Four pieces of advice for Ajay Banga before he takes on the role of World Bank president

News Snapshot:

Over the past two years, a drumbeat of calls for reforming the World Bank has pushed its way onto the front pages of major newspapers and the agenda of heads of state. Many low- and middle-income countries – the population the World Bank is tasked with helping – are falling deeper into debt and facing growing costs as the impacts of climate change increase in severity. A chorus of critics accuse the World Bank of failing to evolve to meet the crises. The job of leading that reform is now almost certain to fall to Ajay Banga, an Indian-American businessman...