Private money is beginning to flow into development finance through a variety of risk sharing structures. But it is nearly always for loans to the private sector. MDB expert Chris Humphrey argues evelopment banks wanting extra heft for sovereign lending will need to overcome — or sidestep — the issue of preferred creditor status
By overthrowing decades of orthodoxy on international trade policy, the Trump administration and its sweeping tariffs have put the International Monetary Fund in a quandary. Can it defend the free trade it believes in, or must it adapt to a new paradigm?
