Since I came to the World Bank in 2007, I have argued that we must 'modernize multilateralism.'
Rwanda is a landlocked country, but it hasn't stopped developing. They built a high-end tourism industry around the mountain gorillas.
One of the challenges for sub-Saharan Africa is that markets are of modest size. This makes regional integration important.
When I work with countries struggling to pay for budgets or finance trade deficits, I reflect on how Americans do not spend a moment considering the unique advantages of being able to issue bonds and print money freely.
