CGD in the News

China Boosts World Bank Aid for Poorest in Bid for More Clout (Bloomberg)

April 03, 2014

From the article:

“While they’re certainly not contributing on the scale of the large IDA donors, it’s nonetheless a large increase for them,” said Scott Morris, a former deputy assistant secretary for development finance and debt at the U.S. Treasury Department.

The commitments “demonstrate a desire to be viewed not just as a major borrower of the World Bank but as a major shareholder in the institution,” said Morris, now a visiting policy fellow at the Center for Global Development, an aid research group in Washington.

Read the article here