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CGD in the News

A World Bank shakeup could drive Trudeau even further from Trump (Financial Post)

January 11, 2019

From the article:

But that was then. With Donald Trump in the Oval Office, a more aggressive movement to overturn five decades of U.S. domination is underway. “The U.S shouldn’t get to pick the head of the World Bank. And not just because Trump is president,” said a Slate commentary by Charles Kenny, senior fellow at the Center for Global Development. Media reports warn that Kim’s departure, three years before the end of his term, “tees up a battle between the Trump administration… and critics seeking to break the U.S. stranglehold” on the bank’s presidency.

Maybe the critics of U.S. domination should be granted their wish. Ending U.S. domination of the bank’s hierarchy could be exactly the kind of reform it needs.

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Director of Technology and Development and Senior Fellow