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The US relies on multilateral institutions like the World Bank to support its foreign policy goals, but the need to compromise with other shareholders can undermine success.

Project 2025, the Heritage Foundation’s policy blueprint, was released in late 2023 but has recently received heightened attention. I perused the document for content on development policy, looking at the section on the US Treasury and on USAID.

IDA21 risks setting a very unfortunate precedent by sharply reducing the scale and scope of its policy commitments on gender. Shareholders need to seize the moment to ensure that this does not happen.

No decision by aid donors this year is more important than how much they pledge to the IDA replenishment negotiations. IDA, the World Bank’s lending window for the poorest countries, is the single largest multilateral source of grants and concessional finance to poor countries for both development a...

While there was no great fanfare coming out of the IMF/World Bank Spring Meetings, a closer look at the official statements reveals simmering tensions between major constituencies over the execution of the World Bank’s new “Livable Planet” agenda. These tensions were fueled by debates over the alloc...

The controversy around the IFC’s investment in Bridge Academies, a for-profit education provider in Africa and India, is not going away. Indeed, World Bank President Ajay Banga has committed to an external investigation of the entire fiasco. The Bridge investigation highlighted two significant accou...