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Job Opening- Who's Next Head Of World Bank?

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chlamor Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-21-05 10:18 PM
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Job Opening- Who's Next Head Of World Bank?
There is speculation that Mr. Clinton is being considered. Only Americans need apply. Here are a few clips and the link:

"Right now, there is a vacancy for the most senior post in official world development circles, a job that is of direct interest to billions of people across the globe. The process and candidates are shrouded in secrecy and the only candidates in the running are U.S. citizens."
<snip>
"Meritocracy is absent. There is no clear process for selecting this position of global importance. It is not just outsiders who do not know what is happening. The World Bank Staff Association formally requested an opportunity to feed into the process of selecting a candidate. It was rapidly rebuffed by the alternative U.S. representative on the Bank’s executive board, Bob Holland. Holland , a Bush "pioneer" who raised at least $100,000 for the 2000 election campaign claimed hollowly: "the World Bank's presidential nomination process is being conducted in a fashion that preserves the World Bank's mission of reducing poverty through sustained growth and promoting responsible international development." (Read the letter: "
<snip>
"The latest indications on candidates for the Bank’s top job are Peter McPherson, Nancy Kassebaum-Baker, and Elaine Chao. McPherson was most recently Financial Coordinator for Iraqi Reconstruction. He served with Dick Cheney in the White House under President Gerald Ford. He was also Chairman of the Overseas Private Investment Corporation, the U.S. export credit agency, then directed USAID in the Reagan administration. From 1987 to 1989 he was Deputy Secretary of the Treasury."
<snip>
"Kassebaum-Baker is a former U.S. senator. She currently serves on the British government’s Commission for Africa. Elaine Chao is the Secretary of Labor and a former Peace Corps chief. The fact that Chao is married to influential Republican senator Mitch McConnell would enable her to pursue World Bank fund-raising on the hill more easily than some previous Bank presidents. U.S. political connections should not, however, be the main criteria for choosing who to fill an important executive post with power to spend over $20 billion a year and to guide global thinking on development issues."
/www.fpif.org/commentary/2005/0502wbank.html
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rustydog Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-21-05 10:52 PM
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1. HUMMMM...Neil Bush has banking experience...
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