I want to applaud and draw attention to an opinion piece by Mohamed El-Erian which appeared (amongst other places) on FD.nl. El-Erian points out, in the second part of the article, that the Nigerian Ngozi Okonjo-Iweala a (female) former Finance Minister and senior World Bank executive is far and away the most qualified candidate for the World Bank presidency. If El-Erian is correct, even the US administration are embarrassed by the fact that Okonjo is head and shoulders more appropriate as a new WB President than the Obama nominee, Dartmouth President Jim Yong Kim. The question is whether European countries have the guts and good sense to back the current groundswell swinging to Mrs Okonjo.
--Jan Cherim
The Hazard of Second Best | Het Financieele Dagblad
