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May 30, 2007

Comments

terence

And then there was Zoellick's performance at Cancun. When he found out that the developing nations (G22) were actually going to stand up for themselves he spat the dummy.

This, to me, doesn't sound like someone particularly concerned with the developing world.

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Dirk Nachbar

I don't think he is president yet. They wait for nominations until 15 June.

Leonardo

I work at the WB and am a KSG alumni, and can't help feeling overly frustrated and annoyed by the continuation of this unwritten US-Europe (plus other developed countries, such as Japan) agreement to support an European nomination to the IMF (An Spanish National, Rodrigo Rato is the Fund's current head) and an American nomination for the WB (These colluding countries make up the majority of vote among the 24 members of the Board at the WB, based on their contribution to initial WB capital, thus guaranteeing that US and Europe nominates are to be elected). With so many better qualified people from elsewhere in the World (You name them Prof. Rodrik) having a proved track record on development, this practice can be regarded as atrocious, to say the least.

Marcos Ancelovici

A few days ago you mentioned the Center for Global Development survey that proposed several non-US candidates. Considering the governance structure and power balance of the WB, did you really think that a different scenario could have happened? And if so, how could it have been played out? I keep telling my students that globalization is not an iron cage but sometimes I miss concrete alternative scenarios. Thanks.

Justin

Well, I wish I could say I called this one, but really I just cynically wished for another Bush stooge like Zoellick (in my comments regarding the Center for Global Development survey). Clearly, Zoellick will not resolve the image problem that the Bank faces, which is absolutely fine by me.

The only cool thing about Bush-Cheney is they really lack the finesse to effectively run an empire. For anti-imperialists like myself, that's not such a bad thing. I mean, if the Bush-Cheney crew had any strategic sense, they would at least give the job to some token lap-dog from the developing world (like, say, Moisés Naim). But they don't have any strategic sense, which means that the IFIs are probably just going to further isolate themselves, forcing the developing world to seek alternatives (such as South America's soon-to-be "Bank of the South'").

From an anti-imperialist perspective, Zoellick may very well be a blessing in disguise.

Boli-Nica

Whats the big deal? Everything he says is in line with most of the proposed "second generation reforms" -which feature a distinctively stronger state role- .calling for "schools and education systems that draw all of society toward opportunity, not protect isolated privilege" hardly sounds anti-state, as does reforming tax codes..-which usually means actually collecting taxes from the rich and upper classes.
And whats controversial?
Reforming judiciaries? transparency in government? burdens on small business? or even "statism" per se.. Seems pretty dead on to me in 2007. Particularly watching Chavez gleefully strip state enterprises of whatever autonomy they have left, and centralize them. Even worse, idiots like Morales hold him up like a role-model.

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