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What Does World Bank Success Look Like?

On the face of it, the case for a general capital increase for the World Bank should be obvious and urgent in our age of the polycrisis. It is a very efficient way to support an increase in development and climate lending by an order of magnitude. A $20 billion paid-in capital increase would support $200 billion of cumulative lending over 10 years, taking into account the leveraging of the new capital, the timing of loan repayments, and the resulting increases in net income that could add more to capital. ....

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