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A Champion of the Poor to Lead the World Bank

The following is a guest post submitted by Mark Schuller, Assistant Professor, African American Studies and Anthropology Department of Social Sciences York College, City University of New York. The piece is written by Philippe Bourgois, Richard Perry University Professor of Anthropology and Family & Community Medicine, University of Pennsylvania and Luke Messac, MD/PhD student, University of Pennsylvania

For many European and American citizens the World Bank is a peripheral institution, rarely felt and barely understood. But in impoverished developing countries, the Bank has exerted a tremendous influence over national budgets profoundly altering the survival strategies and basic life chances of the poor majorities of those nations.  As a hegemonic voice in development economics, the World Bank is a felt–and often feared– presence in the lives of the world’s most destitute.  Too often, this well-heeled international lender’s imposition of “structural adjustment reforms” has backfired, harming more than helping the poor.  This month’s election of a new World Bank President is an unparalleled opportunity to refashion the Bank into the effective instrument to eradicate global poverty it was meant to be. No one is better equipped to lead this mammoth undertaking than Dr. Jim Yong Kim, President Obama’s nominee to lead the World Bank. Continue reading

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