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Significance
The comments come as the World Bank is pressing donors to provide at least 65 billion dollars for the International Development Association (IDA), the Bank's financing arm for low-income countries (LICs), in 2018-21.
Impacts
Transport, energy and water investments are likely to gain increased World Bank funding under the IDA-plus model.
IDA will deepen its role as a lynchpin of international response to fragile state situations that threaten global spillover effects.
The World Bank may evolve a new division of labour with the AIIB and other new institutions.
Keywords:
International,
INT,
Africa,
Asia,
China,
G20,
IMF-World Bank,
Jordan,
Lebanon,
Myanmar,
Syria,
United Nations,
economy,
social,
aid,
capital flows,
climate,
emergency,
employment,
finance,
foreign investment,
foreign policy,
poverty,
private sector,
summit,
talks,
gender,
government,
growth,
human rights,
infrastructure,
investment,
labour,
policy,
pollution,
public sector,
refugees
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2016
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