who will be next World Bank President What will they do


Mallaby backs Dervis. Sebastian Mallaby, author of a widely-read recent book on the Bank, has backed Kemal Dervis for the Bank's top job. In his Washington Post column today Mallaby writes in favour of Dervis: "a World Bank vice president who went on to be Turkey's finance minister, is my favorite. Dervis is a charismatic, pro-Western Muslim economist who helped the United States by leading the reconstruction of Bosnia".

Mallaby comments that "proven public-sector leaders who understand finance and development are hard to come by" and studiously fails to lend support to any of the American candidates, many of which he savaged with his "desperation" article last week. He does hint that he would be keen on Robert Rubin, but recognises that he is clearly a non-starter for a Bush administration.

Alex Wilks ~ March 14, 2005

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