At the moment, the issue of US leadership at the multilateral development banks (MDBs) is focused squarely on the World Bank presidency. But there’s a lot more to it than that, and a lot more at risk for the United States in the years ahead. In a new paper for the Council on Foreign Relations, I examine the US role in the MDB system—why it matters for the United States itself, how China has emerged as a game changer, and how the United States is too often its own worst enemy when it comes to effective leadership.
CGD Policy Blogs
If one thing is for certain following the CGD event, the “Asian Development Bank at 50,” the ADB’s work is far from done, and there will be no lack of ambition on the part of the US government and the bank’s other shareholders when it comes to a forward-looking agenda.
This week, CGD took another step forward in putting the “do” in our mission of being a “think and do tank.” For a number of years, we have hosted policymakers as visiting fellows at the center, a great program that has helped to ground our work in the realities of policymaking. (Of course, as a visiting fellow alumnus, I may be a bit biased!). Now, we are turning this program on its head and sending one of our own, Casey Dunning, into the policy world under a new CGD-sponsored fellowship.