What makes the World Bank so influential—its money or its ideas?

We are living in an era of resurgent nationalism and rising skepticism about the value of multilateral institutions. Prior to his appointment as the president of the World Bank, David Malpass told the U.S. Congress that the principal beneficiaries of the World Bank were “the people who fly in on a first-class ticket to give … Continue reading What makes the World Bank so influential—its money or its ideas?