Kemal Dervis for World Bank President!


Rodrik and Joe

Stiglitz have both come out today in support of Kemal Derviş,

the current head of the United

Nations Development Programme, as a replacement for Paul Wolfowitz

at the World Bank.

Derviş would be great for many reasons, not least because he would be

the first president of the World Bank not to be a US citizen. If the deal being


on the front page of the New York Times today comes to pass, then – Wolfowitz

leaves quietly, in return for the US nominating his successor – then Derviş

doesn’t have much of a chance. But if the board ousts him without US acquiescence,

we could have the beginning of a glorious new era at the Bank.

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