- Former World Bank Director and Harvard Professor, John Briscoe, writes in the Hindu : “A time for India to stand up and be counted“
- Former World Bank Managing Editor, Kevin Rafferty, in the Japan Times, writes : “Don’t dance to U.S. tune on World Bank presidency”
- The New York Times editorial: “Leading the World Bank”
- Patrick Brennan, in the well known conservative National Review magazine, writes: “Wrong Man for the Job : Brilliant in global health, Jim Yong Kim is unsound on economics.”
- Felix Salmon of Reuters writes: “ Why Ngozi Okonjo-Iweala should run the World Bank”
As the global financial crisis threatens to undo years of progress in poor countries, the World Bank has raised its lending to unprecedented levels – $57 billion in 2011, more than double what it committed in 2008. With the cash, comes sway over developing countries’ policies, poverty programs, and governance systems.
The Bank only operates in developing countries, and it is people in these countries who must live day-to-day with its policies and programs. The Bank surely has an interest, then, in shoring up its legitimacy and credibility in its dealing with these clients. And indeed, the Bank holds itself up as a model of accountability, transparency and good governance.
Yet the very starting point of the Bank’s own governance, its leadership, is a stitch-up. Continue reading