That 66th birthday month of his, March 2012, was auspicious for adding a little spice to his dreary life, but no, it just can’t last. Born in March 1946 alongside his evil twin, IMF, in Savannah Georgia, after conception in what must have been a rather sleazy New Hampshire hotel (the ‘Bretton Woods’) in mid-1944, the old geezer known as the International Bank for Reconstruction and Development, or much better by his nickname World Bank (but let me just use WB), really ought to be considering retirement. Continue reading
President Obama has a historic opportunity to help reform the World Bank, by nominating development expert Jeffrey Sachs to be the World Bank’s next president. Sachs has said that as president he would sharpen the focus of the Bank on achieving the Millennium Development Goals for reducing poverty and extending access to health care and education. Coming from Sachs, this pledge is “change you can believe in,” because for years Sachs has a leading international advocate of efforts to achieve the world’s poverty reduction goals, currently serving as an adviser to UN Secretary General Ban Ki-moon. Continue reading
A campaign group in the US has launched an online petition demanding that President Obama NOT nominate Larry Summers. The campaign group is called UltraViolet and it “fight[s] to expand women’s rights and combat sexism everywhere – from politics and government to media and pop culture.” Here is what their action says: Continue reading
Yes, Zoellick’s term is up this year, and the rumour mill is going into overdrive – most suggesting that he’s gonna step down so he can return to his first love: Republican Party politics.
So we’ve redesigned and relaunched your favourite blog site (check out all those social media buttons) where you can get all the news, views, and gossip about how his successor should be selected, who should get the job, and what their priorities should be. Multiple professor (at both Canadian and Indian universities) Sunil Chacko already got the ball rolling with a recent Huffington Post article.
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So keep coming back to follow the battle for the Bank in real time!