From the article:
While Canada and the U.S. account for about one-fifth of votes at the 188-member institution, their opposition would be enough to delay loans, said Scott Morris, a former deputy assistant secretary for development finance and debt at the Treasury in Washington. If European Union countries follow the U.S., the bank’s largest shareholder, projects could end up not being presented to the board, he said.
“If they informally took a poll of their shareholders and understood that the balance weighed toward opposition, it’s very unlikely the bank management would proceed to bring something to the board and watch it be rejected,” Morris said. “This is a very difficult thing for the president of the World Bank to navigate.”
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While the economic impact of scrapped development projects on Russia would be minor, the opposition to World Bank support could prove painful if Russia needed a rapid disbursement from the bank, said Morris, a senior associate at the Center for Global Development, an aid research group in Washington.
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