Breakthrough Leadership for the World Bank
The Obama administration's appointment of Jim Kim as President of the World Bank is a breakthrough for the Bank – and for the cause of global peace and stability. Finally, the US seems to have understood that development experts, not bankers and political insiders, must be in charge.
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NEW YORK – Last month, I called for the World Bank to be led by a global development leader rather than a banker or political insider. “The Bank needs an accomplished professional who is ready to tackle the great challenges of sustainable development from day one,” I wrote. Now that US President Barack Obama has nominated Jim Kim for the post, the world will get just that: a superb development leader.