Saturday, April 28, 2012

The World needs a World Bank

As a former Executive Director of the World Bank, 2002-2004, I assure you that more important than who is the president of the World Bank, is getting the world some representation there. The real problem of the World Bank is that, at its Board of Executive Directors, the world at large, and the human race, are not truly represented there, only geography bound parochial governmental interests are. 

If we are going to have a chance to rally support for such global critical issues as world-wide sustainability and job creation for our youth, I do believe we need some sort of World’s World Bank, and, a good start, just for starters, could be adding to the Board some independent voices who do not report to a government, or, much worse, to a single ideology. 

Would such a proposal be feasible? I haven’t the faintest! But, if we cannot get the human beings to cooperate and work as one, on some vital issues, across the borders, our chances of all humans making it are much reduced… and so let’s not kid ourselves.