In the Wall Street Journal today, Drew Hinshaw and Sudeep Reddy, take a look at Ngozi Okonjo-Iweala’s record and her chances.
It seems to me that unless the developing countries, including the BRICS, close ranks behind one of their two candidates, Ngozi or Ocampo, they will all lose any legitimacy in calling for a merit based selection process with no regard to national origin. If this does not happen very soon, I don’t see a reason for any of the industrial nations to take them seriously enough to not vote with the US for Dr. Kim, or pay attention to any of their other demands for that matter.
I’m already hearing from sources who attended the three interviews over the last three days that Ngozi has come up as the top candidate, followed closely by Ocampo, with Dr. Kim a distant third. Three things have worked for Ngozi to push her over Ocampo, she knows the bank inside-out, has experience on both sides of the table – a client and world banker-, and that she is an African woman supported by the whole African Union. This, if selected, will make her not only the first non-American to head the bank, but also the first woman, and first African. In the words of the Economist, “May the best woman win”