Scott Morris testified before the Senate Foreign Relations Subcommittee on Multilateral International Development, Multilateral Institutions, and International Economic, Energy, and Environmental Policy at a hearing titled “Multilateral Economic Institutions and US Foreign Policy” on November 27, 2018.
In the Face of China’s Ambition, US Policy Must Be Defined by a Positive Agenda in the Developing World
In his appearance before the committee, Morris outlined findings from a newly-published CGD analysis exploring the debt implications of China’s Belt & Road Initiative—and offered his views on what it should mean for US global engagement.
Scott Morris testified before the House Financial Services Subcommittee on Monetary Policy and Trade at a hearing titled, “Examining Results and Accountability at the World Bank” on March 22, 2017. Morris’s testimony offered recommendations for Congress in effective oversight and influence at the World Bank, as well as discussing what US contributions to the institution deliver for US taxpayers.
From the testimony: “And while the United States was roundly criticized for its handling of this episode, I think much of that criticism was misguided in putting the focus on the short term bungling of diplomatic outreach, or Congress’s failure to pass IMF reform. Both are relevant, and I very much believe that action on the IMF quota package is critical in its own right, but the challenges to US leadership in the MDBs – institutions like the World Bank and Asian Development Bank where the US is the largest shareholder – run deeper and are longer term in nature.”