Category Archives: world bank

World Bank Biofuels Report Finally Released

Three weeks ago, the Guardian’s Aditya Chakrabortty published "the biofuels report they didn’t want you to read": the research paper from the World Bank’s Don Mitchell saying that 75% of the rise in global food prices could be attributed to … Continue reading

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Ngozi Okonjo-Iweala is Brilliant

It’s the Brilliant issue of Portfolio this month, and under "Game Changers" one finds a lot of big-deal CEOs: Rupert Murdoch, Jamie Dimon, Lloyd Blankfein, Ratan Tata. And right there next to them is Ngozi Okonjo-Iweala. I went down to … Continue reading

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Why Sovereign Wealth Funds Should Invest in Africa

I’m a fan of World Bank president Robert Zoellick’s idea yesterday that sovereign wealth funds should invest 1% of their assets in Africa. For one thing, as Zoellick says, this kind of investment makes sense on a purely financial level. … Continue reading

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The Wolfowitz Ouster, Redux

Fox News journalist James Rosen has a long and largely sympathetic account of Paul Wolfowitz’s ouster from the World Bank in the November issue of Playboy. At the beginning of the piece he’s unambiguous: What happened to Wolfowitz was more … Continue reading

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World Bank Pays Off Nicaraguan Debt at 4.5 Cents on the Dollar

Here’s something which hasn’t got a lot of traction in the press: the World Bank has just spent $61 million on paying off a bunch of old Nicaraguan debt dating back to the late 1970s and early 1980s. The amount … Continue reading

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Ngozi Returns to the World Bank

Ngozi Okonjo-Iweala is, unfortunately, not American enough to be president of the world bank herself. But the president of the world bank is smart enough to appoint her managing director – a very senior position (see the new, old org … Continue reading

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Addressing Climate Change at the World Bank

"Marshall
Jevons
" has been watching the telly, and saw Sebastian Mallaby
telling Fareed Zakaria what Robert Zoellick
should be doing at the World Bank.
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Okonjo-Iweala and Zoellick on Video

Okonjo-Iweala is magnetic. Zoellick, not so much.
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Why Robert Zoellick Is Not a Good Idea for the World Bank

Zoellick really has no qualifications at all for this job, beyond an understanding of international finance.
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Okonjo-Iweala as Interim World Bank President?

Joe Stiglitz and Nancy Birdsall think an interim president would be a very good idea.
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