Dr. Jim Yong Kim says he's pushing the World Bank to eradicate poverty. How? By humanizing capitalism. Kim portrays himself as a kind of Jedi Warrior battling the "culture of fear" in the Titan Powerhouse. Will capitalism be strengthened by his actions and poverty made worse? BMcK __________________________________________________________________________________________________________ World Bank, Rooted in Bureaucracy, Proposes a Sweeping Reorganization By ANNIE LOWREY Published: October 6, 2013 WASHINGTON — Jim Yong Kim, the genial American physician who took over as the president of the World Bank last year, recently conducted a survey of its 10,000 employees. The survey revealed a “culture of fear,” pervasive “fear of risk” and a “terrible” environment for collaboration at the huge development institution, which lends more than $30 billion a year and works in more than 100 countries. Jim Yong Kim, the World Bank president, has a plan to change the pathways of power at the organization. He acknowledged that the internal reaction to the proposal has been “mixed.” The bank, which provides a range of services to developing countries, from infrastructure loans to health grants to budget advice, was in danger of becoming a series of regional banks rather than a world bank, Dr. Kim said in an interview at its headquarters, two blocks from the White House. Worse, he feared its internal culture and structural organization might hamper its progress toward its newly made goals of eradicating extreme poverty by 2030 and ensuring inclusive growth. “We could become less than the sum of our parts,” Dr. Kim said. full: http://www.nytimes.com/2013/10/07/business/international/world-bank-rooted-in-bureaucracy-proposes-a-sweeping-reorganization.html http://www.nytimes.com/2013/10/07/business/international/world-bank-rooted-in-bureaucracy-proposes-a-sweeping-reorganization.html
_______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
