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View Diary: Meet President Obama's pick for World Bank: Dr. Jim Yong Kim (111 comments)

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  •  Bullshirt. (8+ / 0-)

    What Kim had done very definitely involves working with politicians, education, poverty mitigation, etc, etc.  And he did it all with next to no money, and working in the very poorest communities.
    You simply don't know enough about this mans work to have this opinion.  Please read Moumtains Beyond Mountains by Tracy Kidder.

    •  Ok ... (0+ / 0-)

      Kim's accomplished a lot ... so have other people who've been nominated for the job.

      Here's what Felix Salmon says:

      That said, I very much doubt that Kim would stand a remote chance of getting the job in an open and merit-based competition. He has little if any experience dealing with countries at the head-of-state level, and the Bank has historically not been an organization with a particular focus on health initiatives. Cast your mind back just a few days, to when François Bourguignon, Nicholas Stern and Joseph Stiglitz published a piece in the FT calling for the best-qualified candidate to get the job: here are the criteria they listed.

          Criteria for shortlisting candidates could be similar to those listed by the IMF board in the procedure that led to the appointment of Christine Lagarde: distinguished record as an economic policymaker, outstanding professional background, familiarity with banking and finance, diplomatic and managerial skills. In the case of the World Bank, solid knowledge and experience of development policy should be added to this list.

      Kim has the requisite development-policy background, and also an outstanding professional background, but he’s not a banker, an economist, or a diplomat. It’s also worth looking at his nomination in the light of the stated reason why the head of the World Bank should be an American

      •  This is essentially an argument (4+ / 0-)

        To hire the same kind of people, with the same qualifications as every other WB head.  Maybe we need to change that up?   Maybe try someone wwho will come at this from a different perspective.  Someone whose focus has been on effectively and competently HELPING people, instead of someone entirely focused on the bottom line of helping rich people get richer?

        •  Passion, Profile and Experience ... (0+ / 0-)

          You need all three to succeed. Dr. Kim has the passion and deep experience in some aspects of the job.

          But he may lack the profile and banking/finance experience needed to head up the World Bank.

          Change is important -- The best change up we could have is to have someone qualified coming from a developing country sit on top an organization that tells developing countries what to do.

          When a great pick with Passion, Profile and Experience like Nigeria's Ngozi Okonjo-Iweala is available, why settle for less?

           That's my only point.

      •  Utter BS (5+ / 0-)

        I originally come from a developing country that bore the brunt of the World Bank/IMF's disastrous Structural Adjustment policies that were hailed as groundbreaking but came at horribly social costs. Bankers and macro-economists are precisely why the World Bank and its IMF twin have FAILED developing countries.

        The policies thus far have failed to account especially for the livelihoods of people of the Developing World precisely because the policymakers have zero knowledge about the vast swath of these economies that do not fit into conventional economic models, especially the INFORMAL SECTOR.

        And in the last decade the stupid focus on "Good governance-before-Assistance" is dispensed has resulted in the distorted focus on elections as shorthand for real democratic reform.

        So don't tell me that Stiglitz et al recommendations would be better than someone who has textured experience at the granular level in developing countries.

        if you don't know, public health is a core development issue that saps the bulk of the budgets and human resource of Developing countries.

        "What the cynics fail to understand is that the ground has shifted beneath them." -- Pres. Obama (1/20/2009)

        by zizi on Fri Mar 23, 2012 at 01:39:45 PM PDT

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        •  Great comment zizi, cogent and concise. (1+ / 0-)
          Recommended by:

          An understanding of developing countries' needs as fundamentally different than what WB economists have wanted (pretended?) to believe, is exactly what this position needs.

          Also, I think there is a vision versus wonk ability in this decision. Kim can put a really good economist, maybe one of the nominees from other countries, in the top VP role; giving the organization a really effective leadership team.

          Especially if they actually help the developing countries economically instead of giving cover for 1% vultures exploiting powerless people.

          I suspect this will turn out to be another of Obama's surprise successes.

          "People, even more than things, have to be restored, renewed, revived, reclaimed and redeemed; never throw out anyone. " Audrey Hepburn "A Beautiful Woman"

          by Ginny in CO on Sat Mar 24, 2012 at 12:40:01 AM PDT

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    •  Kim has a great resume and decent priorities but (2+ / 0-)
      Recommended by:
      Bronxist, RainyDay

      he seems more suited to head the world health org then the world bank

      What is it I do not understand about the Job of the head of the world bank???   Is this man suited for THAT Job?

      "Orwell was an optimist"

      by KnotIookin on Fri Mar 23, 2012 at 11:48:56 AM PDT

      [ Parent ]

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