Can Latin America’s Development Banks Be Fixed?
Can Latin America’s Development Banks Be Fixed?
Corruption, scandal, misuse of funds: these banks have earned their bad reputation. Here’s an argument for keeping them around.
Scandals and corruption investigations unfolding in Latin America have given development banks a terrible reputation: They stand accused of feeding crony capitalism, transferring resources from taxpayers to undeserving billionaires, and making lending decisions that...
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