World Bank

World Bank on the 16th in the dispute to stick with Kim Yong, the Korean American medical experts for the World Bank's new governor, and continued the Americans up to 67-year monopoly on this post.



Medical experts as the governor is questioned



For most people, this is a strange name, that the Chinese translation of his name first appeared several distinct translation, Kim Yong Yong Kim, Jim Yong Kim, and finally the World Bank to a unified Chinese name "Jin Yong". Compared to Kim Yong-called never been mentioned in the "dark horse" candidate after the famous U.S. Secretary of State Hillary Clinton, the former White House economic adviser Larry Summers.



52-year-old Kim Yong is currently the president of Dartmouth College, Previously, he was a physician, but also an anthropologist, a former World Health Organization HIV / AIDS Department.



The Wall Street Journal reported that Kim Yong has admitted to university presidents in office three years ago, know nothing about hedge funds. Catching two days after the president of the financial aspects of the curriculum.



In comparison, the World Bank president and his campaign for Nigeria Finance Minister Ngozi Okondo Joe · Yiwei La and former finance minister of Colombia José Antonio Ocampo, are recognized as quite prestigious economic scientists, but their advantage has failed into a winning situation, because they are not a U.S. citizen.



US-European duopoly monopoly began to loosen



Kim Yong White World Bank does have its advantages, but more importantly, he's standing behind the United States. Countries with veto power as the only World Bank, the Americans to occupy the post of governor, power has never changed hands



67 years since the founding of the World Bank and International Monetary Fund (IMF), World Bank president has been followed by an American, the IMF Managing Director in consultation internally by the European powers and paries practice.



Yiwei La on the 16th talking about the campaign, said: "This thing is not really merit a decision, the entire vote is heavy political weight and the right to vote the decision."



Prasad, a professor of trade policy at Cornell University, said: "Although the old order once again to win, this could be their last hurray."



Three past Chief Economist and Senior Vice President recently co-author, urged the U.S. government to terminate the monopoly of the Bank's global agency heads, select the program, because such a monopoly is outdated. They believe that, taken in an open, efficient, open selection process for candidates from developing countries clearly the time has come.



They stressed that: has been close to developing countries in global economic output contributed half of the time they have been the driving force of global economic growth, more importantly, represents the world's total population of 7 billion in 60 developing countries billion people. "



Kim Yong need to show the courage of a radical reform



Reform-minded Kim Yong after I won Obama the nomination show quite makes us look forward, he recently wrote an article, said he was committed to building a more inclusive, sensitive, open the World Bank also pledged to increase the vote of the developing countries rights.



Source reflects the international economy since the Bretton Woods Conference in 1944 the World Bank Europe and the United States as the dominant pattern. However, with the drastic changes of the world economy and international financial landscape, in China, India, Brazil and other representatives of developing countries and emerging market countries in the world economy increasingly play an important role, the Bank's shares and voting rights of these countries with their the economy has increased very does not match the urgent need for reform.



Recently, Kim Yong Zeng emphasized that the World Bank World Bank, and now to the moment to prove his actions

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