Stand Up for "Doing Business"; The World Bank  

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Jenis: Article from Bulletin/Magazine
Dalam koleksi: The Economist (http://search.proquest.com/) vol. 407 no. 8837 (May 2013), page 14-16.
Topik: Central Banks; Monetary Policy; Global Economy; Economic Growth; Politics

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Perpustakaan Pusat (Semanggi) Nomor Panggil: EE29.76 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada

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A year ago, when Jim Yong Kim was appointed president of the World Bank, this newspaper had doubts about the choice. Mr Kim, then head of Dartmouth College, was a health expert who had run innovative AIDS projects in poor countries, but had no background in economics or finance. He once wrote that the "quest for growth in GDP" had "worsened the lives of millions of women and men". For the boss of the world's premier development bank, this was a curiously sceptical view of what economic growth might do for the poor. Mr Kim has since assuaged some of those doubts. He has focused the bank on eliminating extreme poverty and has promised that the sprawling organisation will be more "scientific" in delivering its services. But a big test lies ahead: a showdown over the "Doing Business" report, one of the bank's most successful research products, but one which some shareholders would like to see watered down or scrapped. How Mr Kim handles this will show whether he understands the importance of growth, has a sensible idea of the bank's role in supporting it--and is a strong leader or a supine one.

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