Center for Global Development’s “U.S. Development Policy”: Trump’s Treasury Delivers at the World Bank: More Capital for Climate, Solid Policy Framework
Scott Morris, senior fellow and director of the U.S. Development Policy Initiative at CGD, discusses the U.S. endorsement of the World Bank’s new capital increase package, which according to a World Bank press release, includes “a $13 billion paid-in capital increase, a series of internal reforms, and a set of policy measures that greatly strengthen the global poverty fighting institution’s ability to scale up resources and deliver on its mission in areas of the world that need the most assistance.” In this post, Morris highlights five key aspects of the package (4/20).