Will the World Bank change direction?

[GirlNextDoor15]

http://www.aljazeera.com/programmes/insidestoryamericas/2012/04/201241410238138606.html?utm_content=automate&utm_campaign=Trial6&utm_source=NewSocialFlow&utm_term=plustweets&utm_medium=MasterAccount


The next president of the World Bank is expected to be named next week, and for the first time the US is facing a real challenge over the bank's leadership


A small number of economically powerful countries provide most of the institution's funding and get to choose the leadership and senior management. As a result, critics argue, their interests - and especially those of the US - are prioritised.


The candidates in the running for the World Bank's top job are: Ngozi Okonjo-Iweala, who is the current Nigerian finance minister and a former managing director of the World Bank. She has the endorsement of the African Union.


Since its creation all World Bank presidents have come from the US


The World Bank says that poverty has dropped from 1,9bn in 1990 to 1,3bn in 2008

Do you think World Bank should change direction this time and select a president from a developing country? Any thoughts?

[-:Undertaker:-]

Another useless international organisation where failed politicians and friends of politicians go to work & congraulate eachother.

If the World Bank fell from the face of the Earth tommorow, would we notice? I think not.

[dbgtz]

Not going to lie, I hadn't even heard of the world bank until this news story initially popped up a few months(?) ago. After researching it, it seems like a very pointless institution. Though should there really be a president if it is a world bank? Shouldn't all views be equal? It won't make a difference anyway.

[FlyingJesus]

I really hope that Ngozi Okonjo-Iweala wins it so she can send emails out to everyone in the world starting with "Hello, I am a wealthy Nigerian banker..."

[GirlNextDoor15]

I really hope that Ngozi Okonjo-Iweala wins it so she can send emails out to everyone in the world starting with "Hello, I am a wealthy Nigerian banker..."

She's Nigeria's finance minister and managing director of World Bank. She's the best candidate and yet, a silly Korean American doctor was selected as the next president.