The self-nomination of Jeff Sachs into the ‘race’ has certainly livened things up. David Bosco reports that Bank staff don’t think much of Sachs – which may be a good or a bad thing depending on your opinion of Bank staff. Sachs has shown he has some political nous by highlighting one central weakness of the Bank under Zoellick – the desire to prioritise everything. It always looked suspiciously more like empire building than strategic direction. Continue reading
Category Archives: Priorities for the Pres
Good Advice from Center for Global Development’s Nancy Birdsall
In a CGD “wonkcast”, Nancy Birdsall sets out some excellent criteria for the next World Bank president.
Ability to “corral” the World Bank’s resident, 25-person board onto a new agenda, including perhaps letting loose their grip on how the Bank runs, day-to-day, will be key. This will involve personal and persuasive skills that the Bank has not seen much in evidence since Jim Wolfensohn’s departure nearly seven years ago. Admittedly, Wolfensohn had a rocky start, and a stormy relationship with the Executive Directors at times, but once he realized that “what’s good for the Bank is good for Jim Wolfensohn, and vice versa” he moved the Bank to a new level of respect and effectiveness, with a Board that was fully behind him. Continue reading
Wasting time talking about people
There has been endless speculation in the media, fueled by CSO activism bordering on fantasy and hissy-fits, about names rumored and leaked to be in the running to replace Robert Zoellick on July 1.
Now is the time to tell the owners of the Bank, who will nominate candidates, and the Board, who will choose from among the three they shortlist, what profile the next World Bank president should have, beyond the generic criteria that the Development Committee endorsed. Continue reading
BRIC leadership and the environment: a dilemma?
An interesting recent article by Environment and Energy Publishing outlines a dilemma for environmentalists advocating for change at the World Bank. Green groups have long-called for a more democratic institution that genuinely addresses both poverty and environmental destruction in developing countries, and have often been prominent in arguing against the archaic convention that sees the US president appoint the Bank’s leader. But, on the other hand many environmentalists acknowledge that any potential candidate from the BRICs may put less of an emphasis on environmental issues than the US. Continue reading
Getting ready to pick the next World Bank President
Robert Zoellick’s article in Foreign Affairs “Why We Still Need the World Bank” http://www.foreignaffairs.com/articles/137243/robert-b-zoellick/why-we-still-need-the-world-bank was intended to be a flattering account of the Bank’s achievements during his time as its president. Correlation is not, of course, causality, but as the World Bank’s Board gets ready to select his successor from a shortlist of three nominees, it’s time to look more closely at what’s missing. Continue reading