It looks like things may be about to hot up. The BRICS group of major emerging market economies, meeting in the sidelines of a G20 meeting in Mexico said they will discuss whether to put forward their own candidate. Continue reading
Author Archives: Jesse Griffiths
Poll closing: last chance to vote on next World Bank President!
Thousands of people have already voted on who they think should be the next World Bank President – add your vote now! The poll will close this Monday 27th February. Your votes may already be having an impact… bookmakers‘ odds are roughly in line with the poll results so far. Click here to vote.
Board to rush decision by April 20: wonder who that favours?
On Friday the Bank’s board set out its version of what a good selection process for Zoellick’s successor would be. They referenced the disappointing 2011 Board paper, and even took a few extra steps to make the process less transparent: Continue reading
Will China flex its muscles?
In response to Zoellick’s “I’m leaving” announcement, China reminded the US of its growing power and desire to use it. Foreign ministry spokesman, Liu Weimin, said pointedly: “China hopes that the next president of the World Bank will be selected based on the principle of merit in an open and fair competition”.
Campaigners demand fair selection process as Zoellick finally says he will step down
Increased rumours this week proved to be right as Zoellick just announced today that he will step down at the end of his first term as World Bank president, on 30 June. Reacting to the announcement, a global coalition of campaigners has issued an open letter to World Bank governors calling for an open and merit-based process to elect the next Bank president, and for developing countries to determine the selection: Continue reading