Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Guardian - UK
The Guardian - UK
Business
Larry Elliott

It’s high time to rethink how the World Bank operates

Barbados's Prime Minister Mia Mottley.
Barbados's Prime Minister Mia Mottley. Some hope to persuade her to run for World Bank president. Photograph: Dante Carrer/Reuters

Wanted: a new president for the World Bank, a venerable global institution with a mission to eradicate poverty. The successful candidate will have a plan for tackling the crisis in human development caused by the global pandemic. Climate-change deniers and non-Americans need not apply.

By all accounts, the US has already made up its mind who it wants to run one of the two bodies established at the Bretton Woods conference in 1944. Rajiv Shah, who runs the Rockefeller Foundation and was formerly the head of the US agency for international development (USAID) is the hot favourite to take over from the departing David Malpass.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.