The World Bank
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Exit from comment view mode. Click to hide this space Comments View/Create comment on this paragraph NEW YORK – Last month, I called for the World Bank to be led by a global development leader rather than a banker or political insider. “The Bank needs an accomplished professional who is ready to tackle the great challenges of sustainable development from day one,” I wrote . Now that US President Barack Obama has nominated Jim Kim for the post, the world will get just that: a superb development leader. Comments View/Create comment on this paragraph Obama has shown real leadership with this appointment.
Exit from comment view mode. Click to hide this space Comments View/Create comment on this paragraph NEW YORK – The selection of a successor to Robert Zoellick as President of the World Bank was supposed to initiate a new era of open meritocratic competition, breaking the traditional hold that the United States has had on the job.
Outsiders must be a little mystified as to why the Obama administration’s nomination of Jim Young Kim to lead the World Bank has kicked up so much dust in the development community.
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Exit from comment view mode. Click to hide this space Comments View/Create comment on this paragraph MADRID – With three nominees now in the running to become the World Bank’s next president – Nigerian Finance Minister Ngozi Okonjo-Iweala, former Colombian Finance Minister José Antonio Ocampo, and the United States’ nominee, Dartmouth College President Jim Yong Kim – this is the moment to step back and assess the Bank’s trajectory.
Exit from comment view mode. Click to hide this space Comments View/Create comment on this paragraph NEW YORK – US President Barack Obama’s nomination of Jim Yong Kim for the presidency of the World Bank has been well received – and rightly so, especially given some of the other names that were bandied about. In Kim, a public-health professor who is now President of Dartmouth College and previously led the World Health Organization’s HIV/AIDS department, the United States has put forward a good candidate. But the candidate’s nationality, and the nominating country – whether small and poor or large and rich – should play no role in determining who gets the job.
Exit from comment view mode. Click to hide this space Comments View/Create comment on this paragraph WASHINGTON, DC – Robert Zoellick will depart in June as President of the World Bank, once again raising the thorny issue of leadership of the Bretton Woods twins (the Bank and the International Monetary Fund). At their birth, John Maynard Keynes memorably warned that if these institutions did not get good leaders they would “fall into an eternal slumber, never to waken or be heard of again in the courts and markets of Mankind.”
Jim Yong Kim, selected as the World Bank's new leader on Monday, has his work cut out for him. Sure, the bank has helped halve the poverty in the developing world over the past two decades -- part of the first Millennium Development Goals -- but progress in South Asia has dwarfed that in Africa, and 1 billion people will still live below the poverty line by 2015. And there's more bad news for Kim: The World Bank's narrow economic approach to poverty eradication simply will not work today, because the root causes of certain types of poverty are as structural as they are economic. This means the global health expert and former Dartmouth College president will have to think about international development in innovative, outside-the-box ways. Here are five ideas that Kim could implement to make the bank more effective in its mission to " help reduce poverty :"
Exit from comment view mode. Click to hide this space Comments View/Create comment on this paragraph NEW YORK – The selection of the American nominee Jim Yong Kim as President of the World Bank, over Nigeria’s finance minister, Ngozi Okonjo-Iweala, who was overwhelmingly regarded as a vastly superior candidate, is impossible to condone but easy to explain. It also points to serious dangers for the unfinished task of development. Comments View/Create comment on this paragraph The selection process suffered from several inequities and non-transparent features that undermined the United States’ claim to the contrary.
Energy & Sustainability :: Climatewire :: April 9, 2012 :: :: Email :: Print Many nations are part of an effort to account for the economic goods provided for free by nature--but not the U.S. By ClimateWire and Lisa Friedman