From the article:
Despite its recent fundraising prowess, the World Bank could potentially be a victim of its own success. This is according to Scott Morris, senior associate at the Center for Global Development, who sat down with Devex reporter Paul Stephens to discuss his most recent paper.
By placing the IDA at the centerpiece of its fundraising model, Morris noted that the World Bank has left other important lending arms such as the International Bank for Reconstruction and Development, the International Finance Corp. and the Multilateral Investment Guarantee Agency without any fundraising strategy or continuity.
But as more and more developing countries graduate from IDA, solicitation of financial services from the IBRD and IFC is likely to increase over time — an obvious cause for concern if the bank sticks to the status quo, according to Morris.
Read the article here
