Ideas to Action:

Independent research for global prosperity

CGD in the News

Trump’s World Bank Nominee Tries to Distance Himself From the President (The New York Times)

March 13, 2019

From the article:

WASHINGTON — When President Trump selected David Malpass to lead the World Bank last month, he showered his nominee with gratitude for years of loyal support, praised his intelligence and made one thing abundantly clear: The World Bank under his watch must put America first.

“My administration has made it a top priority to ensure that U.S. taxpayers’ dollars are spent effectively and wisely, serve American interests and defend American values,” Mr. Trump said. He noted, not for the first time, that the United States was the bank’s biggest donor and said that Mr. Malpass “has been a strong advocate for accountability at the World Bank.”

But as Mr. Malpass, 63, canvasses the world to seek support for his candidacy, he is trying to distance himself from his boss. In meetings with dozens of world leaders in both established and developing economies, Mr. Malpass has struck a conciliatory tone and tried to assure other nations that he will not simply serve as a proxy for the United States president.

--

Mr. Trump himself has called global warming a “hoax” and promotes climate change deniers on Twitter. He has also vowed to pull the United States out of the Paris Agreement and said that the pact among nearly 200 nations to voluntarily curb greenhouse gases “hamstrings the United States.” Those positions have made other global leaders apprehensive about whether Mr. Malpass can effectively take the reins on what has become a core issue for the bank.

“As he has made the rounds, this is the key area where he would have to provide reassurances,” Scott Morris, a senior fellow at the Center for Global Development, said of preserving the bank’s climate agenda. “That said, it’s still hard to imagine him going off to the climate summits and being a cheerleader.”

Related Experts

Photo of Scott Morris
Senior Fellow, Director of the US Development Policy Initiative