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Trump’s World Bank-hating pick for World Bank president, explained (Vox)
February 5, 2019
From the article:
President Donald Trump will select David Malpass, currently the undersecretary of treasury for international affairs, as the US nominee to lead the World Bank, the Washington Post and Politico have reported.
Justin Sandefur, an economist at the Center for Global Development, an influential think tank working on global poverty and development, put out a statement arguing that other World Bank stakeholders should attempt to block Trump’s pick. While the US has traditionally chosen the World Bank head, formally the position is selected through a vote of bank shareholders, and other countries could indeed band together to reject Malpass.
W. Gyude Moore, the former minister of public works for Liberia (and thus someone with deep experience in one of the developing countries where the World Bank is most needed), compared nominating him to nominating an arsonist to be a fire chief.
“An incorrigible arsonist will now be our fire chief. Man spends his adult life denigrating multilateralism and now has the "pleasure" of running one of it's pillars. When does it end?" - view Tweet here