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An American Has Always Lead the World Bank…Until Now?

President Trump is reportedly picking David Malpass, an official at the Treasury Department, as the US nominee to serve as president of the World Bank. Under normal circumstances, this would mean that David Malpass will become the next president of...

The Asian Infrastructure Investment Bank Means Business

The advent of the Asian Infrastructure Investment Bank, sometimes called a Chinese-led rival to the World Bank, is one of the most genuinely interesting developments in global affairs. Thought not yet operational, it is being formed despite the strong opposition...

“Jobs are Transformational” Says Big New World Bank Report

A new World Bank report on jobs says that jobs are crucial for development and for lifting people out of poverty. The latter might seem obvious (Of course a job would help someone escape poverty!), but the reality is much more complicated than that.

The Most Interesting World Bank Race…Ever

Today marks the beginning of the three-day interview process that will determine the next president of the World Bank. This is the first time that there is more than one serious candidate for World Bank president, and the first time that non-Americans are being considered for the position.