Gabriel Rozenberg, Economics Reporter
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The future of Paul Wolfowitz, the embattled President of the World Bank, was in further jeopardy last night after it emerged that the White House was drawing up a list of candidates to succeed him.
Most prominent on th list is Ashraf Ghani, the man credited with overhauling the economy of Afghanistan after September 11, The Times has learnt. Such an appointment would mark the first time a non-American has held the position in the 60-year history of the global lender.
Senior officials in the US Administration have noted that the White House is softening the tone of its support for President Bush's former Deputy Defence Secretary. They pointed yesterday to the silence of the Treasury Department and Henry Paulson, the Treasury Secretary, as an indication of the Administration’s attempt to distance itself from the man it parachuted into the job in 2005. Mr Wolfowitz appeared yesterday before a meeting of the World Bank’s 24-nation board, which is investigating whether he broke any rules in arranging a high-paying job at the US State Department for his partner, Shaha Riza, in 2005.
Publicly, the Administration continued to give him support yesterday. Dana Perino, Mr Bush’s spokeswoman, said that the board should be allowed to complete its inquiry. “As we’ve said before, the President has confidence in Paul Wolfowitz,” she said.
However, the multilateral lender increasingly appears paralysed by the allegations of scandal. This week Graeme Wheeler, one of Mr Wolfowitz’s two deputies, called for him to resign.
Mr Wolfowitz, who has said that he made a mistake and has apologised, repeated to officials yesterday that he had no intention of stepping down.
Mr Ghani would be a bold choice to head the World Bank, where he worked as a special adviser between 1991 and 2002. After the overthrow of the Taliban by the US-led coalition, he was the Afghan Finance Minister for two years, carrying out extensive reforms, including issuing a new currency, balancing the budget and overhauling the treasury’s systems.
Working at present as Chancellor of Kabul University, he was a candidate to replace Kofi Annan as Secretary-General of the United Nations last year but lost out to Ban Ki Moon, of South Korea.
Mr Ghani was described then as someone with a strong record as an administrator but who had a reputation for impatience. As well as the first non-American chief of the World Bank, he would also be the first Muslim in the job.
The appointment of Mr Ghani would mark another volte-face for Mr Bush, whose authority has shrunk since mid-term elections in November, which swept the Democrats to control of both houses of Congress. Since then Mr Bush has dismissed Donald Rumsfeld, his Defence Secretary, lost the confirmation fight to install John Bolton as Ambassador to the UN and is now defending Alberto Gonzales, the Attorney-General, from congressional calls for his resignation.
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Saturday, 14 July, 2007
Bush decides to leave Iraq by early 2009. How here is the question. After all the veto etc Mr. Bush, the president of America, succumbs to the atrocities committed in Iraq. Mr. Brown also says he will join hip to a limit, no friendship, just a as he has unlike Blaire.
Where does this leave the new person? I guess must be disappointment. It is true. The power put you in goes fizz. So the moral issue is not the seat, the moral itself.
I thank you.
Firozali A.Mulla MBA PhD, Dar-es-Salaam, Tanzania
thanks for putting this up, i believe the Most prominent on the list is Ashraf Ghani, the man credited with overhauling the economy of Afghanistan after September 11, The Times has learnt. Such an appointment will mark the first time a Afghan that will hold the position in the history of the World Bank. i guess he deserve that position and we are in full support for him.
I Personally wish him all the best in Future.
All in Peace...
Haroon A. Khan, Khost, Afghanistan
Opting for a non-American candidate who is well-respected by the development community could breathe some fresh life into the Bank . I think Ngozi Okonjo-Iweala - former Nigerian Finance Minister and Former VP at the World Bank - would be an excellent candidate for the Bank's top job.
While the recent difficulties have posed a major governance challenge for the Bank, it is important to remain focused on its core goals of supporting economic growth and poverty reduction in developing countries. Ngozi will clearly have the energy and vision to steer the Bank in this direction.
Kwadwo Anane Afoakwa
Ghanaian - resident in Abuja, Nigeria
Kwadwo Anane Afoakwa, Abuja, Nigeria
As somebody who worked with Dr. Ghani in Afghanistan, I think that the World Bank will be so fortunate if he becomes the President. He is the man of a vision, deep commitment to development, unmatched intelligence and savvy magement skills. There is no other better qualified or suitable candidate.
staff member, Washington DC,
It's the World Bank that we should be investigating. No question that Wolfowitz is carrying dubious baggage and is not exactly the flavour of any month, but the organization he has been chosen to lead is as corrupt and unethical in dealing with world poverty as any leader in a banana republic.
Harry Greenwood, West Vancouver, BC, Canada
One suspects that if it were anybody other than Wolfowitz he'd have got a slap on the wrist, procedures would have been tightened and everybody would have got on with their job. Because of his past political ties he is being raked over the coals with an unhealthy amount of glee by the media. Truth is, as head of the World Bank he was being seen as highly effective and an advocate of the developing world. He would now appear to be fatally holed below the water line and should resign.
To replace him, there is only one person of credibility and integrity that cuts across all the key areas internationally. He is Alan Greenspan. Of course this is not as big a job as his last one, but his experience, standing, relationships make him a unique candidate for the job.
Jim, Epsom,
Wolfensohn is a Naturalised U.S citizen, so technically his was an American at the time he was President..
s dejey, London, UK
I think Gordon Brown would be an excellent World Bank President and then we would be rid of him. Perhaps he could then get our gold back at a decent rate.
John Albert Hillbery, Lisbon , Portugal
To Nick: Wolfensohn became a U.S. national before becoming World Bank president.
Alicia, Washington, DC,
James Wolfensohn became a naturalized American citizen in the early 1980s when he first campaigned for the World Bank presidency, so he was an American of Australian birth when he was elected president in 1994.
Mark, Silver Spring, MD, USA
First, let Wolfowitz resign. What part of 'resign' does he have difficulty understanding?
Suzuki, Washington, USA
Headline I'd like to see:
"WOLFOWITZ DRAWING UP LIST TO REPLACE BUSH"
Philo K, St. Roche de Meckinac, CA
Correction: When he joined the Bank, Wolfensohn was a naturalized American citizen.
MJ, Washington, D.C., USA
This is another illustration of double standard underway within the main international bodies. Just imagine, whether Paul was a native from a development country?
amir, Poitiers, France
Regardless of who's actually heading up the bank (let alone their nationality or religion), it'd be wildly beneficial if there was more public inquiry into the relationship between the World Bank's functions and, particularly, Anglo-American strategic/economic interests in Iraq, Afghanistan, and the former Soviet states in the Caucasus.
Mikhail, Los Angeles, Ca
Dr. Ashraf Ghani is simply brilliant, and would help the institution come out of it's current chaos and depression. He is a leader in the truest form of the word, and his knowledge of international development is unparalleled. Anyone who knows him would know that the last thing he could be is a "US" stooge, since his actions have always been based on integrity, rather than politics.
Homira Nassery, Washington, D.C. , U.S.
I have seen so many changes in the judiciary system. The judges come and resign. How will the new method be? Like Bingo or the Drum and the paper on the name. No glue please!!!
Firozali A.Mulla MBA PhD, Dar Es Salaam, Tanzania
I don't think it's right that Bush has any input at all. It's not an American Institution, the EU contributes more than the USA, the new leader should be elected democratically
Michael Lee, Oxford, UK
I rather have a qualified afghan as the next world bank president than an idiot from Europe.
P. Subramaniam, Paris,
Bush like Blair is a lame duck and the Democrats are going to inflict as much damage as possible before the election next year.
John, London, UK
You say Ashraf Ghani would be the first non American president of the World Bank. Former President James Wolfensohn was Australian.
Nick, London,
I think part of the reason why Wolfowitz is still in his job is that the controversial deal that put him in place (and there was a lot of resentment at the time) involved a secret promise that the NEXT World Bank President would not be a US official.
Ghani may be a "nonAmerican" but he still sounds like a US stooge. Progress?
Gary Lord, Gold Coast, Australia