who will be next World Bank President What will they do


Former Indian official spells it out. A good piece on the BBC World Service just now features comments from their economics correspondent and from a former senior Indian official. Andrew Walker, the correspondent, seems unsure how this will play out on the Bank's board but took time to remind listeners that the process is deeply political.

The former Indian Secretary for Economic Affairs (Amani Sana - sp?), who spent a couple of years as his government's representative on the World Bank's board, said the Wolfowitz misdemeanours are just the "tip of the iceberg - much deeper problems plague the institution". He complained about the World Bank's tendency to push particular policy conditions on developing countries, said they lack a coherent strategy on the Millennium Development Goals and that developing countries have "too little voice" in the institutions.

It is certainly the case that they have almost no voice in the current debates on what to do with the World Bank president.

You can listen on-line to the BBC World Service Business Report.

Alex Wilks ~ May 10, 2007

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