The World Bank has attracted criticism across the spectrum of its operations. In this poll, we highlight a selection of the concerns campaigning groups have highlighted. Which area(s) do you feel are the ripest for reform by a new World Bank president? This is not intended to be a comprehensive agenda – suggest other important issues in the comment section at the bottom!
Below is a guest post from Jorge Daniel Taillant, formerly executive director of the Centro de Derechos Humanos y Ambiente (Center for Human Rights and Environment, CEDHA) in Argentina:
In most sports, when your front runners simply aren’t cutting the mustard, the coach looks to the bench for new and energetic blood, mostly to radically change the way in which the strategy is being executed, an altercation to the tactics that are simply not working. It is not surprising that radical changes to the business as usual line up often leads to early
entry success and can fundamentally change the game play.
In this regard, we’ve had enough of industrialized country leadership (in fact, practically of single country leadership) of largely fledgling international finance corporations such as the IMF and in many ways, also the World Bank, both historically aligned along the Washington Consensus and both dominated by European and US intervention. And both, with little to show in terms of success.
We need a Lionel Messi to come off the bench and work development magic, and while that may not be an Argentine in this case, it should be a candidate from a developing country, one that has shown the ability to make bold and assertive decisions to address modern development challenges. Continue reading