"The two-cornered contest for the top job in the World Bank is an opportunity for India to objectively assess which person is the right choice."
The Hindu : Opinion / Op-Ed : A time for India to stand up and be counted: The World Bank is at a turning point, and India has a major voice in deciding its future. The serious candidates (Finance Minister Dr. Ngozi Okonjo-Iweala of Nigeria and Dr. Jim Yong Kim of the United States) present the 180 countries who sit on the Board of the World Bank with a clear choice between visions of the World Bank.
Minister Ngozi, has deep experience throughout the developing world, widely respected for her courage and demonstrated capability in diplomacy, strategy and management. U.S. nominee, Dr. Kim has no experience either in development issues in developing countries or in finance, economics, business, regulation, and has a world view that economic growth leads to more poverty.
If India is to be true to its claimed and proper role in the world, it will (a) define the qualifications it sees as necessary for the job (b) objectively assess Minister Ngozi and Dr Kim against these qualifications. If this process is followed, the outcome is obvious.
There is no doubt that the Obama administration, which will not want the embarrassment of facing accusations of “who lost the World Bank?” in an election year, will strong-arm countries into acquiescing with its frivolous choice. This is a time for India to stand up and be counted.
Minister Ngozi, has deep experience throughout the developing world, widely respected for her courage and demonstrated capability in diplomacy, strategy and management. U.S. nominee, Dr. Kim has no experience either in development issues in developing countries or in finance, economics, business, regulation, and has a world view that economic growth leads to more poverty.
If India is to be true to its claimed and proper role in the world, it will (a) define the qualifications it sees as necessary for the job (b) objectively assess Minister Ngozi and Dr Kim against these qualifications. If this process is followed, the outcome is obvious.
There is no doubt that the Obama administration, which will not want the embarrassment of facing accusations of “who lost the World Bank?” in an election year, will strong-arm countries into acquiescing with its frivolous choice. This is a time for India to stand up and be counted.
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