Posts Tagged ‘world bank’

Opinion | Mar. 24 10:43 am EST
SACHS

What World Bank nominations say about Columbia—part II

Yesterday, I wrote about the international media’s interest in Jim Yong Kim, Dartmouth College president and Obama’s nominee for World Bank president.

Today, I want to comment on Jeffrey Sachs’ unconventionally public campaign for the World Bank presidency.

Just to recap:

On March 1, Jeffrey Sachs nominated himself for the position. Today, President Obama nominated Dartmouth College President Jim Yong Kim instead. Hours after news broke, Sachs withdrew his candidacy to throw his support behind Kim.

Knee-jerk reactions about Obama’s constant ploy to spite Columbia aside, much of the coverage I have seen in national and international media has brought two genuine and Columbia-relevant concerns to mind.

1. Administrator personalities.

2. How we should think of Jeffrey Sachs? More »

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Opinion | Mar. 23 9:50 pm EST
Jim Yong Kim

What World Bank nominations say about Columbia—Part I

AllThingsD/Youtube

The search for the next president of the World Bank would normally fall outside of Spectator’s purview. The Bank’s headquarters are located in Washington, D.C., not Morningside Heights. The department of economics probably spends a lot of time disagreeing about how effectively its loans reduce poverty in the developing world—while that might make for an entertaining office dynamic on the 10th floor of IAB, there is little else that might concern the average Columbia undergraduate.

But on March 1, Jeffrey Sachs nominated himself for the position. Today, President Obama nominated Dartmouth College President Jim Yong Kim instead. Hours after news broke, Sachs withdrew his candidacy to throw his support behind Kim.

Knee-jerk reactions about Obama’s constant ploy to spite Columbia aside, much of the coverage I have seen in national and international media has brought two genuine and Columbia-relevant concerns to mind.

1. Administrator personalities.
2. How we should think of Jeffrey Sachs? More »

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Spectrum | Mar. 23 5:15 pm EST
No luck for sachs

Updated: Jeffrey Sachs overlooked by Obama but Ocampo still in the hunt

President Obama’s back in news that’s relevant to Columbia. However, today’s news has got nothing to do with the sensitive subject of his travel plans for the month of May.

Jeffrey Sachs, a Columbia professor and director of the Earth Institute, had made his desire to be the next leader of a famous institution public: “I am seeking to be President of the World Bank so that together we can end extreme poverty in our time,” appeared on the Jeffrey Sachs Facebook page last week, with a link to his op-ed in the Washington Post.

However, Sachs will not be the next head of the international finance institution that aims to assist developing countries. The POTUS made headlines today by selecting Dartmouth’s President Jim Yong Kim as the US’ choice to lead the World Bank. One of the two other contenders is Jose Antonio Ocampo, a SIPA professor. Check after the jump for more on the three candidates (including a video of Kim that you won’t want to miss) and reaction to the news.
More »

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