CGD in the News

Jim Kim's resignation sparks questions about the next World Bank president (Devex)

January 08, 2019

From the article:

“It certainly is the case that the state of the relationships this White House has with the world for the most part are not strong, so that’s going to have countries more skeptical than they would be in other times probably,” said Scott Morris, a senior fellow and director of the U.S. Development Policy Initiative at the Center for Global Development. He added there may be concerns that the policy positions of the Trump administration will be reflected in the candidate.

Morris pointed to climate finance, where the bank has been active, and said it was plausible that the Trump administration would put forward a candidate that wouldn’t embrace that agenda and would pull the bank back, which would be a hard sell for some countries.