Doing Development Better
The recent selection of Jim Yong Kim to lead the World Bank exposed a deep fissure within the field of development policy, because Kim and his rivals represented two dramatically different approaches. But there are signs that the rift between Kim's brand of bottom-up development and those who favor economy-wide reforms is narrowing.
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CAMBRIDGE – Jim Yong Kim’s appointment as World Bank president may have been predictable, given the long-standing tradition that renders the selection an American prerogative. But even the appearance of competition between Kim and the other candidates, Ngozi Okonjo-Iweala and José Antonio Ocampo, served to expose a deep fissure within the field of development policy, because Kim and his two rivals represented dramatically different approaches.