Good Reads

Few opinion pieces worth reading this Saturday morning.

Ocampo hits back

Ocampo has finally flexed his muscles in the WB President race, arguing in a FT interview that Jim Yong Kim “lacks expertise”. Ocampo says:

“I think in terms of development expertise it is quite clear to everyone that the finance minister of Nigeria and myself stand above the US candidate, who has very narrow expertise in development. He is an excellent physician, nobody denies that, but we’re talking about a development institution.” Continue reading

“Ready. Steady. Ngo”

In a very pointed editorial, the Economist comes out in support of Ngozi without mincing words. In “Hats off to Ngozi:  A golden opportunity for the rest of the world to show Barack Obama the meaning of meritocracy”, the Economist puts its argument this way:

“For almost 70 years, the leadership of the IMF and World Bank has been subject to an indefensible carve-up. The head of the Continue reading

Kim calls for “an open, inclusive World Bank”

As US nominee Jim Yong Kim sets off on a global “listening tour” to promote his candidacy, he has declared his priorities for the Bank in an FT op-Ed. While thin on actual policy content, Kim gives strong support for “an open, inclusive World Bank” which “must give developing nations a greater voice.” He also attempts to calm the ‘anti-growth’ storm, by confirming that he recognises “that economic growth is vital to generate resources for investment in health, education and public goods.” Continue reading

Support for Ocampo from ECLAC’s Executive Secretary

Alicia Barcena, Executive Secretary  of United Nations Economic Commission for Latin America and the Caribbean (ECLAC), organisation that Ocampo lead during 1998-2003, wrote a Spanish article  arguing why José Antonio Ocampo is the best candidate for the Bank’s presidency. Here are some of the main arguments:

José Antonio Ocampo has an “outstanding career in academia, in the advancement of development theories, direct management of public policy and intellectual leadership to display original paths to progress.”

“He has examined in depth Continue reading

Interview dates leaked – decision due 11 April

The interview and decision dates at the board are now set. The World Bank board conducts the interviews. They are as follows:

Ngozi Okonjo-Iweala – 9 April
Jose Antonio Ocampo –  10 April
Jim Yong Kim – 11 April

Apparently the board will discuss and vote on the decision straight away after the interview with Kim on the 11th and a decision is expected to be announced that day.

Amended on 30/3 with updated dates.