Does president Bush has a right to appoint Wolfowitz replacement?
Paul Wolfowitz will have to leave the presidency of the World Bank. We just do not know when and how. And above all nobody knows who will replace him. And that is the big question in corridor talks inside the fenced buildings of the Bank and the IMF. Since its creation in 1944, all World Bank presidents have been appointed by the US. And all heads of the International Monetary Fund, the twin financial institution, have been Europeans. If that non-written rule prevails, the designation of a new World Bank president will not be made by the finance ministers from all over the world that as “governors” of the Bank legally own the institution, but by the tenant of the White House, a five minutes walk away from the Bank, down Pennsylvania Avenue. The problem is that the wisdom of President Bush in filling key positions in global governance is not trusted any more even by close US allies, cosidering the precedents of radical “neocons” like John Bolton as US embassador to the United Nations or
