The new president of the World Bank is determined to eradicate global poverty through goals, targets and measuring success in the same way that he masterminded an Aids drugs campaign for poor people nearly a decade ago.
Jim Yong Kim, in an exclusive interview with the Guardian, said he was passionately committed to ending absolute poverty, which threatens survival and makes progress impossible for the 1.3 billion people living on less than $1.25 a day.
\”I want to eradicate poverty,\” he said. \”I think that there\’s a tremendous passion for that inside the World Bank.\”
Kim, who took over at the World Bank three weeks ago and is not only the first doctor and scientist (he is also an anthropologist) to be president but the first with development experience, will set \”a clear, simple goal\” in the eradication of absolute poverty. Getting there, however, needs progress on multiple, but integrated, fronts.
It would help if he knew a little economics perhaps.
For example, this Washington Consensus/neoliberalism/globalisation shtick has at the very least coincided with the greatest reduction in absolute poverty in the history of our species.
Meaning that, to a first approximation at least, it would seem sensible to continue with the Washington Consensus/neoliberalism/globalisation shtick.
As far as we can tell it\’s even managed to do something in sub Saharan Africa, the place where all other development ideas give up the ghost.
Why stop doing what apparently works?