Impact of President-elect Biden on multilateral banks

The imminent departure of Donald Trump from the White House has raised the question of the role that Joe Biden will play as the leader of the single largest shareholder in the multilateral financial institutions. These include the International Monetary Fund, World Bank Group and the regional development banks. Leading analysts told me there are grounds for optimism over enhanced debt relief for the poorest countries, recapitalisation of many IFIs and further action on the climate change agenda. The article is here.