Democracy in inaction at the World Bank

This article by Joseph Stiglitz asks why the search for James Wolfensohn's successor at the World Bank should be limited to an American loyal to a particular political party? According to the Nobel laureate, the entire process of choosing its leaders is a historical anachronism that undermines its effectiveness and makes a mockery of the G-7 countries' commitment to democracy.

Click here to read the article "Democracy in inaction at the World Bank" on the Daily Times website