who will be next World Bank President What will they do
 
 

     
 

Professor Robert Wade calls for cool heads. In a letter to the editor of the FT, Professor Robert Wade of the Development Studies Institute at the London School of Economics and long-time analyst of the Bank, calls for cooler heads to prevail.

"On Mr Wolfowitz's future, those who wish to strengthen economic multilateralism should stop pressing for his resignation. With him in place, weakened, they would have time to secure interstate agreement that the next president should be recruited worldwide, and secure alternative funding arrangements for soft loans so that the US government no longer holds the organisation hostage to the threat of cutting contributions if it loses its monopoly."

Wade is right that if Wolfowitz leaves without agreement on fixing the process whereby his successor would be chosen, an opportunity will have been lost. However, if he stays in place, there are no guarantees that this will ensure that the process gets fixed - as in the case where the Americans vetoed the nomination of Caio Koch-Weiser to head the IMF in 2000 - it is amazing how quickly after a crisis the powers can return to the status quo. Let's keep the pressure on - end the fix!

Jeff Powell ~ April 24, 2007


 
 
Presidents 1946 - Present Day
 
spacer    

"Keep track of the rumored candidates, power plays and buzz."
The Washington Post

Next & Previous

« Norway joins the mutineers. | HOME | Bank staffer confirms Daboub tried to make climate change disappear. »

Categories

Bolton

Chirac

Comment

Frist

Malloch Brown

Mr W's cronies

Mr W's past

Mr W's pledges

Rumsfeld

Santorum

Setrakian

The Process

Tony Blair

World Bank president

"Offering the rumors and gossip usually reserved for Washington's bars and back rooms."
Reuters

WBpresident.org in the news

Wolfowitz-Riza-Cleveland: New Evil-doing?
Wolfowitz's right hand man jumps ship.
Caught in the World Bank storm.
We're in the papers! worldbankpresident.org media mentions.
Hot blogging on the World Bank president.
Media contacts.
Card wants Snow.
New candidate, French views.
An £8200 job ad.
Bank chief's parting shots.

"Accomplished and intelligent… sifts through the speculation and brings you the latest news."
The Guardian

Recent Rumours

Zoellick bearhug photo.
Like old times: Zoellick and Lamy
Another middle aged white American for the World Bank !
Globe and Mail: Euros Already Agreed not to Raise Questions
Official: Zoellick according to AP.
It's (un)Official: Zoellick
Zoellick will get the nod from Germany.
An opportunity at the World Bank
UPI: Wolfowitz Replacement This Week
UK involvement in the Foundation for the Future.

Links

The World Bank
Bretton Woods Project
Eurodad
IFIwatchnet

Search this site


Archive

May 2007
April 2007
April 2005
March 2005
February 2005
January 2005



ifiwatchnet     riverpath
 
spacer