Transition from IBRD-IDA Blend to IBRD-only: Issues ... - Ravi Kanbur
Transition from IBRD-IDA Blend to IBRD-only: Issues ... - Ravi Kanbur
Transition from IBRD-IDA Blend to IBRD-only: Issues ... - Ravi Kanbur
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Conclusion (2)<br />
• Viet Nam, India and others will become <strong>IBRD</strong><strong>only</strong><br />
in the blink of an eye.<br />
• What is the comparative advantage of <strong>IBRD</strong>?<br />
Hypothesis—relative <strong>to</strong> the best alternatives,<br />
its strength lies not in the “hard sec<strong>to</strong>rs” of<br />
infrastructure and finance but in the “soft<br />
sec<strong>to</strong>rs”. These are activities in lagging<br />
regions, in social and environmental sec<strong>to</strong>rs,<br />
and in public management.
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