The CSIS Project on Prosperity and Development is pleased to convene this discussion with Assistant Secretary for International Trade and Development Alexia Latortue.
The developing world is facing many challenges, including war and conflicts, a climate crisis, and a debt tsunami unseen in this century. Multilateral Development Banks (MDBs) play an important role in many of these issues by providing financing, technical assistance, and knowledge to impact human outcomes, deter conflict, and promote peace and security across borders. The United States – the main founder and funder of these institutions – has been at the helm of the multilateral development system since its inception nearly eight decades ago.
The conversation will address how the U.S. can retain its leadership and help solve some of these challenges (such as high indebtedness, the digital divide, and gender disparities) and advocate for universal liberal values in these institutions. The discussion will also address how the United States can advance digital transformation and financial inclusion in the MDB system to expand economic growth and women’s economic empowerment in developing countries.
This event is made possible through the generous support of the Bill & Melinda Gates Foundation.
