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News Link • Economy - International

The World Bank Is Hopeless and Changing Leaders Won't Help

•, by Staff Report

Hats off to Ngozi ... A golden opportunity for the rest of the world to show Barack Obama the meaning of meritocracy ... When economists from the World Bank visit poor countries to dispense cash and advice, they routinely tell governments to reject cronyism and fill each important job with the best candidate available. It is good advice. The World Bank should take it. In appointing its next president, the bank's board should reject the nominee of its most influential shareholder, America, and pick Nigeria's Ngozi Okonjo-Iweala. – Economist

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