Tag Archives: World Bank

Do all World Bank Presidents have money background

When I read about Secretary of State Hillary Clinton’s possible run for the World Bank Presidency one question immediately occurred in my mind – do all World Bank Presidents have money background? Hillary Clinton was member of the Board of Directors of Wal-Mart, a position that we rarely think of when we initially think of her, and one that is debatable as to whether it could be under the category of money background. We tend to think that leaders of organizations that deal with money – such as the World Bank Group, the International Monetary Fund and the World Trade Organization, for example – have business or bank experience, understand the economy, and that their background speaks for their expertise on how money should be spent. This article aims at answering the aforementioned question – do all World Bank Presidents have money background – and not the competency of the current President and previous Presidents. Continue reading

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Bad journalism? You decide (part three)

A Huffington Post news article speculates that Secretary of State Hillary Clinton might be running for President of the World Bank. The article adds that “The head of the IMF has always been a European and the World Bank presidency has always been held by an American.” Is the Huffington Post correct? Continue reading

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Filed under Books, Movies and Analyses, Life, Politics