by Reb Akiva @ Mystical Paths
(Excerpted from UPI, with edits and additions) President Barack Obama's nominee to lead the World Bank is facing criticism for being "anti-growth,"… The nominee, Jim Yong Kim, currently the president of Dartmouth College, wrote in the introduction of a book he co-edited that, "The studies in this book present evidence that the quest for growth in gross domestic product and corporate profits has in fact worsened the lives of millions of women and men."
The book, published in 2000, was entitled, "Dying For Growth: Global Inequality and the Health of the Poor,"…
"Dr. Kim would be the first World Bank president ever who seems to be anti-growth," … "Even the severest of World Bank critics think that economic growth is what we want," Easterly said.
The U.S. nominee, which by understanding is always the one given the job (as Europe gets, by understanding, to nominate the director of the International Monitary Fund), has no economic or banking background. Rather, Dr. Jim Kim is an anthropologist and a physician with a degree from Harvard Medical School, and served as director of the World Health Organization's Department of HIV/AIDS.
"Jim has spent more than two decades working to improve conditions in developing countries around the world," Obama said last week in announcing Kim's nomination. "The World Bank is one of the most powerful tools we have to reduce poverty and raise standards of living around the globe, and Jim's personal experience and years of service make him an ideal candidate for this job."
One might think that, to be effective, one would assign a banker or economic to the job of running a world development bank.
Alternatively one could assign an anti-growth demagogue.
Wonder how that will work out.