who will be next World Bank President What will they do


Official: Zoellick according to AP. Bush will make the announcement tomorrow according to an Associated Press release, published by ABC news."President Bush has chosen Robert Zoellick, a one-time U.S. trade representative and former No. 2 official at the State Department, to lead the World Bank, a senior administration official said Tuesday."

"The White House expects Zoellick to gain the board's acceptance and said that, thus far, other nations have had a positive reaction to him, according to the senior administration official." Thus far we have heard only one positive reaction from Germany.

But, to the Chief Economist of the WB, Francois Bourguignon who was advocating for a pool of talent from around the world, "Certainly Bob Zoellick has good experience in development because he had been dealing with European countries for quite some time when he was trade negotiator for the US and he had negotiated the Doha round. Certainly his experience now in Goldman Sachs is a plus," as reported by Stuff.co.nz.

The Beaver ~ May 29, 2007

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