IDB leadership vote may break Latin American tradition
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Significance Claver-Carone, a Cuban-American, could alter perceptions of the Bank’s traditional technical role in the region; his appointment is likely intended as a response to growing Chinese influence in Latin America. Impacts Washington aims to check the possibility of rising Chinese influence on the Bank’s activities, although Beijing remains a minor shareholder. Brazil’s support for Washington’s agenda risks roiling China, its main export market and investment source. The IDB will position itself as a major potential lender to Venezuela in the event of regime change there. The smaller economies of Central America and the Caribbean will remain particularly dependent on IDB lending.
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1970 ◽
Vol 25
(4)
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pp. 839-840
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2020 ◽
Vol 27
(2)
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pp. 147-161
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