By Caroline Hepker
For almost 70 years, the head of the World Bank has been an American, chosen by the US president. The bank’s sister organisation, the International Monetary Fund – created at the same time in the wake of World War II – has similarly always been led by a European.
That tradition is not expected to change now, even as the current World Bank chief Robert Zoellick prepares to step down in June and the deadline to propose a new candidate looms this Friday.
But for the first time this closed process, dominated by the US, is being challenged…
Read full article and watch interview on BBC.
Tagged:
World BankRelated Articles:
- Radio NZ: Jeffrey Sachs – Leading Sustainable Development
- Radio Open Source: The Trump Doctrine in the Middle East
- Between The Lines: Jeffrey Sachs on US involvement in Syria
- The Monocle Daily
- Trump misses key trade deficit point: Columbia economist
