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World Bank Caucus Launched on the Hill

The U.S. Congress launched a new bipartisan Caucus for Congressional-World Bank Dialogue at a packed event on Capitol Hill July 16. The caucus, co-chaired by Kevin Brady (R-TX) and Betty McCollum (D-MN), provides a forum for members of Congress to engage the World Bank, parliamentarians and policy experts on poverty reduction, global development and trade.

Four Questions for Bob Zoellick

Robert ZoellickPresident Bush's nomination of Robert Zoellick to be the next president of the World Bank has been mostly well-received in U.S. policy circles and by some leading rich and developing countries.

María and José Know How to Spend Their Remittances

Nearly every time there is a news story about the billions of dollars flowing to poor countries as remittances, someone worries that not “enough” of that money is being saved and invested. A case in point is today’s piece in the Washington Post. Latin American workers in the US will send home $45 billion this year, but “only a small portion … has gone to economic development.”