Since Jim Kim took up the Presidency of the World Bank Group in July 2012, heads have rolled, boxes have been moved around the organizational chart, and an unprecedented drive to shave $400 million from the budget has been undertaken.
The World Bank is currently in the process of an unprecedented review of its social and environmental safeguard policies -- many of which were inspired by acts of Congress and U.S. government advocacy over the last few decades.
At this week's annual meetings of the World Bank Group and International Monetary Fund (IMF), the topic of inequality is buzzing. And rightly so given that extreme economic inequality is one of the largest barriers to ending extreme poverty.
Ending the suffering from AIDS is possible in our lifetime. To know it's possible, one need only to see how the investment and the life-saving treatments and drugs that followed it have stalled a once booming coffin making business in Southern Africa.
As Dartmouth's outgoing president, World Bank Group President-Elect Jim Yong Kim stressed the importance of interdisciplinary research. The need for students to engage with the rest of the world. To push beyond their comfort zone.
How has the unique economic history of different countries shaped them, what is it like to do business there now because of that legacy, and what lessons can they learn from other countries with a similar background?
The reaction to Jim Yong Kim's nomination from development economists and people experienced in the business of lending to poor countries has been overwhelmingly negative. They are making a big mistake. Mr. Kim would make an excellent World Bank president.