Ilan Goldfajn, the president of the Inter-American Development Bank, wants multilateral development bank reform to be tight and specific, without offering more than it can achieve.
Also in today’s edition: Big drug companies paid their executives almost as much as they shelled out in research and development, ODA isn't what it’s claimed to be, and water is still not a priority.
Multilateral lenders are going through an upheaval. What they should look like in the coming decades is being intricately designed by their executive teams, and there will undoubtedly be pain points.
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About the author
Helen Murphy
Helen is an award-winning journalist and Senior Editor at Devex, where she edits coverage on global development in the Americas. Based in Colombia, she previously covered war, politics, financial markets, and general news for Reuters, where she headed the bureau, and for Bloomberg in Colombia and Argentina, where she witnessed the financial meltdown. She started her career in London as a reporter for Euromoney Publications before moving to Hong Kong to work for a daily newspaper.
