In this brief published by the Center for Global Development, the authors discuss the calls for setting a reform agenda for the World Bank aimed at “enabling the institution to respond to today’s global development challenges.”
“The reform agenda is being negotiated by representatives of World Bank shareholders and the institution’s management, which put forward an evolution roadmap laying out key issues for discussion. Among these issues is whether the World Bank should take on a bigger and stronger role in addressing major global challenges. The United States has been a leading voice in the push for World Bank evolution […]. However, some shareholders have voiced concerns that the evolution agenda could detract from the bank’s core development mission or create financing trade-offs in the absence of significant new resources.”
Read/download the full document here.
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