Saturday, 14 April 2012

Okonjo Iweala: The World Bank Presidency and the crisis of idea

It has always been believed by all that "the idea rules the World" but the actual fight over who heads the highest Economical Institution, the World Bank, is a sign of the end of such ideological tyranny. The maxim has always been used as a reason to manipulate and subdue the third World Countries who were always far from having capable personalities to man such professional Instants. However, the recent World Bank Presidential race demonstrates the idea according to which the poor always has nothing to propose to the rich. 

From all indication, the simple analyses of the capacity and technical know-how of the World bank Presidential candidates should have given an upper hand to Madam Okonjo-Iweala, but for the simple fact that US-Europe alliance in domination of the World will force the policy deciders, who also are mainly westerners, chose Kim Yong, the less suitable candidate, for the post.
Another evidence of this masquerade, called democracy in World Economic Policy Management, is the very fact that the stepping down of Ocampo and his support of Okonjo-Iweala seems not to have any effect. The latest analyses shows the American weight and influence remains undaunted. 
In any case, I have come to a conclusion according to which the idea rules the World as long as it must come from the strongest and do not rule (simply because it comes from the poor, marginalized, underdeveloped and "inexperienced" Countries and regions.

''The truth might be hard to say, painful to bear or even drastic for the truth sayer but still needed to be said''. ALISON.

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