Unveiling the True Power of the President of the World Bank
Ajay Banga has begun his mandate as the newly elected President of the World Bank. Several blogs and papers have been written offering advice on what his priorities should be. Most suggestions assume that the World Bank President's office is a very powerful lever that can significantly change the organization and have an impact in the developing world. However, compared to high expectations, the track record of recent World Bank Presidents has been frequently disappointing.
Source: cgdev.org