Tag Archives: Jim Yong Kim

World Bank Must End its Support for Human Rights Abuses in Ethiopia

By David Pred A multi-billion dollar aid program administered by the World Bank is underwriting systematic human rights abuses in Ethiopia. Last September, Ethiopian victims submitted a complaint about the program to the World Bank Inspection Panel, which is tasked … read more »

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Epiphanies from Ngozi Okonjo-Iweala

It was hardly the best of circumstances for an interview when Ngozi Okonjo-Iweala sat down with Foreign Policy in Washington, D.C., recently. In addition to jet lag, the Nigerian finance minister was battling both malaria and the flu. “Anyone else … read more »

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New World Bank chief starts Africa tour in Ivory Coast

The new president of the World Bank, Jim Yong Kim, began an African tour Tuesday with a call to Ivory Coast to “choose peace” in order to foster economic growth. Kim, 52, a Korean-American physician and anthropologist, took up his … read more »

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Why Jim Kim should consider resigning as World Bank president-designate

Patrick Bond The sickening signs of Kim’s retreat in the face of power were unmistakeable beginning in early April, just after his nomination was announced by Obama. The situation for the many constituencies hopeful about Jim Yong Kim’s ‘election’ as … read more »

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Choosing a President for the World Bank: West Centrism Prevails over Global Democracy

The unsurprising announcement that the Board of the World Bank had voted in favor of the American candidate, Jim Yong Kim, presents an opportune moment to reflect upon the soft power structures that shape global public policy in the early … read more »

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Promise-breaking at the World Bank

Patrick Bond After the tragedy of Obama, the new World Bank president could well be a farce. It’s simply a matter of considering the underlying power relations. PART 1: BEFORE That 66th birthday month of his, March 2012, was auspicious … read more »

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I’m ready to work with new W/Bank president —Okonjo-Iweala

THE Coordinating Minister of Economy and Minister of Finance, Dr Ngozi Okonjo-Iweala, who recently lost a bid to clinch the World Bank presidency, has reiterated her readiness to work with the eventual winner, Dr Jim Yong Kim. Okonjo-Iweala, while giving … read more »

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Nigeria: Senate condemns USA monopoly of World Bank

ABUJA- THE Senate Tuesday condemned in strong terms, the continuous duopoly of the World Bank and the International Monetary Fund, IMF by United States of America –European thereby locking out Africans and especially emerging economies of the world from the … read more »

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Africa’s World Bank hopes dashed as Okonjo-Iweala loses

African nations have had their hopes dashed with the selection of Jim Yong Kim to head the World Bank, side-stepping the chance to put an African woman with 20 years’ financial experience into the top job. Much of Africa had … read more »

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Kim named as the new World Bank President

The World Bank on Monday named as its next president Jim Yong Kim, a global health expert and the president of Dartmouth College, in a widely expected appointment that continues the longstanding tradition of an American leading the Washington-based development … read more »

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World Bank Presidency: Who takes the day Okonjo or Kim?

By OMOH GABRIEL WITH the withdrawal of Colombian ex-finance minister, Jose Antonio Ocampo, from the World Bank Presidency race last Friday, the die is now cast between Dr. Okonjo-Iweala of Nigeria and Jim Yong Kim, a Korean-American. Kim who is … read more »

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Ocampo ends World Bank bid, backs Nigerian

Former Colombian finance minister Jose Antonio Ocampo on Friday withdrew his candidacy for World Bank president, leaving two candidates in a race that he said had turned highly political. With the World Bank board meeting on Monday to pick a … read more »

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World Bank contest a test for industrial nations

The unprecedented challenge posed by developing countries to the U.S. grip on the World Bank presidency will test industrial nations’ commitment to an open selection process, former Colombian finance minister and nominee Jose Antonio Ocampo said on Tuesday. “We are … read more »

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Ngozi Okonjo-Iweala is the right choice for the World Bank

Last spring, when the International Monetary Fund began its search for a new Managing Director, I argued that the Fund should pass over Christine Lagarde – then French finance minister – for a candidate from the developing world. As it … read more »

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Banking on change?

In the next few weeks a new president will be announced for World Bank in Washington DC. Ordinarily this should not be something that excites anybody outside the inner recesses of governments. But this time it does – because it … read more »

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Ngozi for President

By Richard Dowden I made a mistake recently. When I read that President Obama had nominated Jim Yong Kim to be the next President of the World Bank, I assumed that was that. When does the hand over begin? Now … read more »

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Will Africa wrest control of World Bank from US?

The three candidates seeking to replace Robert Zoellick as president of the World Bank Group are set to face the panel of executive directors who will conduct formal interviews in the following weeks. Mr Zoellick’s term ends in June. Among … read more »

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Obama’s Pick for World Bank Hates Capitalism

Imagine if President Obama appointed radical Noam Chomsky, who has denounced capitalism as a “murderously destructive catastrophe,” to head up a committee on economic growth. That’s less of a stretch than it may seem, considering Obama’s nominee to head the … read more »

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Why US won’t support Okonjo-Iweala for W/Bank top job

US wont support Okonjo-Iweala for the presidency of the World Bank because “The president (Obama) was looking for a candidate who could command broad support across the world,” US Treasury Secretary, Geithner told Reuters in an interview released on Saturday. … read more »

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