Reforms at the World Bank — particularly over the past year — have moved ever so steadily through a whirlwind of controversy. The institution’s President Jim Yong Kim remains adamant about the need for change.
“We needed to reorganize to make sure that the vast amounts of knowledge in our ranks can be spread and be used in any country that asks for our help in finding a solution to a development problem,” Kim said in an email to staff earlier this week in which he set the end of the fiscal year as the end date for reforms.
But have changes at the World Bank gone too far?
Have Kim’s 14 Global Practices — knowledge-based departments centered around sectors such as health, education, and agricultural — taken too much budget control and decision-making power away from country programs?