CGD Vice President Dennis de Tray was quoted in this AFP article about the current issues at the World Bank focusing on internal governance issues and the process for selecting the president of the World Bank.
From the article:
"It's as much a crisis of governance as a crisis of leadership," said Dennis de Tray, vice-president of the Centre for Global Development in Washington, who has worked at both the bank and the International Monetary Fund (IMF).
"One can only hope that the very real governance and leadership crisis that recent events have generated at the World Bank will bring to the surface how fragile the current governance structure is, and hence set forth an international dialogue on these issues," he said.
Questions about the World Bank's relevance are being raised, including whether the post-war settlement under which the bank is led by an American and the IMF by a European is past its sell-by date.
"If the international community is interested in seeing the bank modernise and move into the 21st century, it's going to have a presidential selection process that is also 21st century," de Tray said.