The USA’s nomination for leader of the World Bank, is anti-growth.

From an article from the 

Dr Kim caught up in anti-growth row

If you want to head up the IMF or the World Bank, there is one belief that you surely must hold, and that is that growth is a good thing.

The US thought it was being clever when it nominated Jim Yong Kim – a South Korean born medical expert, who once headed the Wealth Health Organisation – to be the news boss at the World Bank. By opting for someone with such obvious eastern links, the US hoped it could head off criticism that the top man at the World Bank is always American.

But a book, Dying for Growth, published in 2000 edited by Dr Kim states: “The studies in this book present evidence that the quest for growth in GDP and corporate profits has in fact worsened the lives of millions of women and men.” 

Lets hope, he is selected as the boss of the World Bank, for the sake of the Planet. 

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s