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World Bank

"Our Land, Our Decision": Kosovo Protests World Bank and U.S. Plans for New Coal

Mary Anne Hitt | Posted 05.30.2012 | Green
Mary Anne Hitt

While the U.S. has stopped building new coal plants and has rejected 166 proposed coal plants in the past decade, some of our government institutions are, inexplicably, trying to force new coal plants on other countries.

Washington's Loss of Control Over World Bank Is a Big Historic Change

Mark Weisbrot | Posted 05.29.2012 | World
Mark Weisbrot

The opening up of the contest for World Bank president is a historic change whose significance has not been fully appreciated. This is not surprising, given the widespread misunderstanding of the IMF and World Bank.

Memo to World Bank: Good Health Policy Is Great Economic Policy

Michael Hodin | Posted 05.29.2012 | Impact
Michael Hodin

As the World Bank lays out its plans to stimulate growth in the coming years, Dr. Kim may be exactly what the doctor ordered -− a health-field expert who can prioritize healthy aging.

Fixing the World Bank

Patrick Sharma | Posted 05.26.2012 | Business
Patrick Sharma

The fact that so many countries are graduating from World Bank lending is something to celebrate. So should the organization declare victory and close up shop? The answer, unfortunately, is no.

Will Obama's Candidate Reinvent the World Bank?

Peter Bosshard | Posted 05.26.2012 | World
Peter Bosshard

Could Jim Yong Kim's presidency offer a chance to reinvent the World Bank? Redirecting the supertanker of multilateral development finance will take more than a change of presidents. The entrenched interests in the Bank's management and board will try to prevent a change of course.

New World Bank President Nominee: Non-Economic Paradigm Shift?

Scott White | Posted 05.26.2012 | World
Scott White

President Obama's nomination of Dr. Jim Yong Kim is receiving immediate reaction in the global media as an inspired and surprising choice. It is indeed both.

Of Jim Yong Kim, Innovation and the World Bank

Muhammad H. Zaman | Posted 05.25.2012 | World
Muhammad H. Zaman

I want to see a World Bank that emphasizes the fundamental values of dignity, poverty alleviation and human development -- the core values that define Jim's academic and research profession.

Breaking Glass Ceiling Against Compassionate Expertise, Obama Taps Jim Yong Kim to Lead World Bank

Robert Naiman | Posted 05.23.2012 | World
Robert Naiman

President Obama has nominated Jim Yong Kim, a physician who has been a leader of efforts to extend access to health care in poor countries, to lead the World Bank. This is a huge, historic victory for justice.

Revisiting Senegal After 40 Years

Michael A. Cohen | Posted 05.23.2012 | College
Michael A. Cohen

Working in this space between theory and practice trains students -- and citizens -- to ask better questions about what government is doing, what it can do, and how students can themselves become responsible agents of change.

WATCH: Obama's World Bank Nominee Can Spit Fire

Posted 03.23.2012 | Business

The World Bank may have at least 99 problems, but its leader's ability to spit rhymes will not be one. Jim Yong Kim, the man President Obama has t...

Yay! Summers Not Nominated

The Huffington Post | Mark Gongloff | Posted 03.23.2012 | Business

That collective sigh you hear is mass relief that Larry Summers will not be the next World Bank president. In fact, the actual U.S. nominee, Dartmo...

For My Mother: Don't Let Larry Summers Lead the World Bank

Robert Naiman | Posted 05.22.2012 | World
Robert Naiman

I think a basic job requirement of leading a major international development institution is that you have an expansive view of human potential. I think the record shows that Larry Summers does not meet this standard, and therefore he is not qualified to lead the World Bank.

What Can We Learn From Islamic Finance?

Otaviano Canuto | Posted 05.22.2012 | World
Otaviano Canuto

In over 70 countries, from financial centers in Malaysia to the Middle East, Islamic finance has been growing rapidly around the world.

Obama: Don't Nominate Summers to Lead the World Bank

Nita Chaudhary | Posted 05.22.2012 | Politics
Nita Chaudhary

Choosing Larry Summers would be a mistake, one that could shortchange millions of women and girls all over the world.

Jeff Sachs Is the Best Choice for President of the World Bank

Laurence J. Kotlikoff | Posted 05.22.2012 | World
Laurence J. Kotlikoff

President Obama should appoint Jeff Sachs President of the World Bank. Jeff is, without doubt, the world's top development economist.

Under-reported: Man-Bites-Dog Story of Global Poverty

David Tereshchuk | Posted 05.21.2012 | Media
David Tereshchuk

There is some really good international news that's evading our close attention, even though Goldman's top Asset Management executive, Jim O'Neill, has been eager this week to tell anyone who will listen.

How Developing Nations Are Challenging The U.S.

Reuters | Posted 05.20.2012 | Business

(Adds details) By Lesley Wroughton WASHINGTON, March 20 (Reuters) - Nigerian Finance Minister Ngozi Okonjo-Iweala and f...

The Summers of Our Discontent

Robert Weissman | Posted 05.20.2012 | Politics
Robert Weissman

It's hard to imagine the Obama administration is on the verge of making a similarly outrageous pick to head the Bank, but that seems to be the case. What's the matter with Larry?

With Larry Summers' World Bank Bid in Trouble, Mexico Insists on Open Process

Robert Naiman | Posted 05.19.2012 | World
Robert Naiman

President Obama should ask Geithner for a completely new short list, one with three real candidates who all want the job, and all of whom can pass muster with the member countries of the World Bank.

Israel: Palestinian Economy Not Ready For Statehhood

AP | Posted 03.18.2012 | World

JERUSALEM -- An Israeli government report says the Palestinian Authority is not economically stable enough for statehood. The report is set to be pre...

Jeff Sachs Shaking Up The World Bank Already

Mark Gongloff | Posted 05.16.2012 | Business
Mark Gongloff

Jeffrey Sachs would like to be your World Bank president. It's probably not going to happen, for better or worse. But simply by asking for the job, Sachs has already done the World Bank a service.

Brazil Could Have an Impact by Supporting Sachs' Reform Candidacy for the World Bank Presidency

Mark Weisbrot | Posted 05.15.2012 | Politics
Mark Weisbrot

Poor countries such as Kenya and East Timor have risked punishment from Washington by nominating Sachs; Brazil is much less vulnerable and will have much more impact if it supports the first independent, qualified candidate for the job.

Euro Area Sovereign Debt Crisis: Putting the House in Order

Otaviano Canuto | Posted 05.15.2012 | World
Otaviano Canuto

Restoring competitiveness and a sustainable fiscal position in countries like Greece will require governments to undertake sustained and deep structural reforms for years to come.

Choosing the Next President of the World Bank

Patrick Sharma | Posted 05.14.2012 | Business
Patrick Sharma

Robert Zoellick's recent announcement that he will step down as president of the World Bank in June has cast new light on an old problem: who should lead the Bank and how should he or she be chosen?

World Bank: Drastic Reformer Needed to Right a Failing Agenda

Matthew Kavanagh | Posted 05.12.2012 | Politics
Matthew Kavanagh

Whomever is going to run the World Bank next should pledge some dramatic changes -- changes that might actually bring the Bank in line with its proclaimed mission of ending global poverty.