Latin America’s Other Election: The Next IDB President

By Mark Lopes

The Inter-American Development Bank plays a vital role in the region. The process for picking its president should be more transparent.

The Inter-American Development Bank’s (IDB) board of governors will pick the organization’s next president in 2020. Traditionally, the selection of the president has been decided outside the public’s view by a few large stakeholders. But given the IDB’s importance both for the U.S. and for member countries in Latin America – and particularly after a tumultuous year in the region – the governors should instead debate a broad slate of candidates early and out loud.

The IDB was conceived as part of the greater United Nations system, but is a stand-alone bank and serves only the...

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