CGD's Scott Morris and Charles Kenny argue the core flaw in the US response to China’s Belt and Road Initiative: the US should recommit to international institutions like the World Bank instead of attempting to provide a direct alternative to BRI.
The Center for Global Development’s Scott Morris and Charles Kenny described a few weeks ago just how little foreign aid funding ever leaves what they called the “Washington bubble.”
It was, many experts thought, a noble and necessary effort. The goal: to combat a deadly coronavirus that in early 2020 was already spreading around the world.