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Growing global interconnectedness has increased prosperity for many, but it also allows global ills linked to underdevelopment to more easily transcend borders. Rich countries contend that supporting developing countries’ efforts to detect and control pandemic threats, reduce fragility, or increase climate resilience is in their own interests.
As Sarah Bermeo says in the latest CGD Podcast, rich countries’ motivations for interacting with developing countries have evolved "from a very geopolitical focus during the Cold War period to a focus that now recognizes more of the externalities associated with underdevelopment, and how those have an effect on both developing and industrialized countries alike."
On this episode of the podcast, Bermeo chats with Erin Collinson, CGD's director of policy outreach, about trends in targeted development, its pros and cons, and where the US administration might fit in.
To say that John Bolton, President Trump’s latest pick for National Security advisor is a well-known UN critic would be an understatement. But it’s well worth noting that he has opinions about the IMF and the multilateral development banks too.