- LA Times: Africa calls for World Bank reform after Nigerian denied top post
- Financial Times: Africa presses for World Bank reform
- Bloomberg: Emerging-Market Drift From World Bank Set to Test Incoming Kim
- All Africa: World Bank – Finally, Merit Bows to Politics…jonathan, Okonjo-Iweala Greet Kim
- Vanguard: Senate condemns USA monopoly of World Bank
Author Archives: A Bank Insider
Some Reactions
AFP: Nigeria World Bank candidate salutes Kim, calls for change
FT: World Bank picks Kim as next head
Economist: Kim for president
The Atlantic: Shocking News About the Next World Bank Boss
BBC: Africa’s World Bank hopes dashed as Okonjo-Iweala loses
The Telegraph: A 20th century bank facing 21st century problems
Irish Times: World Bank accused of lack of transparency after US chief chosen
The Conversation: Three-Card Trick: Kim is new World Bank President
Oxfam sums it up
Oxfam’s Elizabeth Stuart said: “Dr. Kim is an excellent choice for World Bank president and a true development hero. But we’ll never know if he was the best candidate for the job, because there was no true and fair competition.”
“The world deserved better than a selection process with a forgone conclusion. Poor and emerging countries are insisting the Bank be more accountable and open in how it does business. This sham process has damaged the institution, and sullied Dr. Kim’s appointment.”
South Africa expresses “serious concerns” about World Bank process
FT reports that “South Africa on Monday expressed serious concerns about the transparency of the process to select the next head of the World Bank”
Pravin Gordhan, South Africa’s finance minister told reporters “From what I’m hearing there are serious concerns about the levels of transparency. And when we link that to the third element, which is has this process met the merit-based criteria, I think we are going to find that the process falls short,”
The View from Nigeria
Interviews with Ngozi
- Frost Over the World: Ngozi Okonjo-Iweala: Changing the World Bank“
- Fareed Zakaria: Global Public Square:Okonko-Iweala on the World Bank
Nothing from Dr. Kim so far.
Who is responsible?
Ngozi Okonjo-Iweala will be on CNN’s GPS this Sunday
Ngozi Okonjo-Iweala will be on CNN’s GPS with Fareed Zakaria this Sunday at 10am and 1pm EST. Here’s an excerpt of what she had to say: Continue reading
No merit based discussion took place
Sources tell me that despite the fact that the board met today for what was planned to be a discussion on the merits of the two remaining candidates, Jim Yong Kim and Ngozi Okonjo-Iweala, no such discussion took place, with only the African directors speaking for Ngozi. Ocampo hit the bull’s eye when he said in his withdrawal statement “… as we approach the final phase of this process, it is clear that it is becoming no longer a competition on the merits of the candidates but a political exercise.”
So the Obama who told the American people 4 years ago “yes we can”, is now telling the rest of the world “no, you really cant”. He may talk the talk, but he sure does not walk the walk.
“Ocampo to withdraw from World Bank race:sources”
News flash just off the wires few minutes ago by Lesley Wroughton and Tiago Pariz at Reuters. Here is the full report.