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Take Off the Handcuffs: A Simple Prescription for Fixing the World Bank

"The World Bank," a colleague once told me, "is less than the sum of its parts." And other colleagues always grinned and agreed when I cited him during my seventeen years at the Bank. They all immediately recognized what no one officially admits: the Bank underperforms because it constantly degrades its most precious resources -- the energy, skills and creativity of the people who work there.

Zoellick Approved As Next World Bank President: What Challenges Ahead?

Yesterday Robert Zoellick was elected by unanimous vote by the Board of the World Bank to become its next president. He now assumes The Hardest Job in the World, as we called it in a 2005 CGD report to the then-incoming president, Paul Wolfowitz. Mr. Zoellick is an avid reader -- and absorbs ideas and issues like a sponge. This bodes well for the Bank and for Bank staff. Informal meetings he has had with officials around the world, activists, and Bank watchers in Washington's leading think tanks indicate Mr.