Nominations for World Bank president close today, and barring a miracle, it will be a one horse race.
In Norway yesterday, Zoellick met with development minister Erik Solheim: “The Norwegian principled position is that this should be an open competition where everyone should be able to run – Chinese, Argentinian, whatever, Norwegian for that matter. We will work with other governments to make such a procedure for future presidential appointments of the World Bank. That said, we think this is a very good proposal of Mr Zoellick as the new president of the World Bank.” Solheim also said that Europe’s prerogative to choose the head of the IMF should also be abandoned.
Other related bits of news today:
- For a useful compendium of ‘who’s saying what’ about Zoellick see the Bank Information Center site.
- Support for the Brookings Institution / New Rules for Global Finance call for opening up the selection process has now reached nearly 700.
- A gathering of the usual suspects at the American Enterprise Institute said what you’d expect them to say about the future of the World Bank. Quaint.
- The rush of pundits with Zoellick wish lists has begun. Joe Stiglitz asks Zoellick what he plans to do about northern agricultural subsidies, intellectual property regimes and core labour standards; Lawrence MacDonald at Washington thinktank, Center for Global Development, asks poignantly about Bank attitudes towards reproductive health services, climate change, and the leadership selection process.
If Bob is reading this blog maybe he’d like to weigh in on some of these questions?