The Preferred Choice |
The Imposed Choice |
On
Friday, one of the top candidates by the name Jose Antonio Ocampo withdrew from
the race for what he called ‘highly political’. He said the race has turned
highly political with the influence of the United States in the search for the
proper candidates. He was further of the opinion that the developing nation
should rally behind Nigerian Finance Minister Ngozi Okonjo Iweala
Iweala
is now the only candidate from developing nation as against Obama nominated candidate
Jim Yong Kim (a Korean-American Health Expert). According to Thomas Bollyky,
the United States had influence or control over who gets to lead the World Bank
and that is the reason behind Obama’s nomination.
On
the other hand the emerging countries such as Angola, South Africa and Nigeria
have endorsed the candidacy of Iweala based on her qualifications, experience
and the need to have a president from a developing nation.
On
comparison, Iweala seems more qualified for this position than Jim, as she has
more financial background and past experience in this area than Jim. That is,
Iweala has institutional knowledge having worked with World Bank, experience in
development economics and public finance while Jim has credible achievement in
public health without substantial finance and economic credentials.
Like
the majority, Jose Antonio Ocampo also gave his support to Ngozi Okonjo-Iweala
and wishes her best of luck in the final stage.
According
to Financial Times, which also endorsed the candidacy of Okonjo-Iweala, stated
that “In this less than ideal world, Mr Kim’s appointment seems inevitable. But
if the Bank’s shareholders wanted the best president, they would opt for Ms
Okonjo-Iweala.”
We
also wish Ngozi Okonjo-Iweala best of luck as the board picks the president tomorrow.
signature: d'prince
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