March 19th, 2012

Jeffrey Sachs’ unlikely quest for World Bank post

By David Frum

(CNN) – For the record, I’m not a leading fan of the economist Jeffrey Sachs.

But even from the “away” team benches, you have to salute the audacity of his latest adventure.

Sachs, director of the Earth Institute at Columbia University, has nominated himself to be president of the World Bank. He has launched a political campaign to win the necessary votes from governments worldwide. He has won the endorsements of eight governments and 27 members of the U.S. Congress.

Nobody has ever seen anything like this before. While people do “campaign” for jobs as heads of international organizations, they usually do so from behind the scenes. Their names mysteriously begin to be mentioned in the columns of The Financial Times, Foreign Policy magazine and The International Economy, but they never admit on the record that they want the job, much less go on the road giving speeches and interviews asking for it.

Until now…

Read full article in CNN.




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