Article 49446 Trump's unseemly haste shows World Bank must no longer be in thrall to US

Trump's unseemly haste shows World Bank must no longer be in thrall to US

by
Lucy Lamble
from Economics | The Guardian on (#49446)

The race to head the World Bank opened with the US candidate already known. Other countries must stand up and be counted

With characteristic lack of restraint, the Trump administration last week jumped the gun on the World Bank presidential election process by naming David Malpass as its preferred candidate to succeed Jim Yong Kim.

The formal nomination process, which did not begin until the following day, is based on selection principles agreed in 2011 that put the emphasis on an "open, merit-based and transparent" appointment. It is high time those principles were put in practice.

Related: Jim Yong Kim resigns as World Bank president

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