CGD president Nancy Birdsall and senior fellow Arvind Subramanian were quoted in a Wall Street Journal article on U.S. funding of the World Bank.
From the Article
An effort by House Republican lawmakers to scale back U.S. funding for the World Bank and other development banks is raising doubts about U.S. influence at the international financial institutions.
A House appropriations subcommittee last week moved to slash funding for the institutions as part of a broader Republican effort to rein in foreign aid.
[The possible cuts are drawing attention as emerging nations seek greater global economic influence. Nancy Birdsall, president of the nonprofit Center for Global Development, said the budget debate "adds to the general sense that the U.S. is in a corner like a beleaguered old man, and that we need the new energy that comes from China, India and Brazil. I don't see why the U.S. has to be in that position."]