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Bank of America: The US shouldn’t get to pick the head of the World Bank (Slate)
January 8, 2019
From the article:
On Monday, Jim Yong Kim stepped down as president of the World Bank Group, moving to the private sector 3½ years before the end of his second term in 2022. While, as its name suggests, the World Bank is a global financing body that made $66 billion in commitments to developing country governments and private sector investment projects in 2018, traditionally the White House has chosen its president.
That has many people concerned about whom Donald Trump might nominate to replace Kim, given the president’s contemptuous attitude toward foreign aid and international institutions in general. But the U.S. lock on the top job at the bank has been a problem for far longer than the past two years. And now would be a perfect time to end it for good...