basu41_BRENDAN SMIALOWSKIAFPGetty Images_david malpass Brendan Smialowski/AFP/Getty Images

Ending America’s World Bank Monopoly

David Malpass, US President Donald Trump's nominee to lead the flagship development bank, appears distinctly unsuited to the job. To protect the World Bank 's work– and the interests of the world's poor – it may be time to end the tradition whereby the American candidate always wins.

NEW YORK – The nomination earlier this month of David Malpass, a senior US Treasury Department official, for the post of World Bank president came as something of a relief. Malpass is, after all, the choice of US President Donald Trump, who is known for backing extreme and unqualified job candidates. But that does not mean that Malpass is the ideal choice for the job.

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