Crosspost: How Weak Multilateral Lending Standards Enable and Strengthen Kleptocracy (orig. NED’s Democracy’s Power 3.0 blog)

We don’t usually crosspost but this recent piece by my colleague Elsa Peraldi, published last week on the National Endowment for Democracy’s Power 3.0 blog, warrants an exception: In her post about IMF emergency lending to Equatorial Guinea, Elsa highlights a key tension—a recurring systemic failure—of how our multilateral development system and the financial flows…