|You are here: HOME - Manuel the coming man?||About - Get involved - Contact us|
Manuel the coming man?
I have been told by sources in and near the Bank that Trevor Manuel is a key figure people are considering as a way of opening up the Bank president selection.
Manuel has certainly made some interesting noises about the problems with how the World Bank and IMF are run. Last year he gave a lecture (PDF) at Oxford University where he stated that “multilateral institutions are experiencing a degradation of their legitimacy because of their governance structures”.
He continued: “If the World Bank, IMF and World Trade Organisation do not represent the voices of the poor and marginalised, they are unlikely to correctly analyse the policy choices that can be used to address the concerns of the poor and marginalised”.
However over the last eighteen months Manuel has been in charge of proposing reforms to the outdated, inequitable and non-transparent governance system of the World Bank and IMF and has failed to negotiate any tangible reforms to the governance structures of the institutions.
His record as finance minister in his own country has also been controversial – with a number of civil society groups accusing him of introducing home-grown structural adjustment.
There has been no word from Trevor Manuel on the possible job change. This week he hosted Gordon Brown for the Africa Commission meeting in Cape Town. It is highly likely that they took a minute to discuss where long-standing finance ministers with an interest in international issues can go next and whether one of them should leave domestic politics in favour of the Bank position.
Alex Wilks ~ January 20, 2005
"Keep track of the rumored candidates, power plays and buzz."
Next & Previous
"Offering the rumors and gossip usually reserved for Washington's bars and back rooms."
WBpresident.org in the news
Wolfowitz-Riza-Cleveland: New Evil-doing?
"Accomplished and intelligent… sifts through the speculation and brings you the latest news."
Zoellick bearhug photo.
Search this site
|© Copyright 2004 Powered by Movable Type 2.64|