tag:blogger.com,1999:blog-19649274.post1715497382609558413..comments2024-03-27T17:16:12.789+05:30Comments on The Leap Blog: Why Ngozi Okonjo-Iweala should be the next head of the World BankAjay Shahhttp://www.blogger.com/profile/03835842741008200034noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-19649274.post-44584462103338927912012-03-25T23:47:48.642+05:302012-03-25T23:47:48.642+05:30I read somewhere, that (even in today's day an...I read somewhere, that (even in today's day and age) World bank belongs to the United States and the IMF to the Europeans. <br /><br />As much as one dislikes it. they do rule the (economic) world ! <br /><br />So yes, while Ngoz may be a better candidate for the world bank, in your opinion. <br /><br />In my opinion, Jim is not a bad choice. more so since I dont think the head of the world bank can decide anything against the domestic political master of US of A, even if on the face of it, world bank is an international body !!<br /><br />SaurabhAnonymoushttps://www.blogger.com/profile/16534791015270289505noreply@blogger.comtag:blogger.com,1999:blog-19649274.post-59125460640804143792012-03-25T11:36:39.620+05:302012-03-25T11:36:39.620+05:30I don't know why there is so much hue and cry ...I don't know why there is so much hue and cry over Western dominance of the IMF and World Bank, when it is only commensurate with the source of funding. Yes, the income of these institutions does come from loans in developing countries, so, its not just a matter of source of funding. But, even allowing for that, it should not be surprising. The better question to ask is, why are Western countries still the majority sources of funds in this day and age? And, the goal of Nigeria should be to use the talents of Ngozi to remove dependence on the World Bank. I'm pretty sure the role of the World Bank can only be minor to what Nigeria can do for themselves, if they want to, that is. Its not tough for a developing country to attract funds these days. There is just a staggering sense of entitlement going around everywhere one looks - in developed countries its about social security and in developing countries its about access to markets, technology and institutions of developed countries.Anonymousnoreply@blogger.com