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.
The international development community is abuzz over President Obama's decision to nominate Dr. Jim Yong Kim to president of the World Bank. Yet it is striking how little attention has been paid to what, exactly, he should do over the coming years.
Banks must be managed properly. We know what happens when they are not. The United States has put its best foot forward by nominating the impressive Jim Yong Kim as World Bank president.