BizJournals Portfolio
Home >   Business Views, Opinions and Blogs >   Business Blogs >   Market Movers >  

Kemal Dervis For World Bank President

Market Movers

by Felix Salmon
Main
Bloomberg vs Spitzer?   Thomson-Reuters: Fierce Competitor, or Cozy Duopolist?

Recent Blog Posts

Links

May 08 2007 12:00am EDT

Kemal Dervis for World Bank President!

Dani 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 mooted 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.

. □

Comments

If you are commenting using a Facebook account, your profile information may be displayed with your comment depending on your privacy settings. By leaving the 'Post to Facebook' box selected, your comment will be published to your Facebook profile in addition to the space below.


Connect With Portfolio.com
Like Portfolio on Facebook

Come on, like us—you know you want to.

Follow Portfolio on Twitter

Follow us and if you're an innovative entrepreneur, we'll return the favor.

The Mix

Today's top stories, conversation starters, and the back nine business bites.

spotlight on

Slideshows

500 Startups Hits New York

Dave McClure's brainchild makes its way to New York and introduces East Coast money folks to some intriguing new companies. View Slideshow