President George Bush has nominated former deputy secretary of state, Robert Zoellick, to be president of the World Bank. This nomination will first need to be considered by the 24 member board of governors. The President believe the former deputy is fit for the job because, "He has earnedthe trust and support of leaders from every region of the world" said the President.
Some have gone to say though that he doesn't haev enough significant experience in econmic development with poor countries. It is said to be known that the World Bank would be completing a dark chapter with the step down of current President of the World Bank, Paul Wolfowitz, in late June. So I too don't believe it would be a smart move to put anyone in this position if there were any doubt what so ever. Only experience that has been shown has been former chief aide of Condoleezza Rice, and an es US trade representative. Right now he is currently executive at the investment bank, but still not the experience really suitable for this job in particular.
Wednesday, May 30, 2007
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