Why the World Bank Can Now Afford to Say No to the United States
The 18th "replenishment" of the World Bank's International Development Association (IDA) opened the door to a major source of non-donor financing in the years ahead, which will mean—to put it bluntly—that the World Bank can now literally afford to say no to the United States and other major donors like the United Kingdom and Japan on a range of policy matters.
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