Lant Pritchett

Lant Pritchett is professor of the practice of international development at the Kennedy School of Government at Harvard University

Recent Articles

Not World Bank of America

The process for selecting the leader of the international finance organization should give the rest of the world a say.

(Courtesy of the World Bank)

Americans committed to development and to the U.S. playing a positive role on the global stage should encourage President Barack Obama to announce his support for an open, transparent, and meritocratic process in selecting the next leader of the World Bank. In the past, other countries have simply deferred to the U.S. to nominate a new head, whose selection was then followed by a pro forma up-or-down vote by the World Bank’s board. The U.S. has now nominated Dr. Jim Yong Kim, currently president of Dartmouth. In part because of the disastrous consequences of Bush ramming through Paul Wolfowitz, who later was forced to resign, other countries put forward nominees, including the Africans also put forward a nominee: Ngozi Okonjo-Iweala.