Bank at an End? (Devex)

From article: 

The rise of the New Development Bank and the China-led AIIB is beginning to make clear for both the Europeans and the Americans that they have to do more to ensure that the emerging economies are their allies as well, Scott Morris, senior associate at the Center for Global Development, told Devex.

And that could mean the beginning of the end of the long-standing status quo.

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