My former colleagues at the Bretton Woods Project have just published their bi-monthly Bretton Woods Update with a cover article summarising some of the key issues that whoever wins the Presidency will have to tackle. Worth reading in full, but here are some snippets, the first on the rise of emerging markets:
One of the most pressing issues is how to work effectively with large emerging market countries. Continue reading
A New York Times op-ed by Thomas J. Bollyky the senior fellow for global health, economics and development at the Council on Foreign Relations lays out a strong case for selecting Jim Kim as part of a strategy for the United States to get behind the momentum for change at the World Bank. Continue reading
A very convincing argument in support of Ngozi Okonjo-Iweala as President of the World Bank, at least me-thinks, by Maha Atal in Forbes Magazine;
“By far the most important reason to appoint Okonjo-Iweala is that she has experience on both sides of the table in the international lending negotiations that are the bread and butter of the Bank’s work. Continue reading
Unlike the usual tirades against anything pro-development and the blind support for Paul Dundes Wolfowitz and the dismantling of the World Bank, typically offered by the editorials of the Wall Street Journal, as in this one few days ago’ “Jim Kim to the World Bank: The Dartmouth president is better than the bank deserves.”
Sudeep Reddy in today’s edition offers a more reasonable assessment of Dr. Kim titled ” U.S.’s World Bank Pick Draws Criticism”