Buzzle.com: Washington Veteran Gets Nod for World Bank Post
Robert Zoellick - a diplomat to replace a hawk
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Washington Veteran Gets Nod for World Bank Post
The Bush administration - bruised by the fallout after the former Pentagon deputy was forced to step down after granting pay rises to his girlfriend - has turned to Robert Zoellick, an experienced Washington insider who served as Condoleezza Rice's number two at the state department and played a key role in the reunification of Germany in 1990. Sources within the World Bank said the announcement follows careful negotiations by the US Treasury secretary, Hank Paulson, with major governments, including Britain and Germany, in which Mr Zoellick's name was mentioned as the top choice. "It certainly could be worse. He's a solid appointment - he's not a former architect of the Iraq war," said Ken Rogoff, a former chief economist for the International Monetary Fund and a professor at Harvard University.
The US has selected the head of the World Bank since the institution was founded 60 years ago, while European governments have chosen the head of its sister organization, the IMF. Nancy Birdsall, president of the Center for Global Development, while praising Mr Zoellick's analytical skills and experience, said: "The question is whether other countries will be satisfied that he is indeed the best candidate, for example, whether he has the right management skills."
Labels: Robert Zoellick, World Bank
