Ngozi’s statement to the board of the World Bank
I worked very hard to get this, but I think after the US Treasury Department made Kim’s statement to the board public, its only fair to also hear what Ngozi and Ocampo had to say. Here is Ngozi’s...
View Article“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.
View ArticleNo 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...
View ArticleSouth 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...
View ArticleFinal Hours; or The Progressive’s Dilemma
Well folks today is the day. It seems that the unnamed “A Bank Insider,” the most frequent poster to this blog, has taken off the gloves, with his declaration — not even couched as a prediction — that...
View ArticleKim crowned World Bank president
The press are now running the story. Kim is the new president of the World Bank. http://www.nytimes.com/2012/04/17/business/global/world-bank-officially-selects-kim-as-president.html
View ArticleOxfam 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...
View ArticleSome 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:...
View ArticleMore Reactions
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...
View ArticleRace over, blog bows out. Until next time
With the dust settling after the first contested World Bank Presidential selection process, this blog will be bowing out. We hope we’ve added some transparency to a pretty intransparent process, and...
View ArticleThe more things change… We’re back
It is true that Kim’s term does not expire for nearly another year, so what compelled the return of everyone’s favourite blog covering the latest developments on the coronation, er… we mean nomination...
View Article3 week application period – are you kidding?
So, the blog is back, now that the World Bank board has officially launched a selection process for the next World Bank President. A task this big takes a bit of time, right? Not according to the...
View ArticleDeveloping Countries must propose their own World Bank candidates
The US government is strongly backing the re-appointment of Jim Kim for a second five-year term as president of the World Bank. Historically, only two presidents in the past few decades have been...
View ArticleTime for a woman president
Disclaimer: this blog is about the World Bank President, not Hilary Clinton It’s obviously (well past) time to end the US stranglehold on the job, but surely it’s also time to end the male stranglehold...
View ArticleThe case for a feminist World Bank President
Calls are increasing for a first female World Bank President in the current Bank presidential selection that happens every five years. A female Bank President would symbolize the increasing power of...
View ArticleJim Kim’s Meager Harvest
We shall know our prophets by their fruits, and the same is true for World Bank presidents. The first term of President Jim Kim is coming to an end, the Bank’s Executive Directors will decide about his...
View ArticleIt’s good to be back
As the deadline for nominees approaches, now less than 48 hours away, how can one take stock of a flawed process to make a flawed candidate win? The United States behaved furtively in the heat of...
View ArticleDeadline nearing
With only about three hours to go before the close of nominations, it looks as if the flawed process is yielding but one candidate, the flawed Jim Yong Kim. It’s not as if there’s great enthusiasm....
View ArticleTick-Tock
Tick-tock, tick-tock – that is the sound of time slipping away from the World Bank’s efforts to hold on to whatever remains of its legitimacy as a global development leader that lives by and values its...
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The curtain comes down, but the (same old) show goes on … and on
This morning we had official confirmation from the Bank that Jim Kim will not face any competitors in his bid for his tenure at the Bank to be renewed. With absolutely no intention to reduce this...
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