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More than 60 years after the World Bank was founded, developing countries still turn to it for financing and expertise. But the world is changing, and so must the bank, argues its president.
Today, America's economic vitality and military strength are unparalleled. America is at the hub of a changing economic world and must ambitiously promote open competition among regions. But the last century proved that economics alone does not ensure peace, so America must have unquestioned military superiority as well. A Republican administration must undo the mistakes of the last eight years.