US vote will be key in electing new IDB president

Significance

There are five candidates, most of whom have strong technical credentials with experience in both international financial institutions and domestic politics. The United States will exercise a key influence over who succeeds Claver-Carone, who was a US nominee when controversially elected in 2020.

Impacts

• A delay in the election at the behest of the transition team in Brazil is now most unlikely.
• A Latin American rather than Caribbean candidate seems likely to be elected.
• Brazil’s nominee, Ilan Goldfajn, stands out as the most conservative candidate.
• None of the candidates is likely to adopt positions markedly at odds with the IDB’s recent trajectory.