March 1, 2001
After years of what is widely viewed as benign neglect from official Washington, the Inter-American Development Bank - the major source of official lending to Latin America and the Caribbean - is likely to find itself the target of increased scrutiny from the administration of President George W. Bush.
Treasury Secretary Paul O'Neill is a hard-nosed former corporate executive with conservative views on foreign aid. The Treasury is the IDB's largest shareholder and will appoint the bank's influential US executive director.
"This administration is going to look very hard at a number of things," says Antonio Villamil, CEO of the Washington Economics Group, an econo
Enrique Iglesias has made a name as a conciliator with 13 years in Washington as head of the Inter-American
Development Bank. He will need all his skill as a negotiator in dealing with a new US administration.