Here is a question that keeps on nagging at me; what will be the reputational cost to the World Bank and Mr. Kim himself, once the charade of this selection process is over and he is confirmed as the new President of the World Bank?.
I say once, since it seems quite clear that after all the noise about merit based selection by the G20, the directors on the board of the bank will eventually cast their votes according to their shares.
Now, that there seems to be almost a universal judgment that Mr. Kim is the least qualified of the three candidates for the job, how will his credibility – and hence effectiveness, and that of the bank, fare after he takes over?