Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,148,866 members, 7,802,785 topics. Date: Friday, 19 April 2024 at 09:32 PM |
Nairaland Forum / Nairaland / General / Politics / World Bank Presidency: Obama Rejects Iweala Nominates Jim Yong Kim (12224 Views)
African Development Bank Presidency: 5 Serving Ministers, 3 Others Contest / President Of World Bank, Jim Yong Kim, Commends D'banj / Buhari Endorses Akinwunmi Adesina For African Development Bank Presidency (2) (3) (4)
(1) (2) (3) (4) (Reply) (Go Down)
Re: World Bank Presidency: Obama Rejects Iweala Nominates Jim Yong Kim by trueword: 1:30am On Mar 24, 2012 |
The title for this thread makes it seem like Iweala was the only candidate that was being nominated. The other person from South American was also nomiated as well. And it's not like she was seeking the job, other countries wanted her to get the job. I would prefer for her to remain in Nigeria's Finance Minister. I would rather have her putting her energy toward cleaning up Nigeria than worrying about World Bank. I don't see the substantial benefit the average Nigerian would have gotten from her being World Bank President. At least as Finance Minister she can suggest policies and do other things to move Nigeria forward. Then again it would be history for an African woman to head the world bank. Nigerian's can be their own worst enemy. Instead of supporting their own countrywoman, you have people her rubbishing her and trying to argue why she shouldn't be world bank president. If many countries are nominating her, then she is obviously qualified for the job. The person nomiated by Obama is not even an Economist. I would think you would want someone with some Economic or Financial background running the world bank. Then again it may depend on the specific role that the president plays. |
Re: World Bank Presidency: Obama Rejects Iweala Nominates Jim Yong Kim by aljharem(m): 1:43am On Mar 24, 2012 |
Interesting to see Nigerians angry at one of their own. Yes Iweala is corrupt but I still fail to see why we can not support her ? One person made a point, I think it was Machy1234 and said something about "if we keep pulling our own down, others would not help us pull them up". You all, I can categorcally tell you that Iweala is not as bad as Etta or Alison. Although looking at it from a political point of view, it might seem that their is a policy the world want to push on another Nigerian, so as to blame her if things go wrong. My advice for Iweala is to allow Allah take control of the issue. |
Re: World Bank Presidency: Obama Rejects Iweala Nominates Jim Yong Kim by Kobojunkie: 1:54am On Mar 24, 2012 |
trueword: The person nomiated by Obama is not even an Economist. I would think you would want someone with some Economic or Financial background running the world bank. Then again it may depend on the specific role that the president plays. You don't need to be an economist to run the WorldBank. There has been talk that it would probably be better to have someone from outside run the bank, rather than another finance person who only thinks of the money and not much else. I believe IMF already serves the purpose of helping countries manage their finances. |
Re: World Bank Presidency: Obama Rejects Iweala Nominates Jim Yong Kim by musiwa46: 2:34am On Mar 24, 2012 |
jim young kim should be the world bank president. i support that decision. he is a smart man. obama was smart taking that decision. they is nothing like race in this. obama is black like ngozi iweala, and if obama picked a korea over a black woman. he must see that this man is good. everything is not color. we have to be color blind . you people are been emotional because iweala is black... you are a racist. stop been a racist. |
Re: World Bank Presidency: Obama Rejects Iweala Nominates Jim Yong Kim by Nobody: 3:53am On Mar 24, 2012 |
musiwa.:This is the only time I would have to say you impress me with your post! |
Re: World Bank Presidency: Obama Rejects Iweala Nominates Jim Yong Kim by GboyegaD(m): 4:50am On Mar 24, 2012 |
fm7070: Obama cannot dictate for the entire world. That is it. She could not advise her president well and you want her to sit on world finance. Western world do not believe in the sentiments you believe in as seen in your post. If you say she has tried for the country what are her achievements? Need I remind you that the amount paid as subsidy has reduced yet the FGN budgeted N888bn for subsidy in this financial year? |
Re: World Bank Presidency: Obama Rejects Iweala Nominates Jim Yong Kim by GboyegaD(m): 4:53am On Mar 24, 2012 |
alj harem: Are you suggesting we continue to live in the deceit that had beclouded us all this long If we are to go by the bolded part, we need not support corruption because she is Nigerian as that simply translates to we support the ongoing corruption in the country. There is no need sitting on the fence. |
Re: World Bank Presidency: Obama Rejects Iweala Nominates Jim Yong Kim by collinsfbi(m): 6:09am On Mar 24, 2012 |
afam4eva: But ironically, she's Nigeria Prime Minister. Gbamm over and out |
Re: World Bank Presidency: Obama Rejects Iweala Nominates Jim Yong Kim by collinsfbi(m): 6:19am On Mar 24, 2012 |
Nnenna1: I don't care whatever it turns out to be but I will never support evil all in the name of tribalism or Nigerian. I even pray she wins so that she leave Nigeria because she's not the messiah we thought she would be. Gbamm over and out |
Re: World Bank Presidency: Obama Rejects Iweala Nominates Jim Yong Kim by Callotti: 6:20am On Mar 24, 2012 |
He is smart. He can see through her. Good news. I would not nominate her if it were up to me. If she gets it. . .goodluck to her. |
Re: World Bank Presidency: Obama Rejects Iweala Nominates Jim Yong Kim by Kobojunkie: 6:31am On Mar 24, 2012 |
collinsfbi: She may not be the messiah you were praying for but are you sure you want her to leave? I mean if she does, who else is left? Aganga, who many on here equally praised and promoted to role of messiah but have now realized is just another worker who cannot do magic? You forget that Iweala was sold to Nigerians as the Ace in the hole for this administration . . Jonathan Goodluck even went as far as to appoint her supervisor over all the other ministers. If she leaves, who do you have left? Jonathan Goodluck himself?? lol |
Re: World Bank Presidency: Obama Rejects Iweala Nominates Jim Yong Kim by collinsfbi(m): 6:39am On Mar 24, 2012 |
Big B1: I can not blame Obama. He has made the right move. It is now left to you people to check yourselves and make necessary adjustments. God bless your heart of sincerity and your mind of honesty. Gbamm over and out |
Re: World Bank Presidency: Obama Rejects Iweala Nominates Jim Yong Kim by olamsaheed: 7:03am On Mar 24, 2012 |
[/color][color=#000099]"She has failed to be an advocate for ordinary Nigerians and did little or nothing to push the Jonathan regime to cut governmental waste and to combat corruption." True talk Mr Obama. He that can not accomplish a small task should not be saddled wt a big one. |
Re: World Bank Presidency: Obama Rejects Iweala Nominates Jim Yong Kim by BBDelta(m): 7:17am On Mar 24, 2012 |
buty: I agree she has done little or nothing forr the ordinary Nigerians, corruption Iڪ still @ its peak Who is an ordinary Nigerian?? What makes any other person an extra ordinary Nigerian Sometimes I ditest our use of words. |
Re: World Bank Presidency: Obama Rejects Iweala Nominates Jim Yong Kim by Kobojunkie: 7:24am On Mar 24, 2012 |
BBDelta:The ordinary Nigerian happens to be one of the over 120 million poor people who inhabit the country called Nigeria. They make up the majority in this democracy. |
Re: World Bank Presidency: Obama Rejects Iweala Nominates Jim Yong Kim by collinsfbi(m): 7:49am On Mar 24, 2012 |
Kobojunkie: If indeed NOI was sold to Nigeria as you claimed then Goodluck bought Badluck to manage Nigeria and that is why Nigeria is experiencing counter-affliction right now. Imagine badluck working for gooluck, what do u expect to be the end result? You can suggest the outcome yourself. Gbamm over and out |
Re: World Bank Presidency: Obama Rejects Iweala Nominates Jim Yong Kim by pistol: 7:56am On Mar 24, 2012 |
I doubt if she is going to get d job..Wonder why southafricans are the arrowheads spearheading her election for worldbank presido.Sounds fishy. |
Re: World Bank Presidency: Obama Rejects Iweala Nominates Jim Yong Kim by ojubi(m): 7:56am On Mar 24, 2012 |
Obama has no final say in in all things. The last time i checked, he was @ the front, campaigning for his home US state to host the olympics. He failed woefly. So that he does not support Iwala does not mean that she ll neccesary fail. If not for anything atleast for once american strong hold @ the prestigeous bank has been challanged. He even has to run to someone that was born outside the US. Kudos to emerging economies. |
Re: World Bank Presidency: Obama Rejects Iweala Nominates Jim Yong Kim by unclenna(m): 11:34am On Mar 24, 2012 |
Obama taps public health expert for World Bank By Lesley Wroughton | Reuters - 10 hrs ago WASHINGTON (Reuters) - President Barack Obama on Friday nominated a Korean-American known for his work in fighting disease in impoverished countries to lead the World Bank, a job emerging economies are contesting for the first time. Jim Yong Kim, 52, is president of Dartmouth College, an Ivy League school in New Hampshire, and former director of the Department of HIV/AIDS at the World Health Organization. Despite the challenge from emerging nations - Nigerian Finance Minister Ngozi Okonjo-Iweala and former Colombian finance minister Jose Antonio Ocampo were also nominated - the United States is expected to maintain its grip on the job, which it has held since the bank was founded after World War Two. "He's worked from Asia to Africa to the Americas - from capitals to small villages," Obama said. "His personal story exemplifies the great diversity of our country and the fact that anyone can make it as far as he has as long as they're willing to work hard and look out for others." The choice came as a surprise. Washington's past picks for the World Bank presidency have had more standing in political circles and Kim's name had not surfaced in several media reports on potential nominees. Okonjo-Iweala, a respected economist and diplomat, is likely to draw support from many emerging nations that want to see the bank focus more on helping their economies develop and less on traditional poverty-fighting aid. Her backing by Angola, Nigeria and South Africa was a rare example of unity among countries often at loggerheads. Ocampo's nomination by Brazil also signaled the desire of emerging markets to have a competitive process as they move to try to upend the tradition of always having an American lead the World Bank and a European lead the International Monetary Fund. The bank's current president, Robert Zoellick, steps down at the end of June. "You will see more of a debate, an assessment of the merits of the different candidates and the direction of the bank," said Arvind Subramanian, a former IMF official. "It is not a slam dunk. It is not an obvious choice," he said of the U.S. nominee. Washington, however, retains the largest single voting share at the World Bank and can expect the support of European nations and Japan, the bank's second-largest voting member. Paul Farmer, a co-founder with Kim of the non-profit Partners in Health, which serves some of the world's poorest countries, said the nominee would bring to the post a real world understanding of poverty and a sense of purpose. "A lot of people who live in poverty in the world today feel that the World Bank has stalled and needs new vision," Farmer, the chairman of the Department of Global Health at Harvard University, told Reuters in Kigali, Rwanda. "One of his qualities is that boldness of vision." ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^> NARROWING THE FIELD U.S. economist Jeffrey Sachs, who had been put forward for the job by a group of small countries, withdrew and threw his support to Kim. He had cast his uphill candidacy as an effort to break Washington's penchant for political appointments. A Canadian government source said Canada would back Kim and South Korea, his boyhood home, also signaled its support. But India said it wanted to consult the other so-called BRICS countries - Brazil, Russia, China and South Africa - before deciding, and Mexico also said it was keeping an open mind. The rise of emerging economies such as China, India and Brazil has put pressure on the United States and Europe to throw open the selection process for both the bank and the IMF. Last year, all of the bank's 187 member countries agreed on a transparent, merit-based process. The World Bank board of member countries has promised to make a decision by the time of the IMF and World Bank semi-annual meetings on April 21. U.S. Secretary of State Hilary Clinton and Treasury Secretary Timothy Geithner advocated for Kim's nomination, White House spokesman Jay Carney said, adding that a number of candidates were considered, but not all were interested. CHALLENGES AHEAD The new World Bank chief will take over at a time when the euro zone's debt crisis is weighing on the global recovery, undercutting demand in the poorer nations that often rely on funding from the bank. He or she will have to decide how best to deploy resources in a budget- cutting environment in which large bank shareholders, such as the United States, are demanding results, transparency and greater efforts to tackle corruption. In the end, the choice may come down to political horse trading. Russia has refrained from publicly backing a non- U.S. candidate and has instead called for a greater role for emerging market countries in other top positions at global financial institutions. World Bank board sources have said a deal could arise in which developing and emerging economies win the top post at the bank's private-sector lender. Kim, who holds both an M.D. and a Ph.D. from Harvard University, led a World Health Organization initiative that is credited with providing access to HIV treatment to millions of people in developing countries. Dartmouth faculty gave Kim generally high marks, saying he dealt ably with the school's impaired balance sheet in the wake of the financial crisis. However, in February, 105 faculty called on him to do more to combat hazing after a student detailed abusive practices. Some students faulted Kim for focusing too heavily on post-graduate programs to the detriment of undergraduate studies and using Dartmouth as a platform for higher aspirations. "From the first year he got here there was a pretty general consensus that he was using Dartmouth as a stepping stone to get to something bigger," said Kurt Prescott, a 21-year-old senior. (Writing by Lesley Wroughton and Tim Ahmann; Additional reporting by Stella Dawson, Mark Felsenthal and Glenn Somerville in Washington; Choonsik Yoo in Seoul, Stella Mapenzauswa in Johannesburg, Randall Palmer and David Ljunggren in Ottawa, Jason McLure in Hanover, New Hampshire, and Graham Holliday in Kigali, Rawanda; Editing by Timothy Ahmann, Leslie Adler, Dan Grebler and Andre Grenon) |
Re: World Bank Presidency: Obama Rejects Iweala Nominates Jim Yong Kim by silvernus0: 2:01pm On Mar 24, 2012 |
BIGER BOY: I welcome you all back from your daydreaming that, that crucial job will be given to an African at this turbulence economic times for the west.i see why low mindedness keeps u a same spot year in year out ?? |
Re: World Bank Presidency: Obama Rejects Iweala Nominates Jim Yong Kim by Nobody: 4:11pm On Mar 24, 2012 |
what? I just agree with u buffy |
Re: World Bank Presidency: Obama Rejects Iweala Nominates Jim Yong Kim by musiwa46: 4:24pm On Mar 24, 2012 |
hmm |
Re: World Bank Presidency: Obama Rejects Iweala Nominates Jim Yong Kim by musiwa46: 4:59pm On Mar 24, 2012 |
good |
Re: World Bank Presidency: Obama Rejects Iweala Nominates Jim Yong Kim by dekung(m): 6:32pm On Mar 24, 2012 |
Where is GEJ and his co lobbyists? Maybe he should go and lobby Obama like he lobbied for Dickson in Bayelsa and Tukur in PDP chairmanship |
Re: World Bank Presidency: Obama Rejects Iweala Nominates Jim Yong Kim by BlackPikiN(m): 6:37pm On Mar 24, 2012 |
alj harem: You gworo chewing nama! can you prove this or you just shut your dirty mouth! |
The First Clueless Statement Of Buhari / Appeal Court: Faulty Card Reader Can’t Invalidate An Election / Lai Mohammed Mourns Ras Kimono, Calls Him Unforgettable Reggae Giant!!
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 66 |