The World Bank's executive board has just announced that its new president will be selected using a competitive, merit-based process, paying no attention to the nationality of candidates. Breaking precedent, a White House spokesman said that the position as World Bank president is too important for parochial and political considerations to dominate.
Not!
Is it too much to ask that the new president at least know something about development?
I thought you wanted an economist up there. ;)
Posted by: Kimmitt | May 18, 2007 at 01:09 PM
i think that there maust be amartya sen or one economist thad have good knowledge about developing countries.
Posted by: mohammadreza | May 19, 2007 at 03:19 AM
Dani, April Fools was more than a month-and-a-half ago (-:
Posted by: Justin Delacour | May 19, 2007 at 02:46 PM
Stan Fischer and Paul Volcker are both on the short list. But then are a few GOP political types. One rumor floating around is that Bush will appoint Bill Clinton so the former President will have less time to campaign for Hillary.
Posted by: pgl | May 19, 2007 at 06:02 PM
I don't see why there should be someone that knows a lot about development.
The president of the Bank is a kind of manager. Many CEO's runs firm that sell products about which they don't know much. But they are able to do their job by individuating the strengths and the weaknesses of the organization they run.
Someone with more technical abilities may lack this managerial ability. Of course, having both kind of abilities would be better.
p.s.: very nice blog!
Posted by: tt | May 19, 2007 at 09:04 PM
Just wanted to note this survey on the next WB president being conducted by CGD
http://www.cgdev.org/content/article/detail/13726/
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