[COMMENTARY] Why Economists Are Jumping on the Jim Kim-Bashing Bandwagon

By Gregg Gonsalves

Lant Pritchett–a Professor of the Practice of International Development at the Harvard Kennedy School–has been leading a campaign against the election of Jim Kim to the World Bank presidency.   While he isn’t the only critic of Dr. Kim’s nomination, he is among the most vocal and well-known.   Though his views are his own, they have been amplified by other leading development economists, such as William Easterly at New York University and people associated with the Center for Global Development in Washington, DC.

Over the past few weeks, Pritchett has publicly questioned Kim’s qualifications, saying a lack of training in economics and experience in world finance should disqualify him from the post. He has further suggested that Kim’s nomination shows  the arrogance and hegemony of American power over the institution.  He has called for Kim to step aside for a merit-based election, in which the Nigerian candidate for the post, Ngozi Okonjo-Iweala (a World Bank, Harvard and MIT alum, also finance minister of Nigeria) would presumably sweep to victory.

A few days ago, Pritchett wrote an article in the New Republic (TNR) which comes clean about the real reasons for the escalating, grasping campaign of opposition to Jim Kim. The piece is called “Why Obama’s World Bank Pick Is Proving So Controversial.”   The title is an overreach:  It should really read “Why Obama’s World Bank Pick Is Proving So Controversial to Me and My Friends.”

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[COMMENTARY] World Bank Report On Fiscal Constraints – A Return To The 90s

By Brook Baker

The World Bank has just recently issued a “new” report: The fiscal dimension of HIV/AIDS in Botswana, South Africa, Swaziland, and Uganda. The Report doesn’t really feel “new” because it represents a recurrent theme in the World Bank approach from the earliest days of the global AIDS pandemic – it’s not fiscally sustainable to treat people living with HIV in high impact, low-resource countries – instead the world must focus on “prevention.”  The World Bank is seriously out-of-date, or conversely, perversely pig-headed, for four main reasons:

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