{"id":56203,"date":"2023-03-15T12:06:12","date_gmt":"2023-03-15T16:06:12","guid":{"rendered":"https:\/\/www.bu.edu\/pardeeschool\/?p=56203"},"modified":"2023-03-15T12:21:47","modified_gmt":"2023-03-15T16:21:47","slug":"gallagher-comments-on-world-bank-candidate","status":"publish","type":"post","link":"https:\/\/www.bu.edu\/pardeeschool\/2023\/03\/15\/gallagher-comments-on-world-bank-candidate\/","title":{"rendered":"Gallagher Comments on World Bank Candidate"},"content":{"rendered":"<p><img loading=\"lazy\" src=\"\/pardeeschool\/files\/2022\/10\/Kevin-GallagherBU_GlobalDevelopment_OpenHouse-15-scaled-e1666364948428.jpg\" alt=\"Kevin Gallagher stands in front of a GDP Center banner as he delivers opening remarks at a lecture hosted by the Center.\" width=\"2560\" height=\"1440\" class=\"alignnone wp-image-54572 size-full\" srcset=\"https:\/\/www.bu.edu\/pardeeschool\/files\/2022\/10\/Kevin-GallagherBU_GlobalDevelopment_OpenHouse-15-scaled-e1666364948428.jpg 2560w, https:\/\/www.bu.edu\/pardeeschool\/files\/2022\/10\/Kevin-GallagherBU_GlobalDevelopment_OpenHouse-15-scaled-e1666364948428-533x300.jpg 533w, https:\/\/www.bu.edu\/pardeeschool\/files\/2022\/10\/Kevin-GallagherBU_GlobalDevelopment_OpenHouse-15-scaled-e1666364948428-1024x576.jpg 1024w, https:\/\/www.bu.edu\/pardeeschool\/files\/2022\/10\/Kevin-GallagherBU_GlobalDevelopment_OpenHouse-15-scaled-e1666364948428-768x432.jpg 768w, https:\/\/www.bu.edu\/pardeeschool\/files\/2022\/10\/Kevin-GallagherBU_GlobalDevelopment_OpenHouse-15-scaled-e1666364948428-1536x864.jpg 1536w, https:\/\/www.bu.edu\/pardeeschool\/files\/2022\/10\/Kevin-GallagherBU_GlobalDevelopment_OpenHouse-15-scaled-e1666364948428-2048x1152.jpg 2048w, https:\/\/www.bu.edu\/pardeeschool\/files\/2022\/10\/Kevin-GallagherBU_GlobalDevelopment_OpenHouse-15-scaled-e1666364948428-1200x675.jpg 1200w, https:\/\/www.bu.edu\/pardeeschool\/files\/2022\/10\/Kevin-GallagherBU_GlobalDevelopment_OpenHouse-15-scaled-e1666364948428-992x558.jpg 992w, https:\/\/www.bu.edu\/pardeeschool\/files\/2022\/10\/Kevin-GallagherBU_GlobalDevelopment_OpenHouse-15-scaled-e1666364948428-1500x844.jpg 1500w, https:\/\/www.bu.edu\/pardeeschool\/files\/2022\/10\/Kevin-GallagherBU_GlobalDevelopment_OpenHouse-15-scaled-e1666364948428-1920x1080.jpg 1920w, https:\/\/www.bu.edu\/pardeeschool\/files\/2022\/10\/Kevin-GallagherBU_GlobalDevelopment_OpenHouse-15-scaled-e1666364948428-1984x1116.jpg 1984w\" sizes=\"(max-width: 2560px) 100vw, 2560px\" \/><\/p>\n<p><a href=\"https:\/\/www.bu.edu\/pardeeschool\/profile\/kevin-p-gallagher\/\">Kevin Gallagher<\/a><span>,<\/span><span>\u00a0Professor of Global Development Policy at Boston University\u2019s Frederick S. Pardee School of Global Studies\u00a0<\/span><span>and Director of the\u00a0<\/span><a href=\"https:\/\/www.bu.edu\/gdp\/\">Global Development Policy Center<\/a><span> (GDP Center), commented on the new candidate for the <a href=\"https:\/\/www.bu.edu\/pardeeschool\/tag\/world-bank\/\">World Bank<\/a>, Ajay Banga, and the implications of the <a href=\"https:\/\/www.bu.edu\/pardeeschool\/tag\/united-states\/\">United States<\/a> nominating him in the <em>Global Insider Newsletter<\/em> from\u00a0<em><a href=\"https:\/\/www.politico.com\/newsletters\/global-insider\/2023\/03\/13\/contagion-silicon-valley-bank-00086751\"><span style=\"text-decoration: underline;\">Politico<\/span><\/a><\/em>.<\/span><\/p>\n<p>This portion of the newsletter, titled &#8220;<a href=\"https:\/\/www.politico.com\/newsletters\/global-insider\/2023\/03\/13\/contagion-silicon-valley-bank-00086751\">World Bank \u2014 Will Biden Nominee Ajay Banga Make The Cut?<\/a>&#8220;, discusses the likelihood and obstacles that Banga faces to become the new head of the World Bank. The article explains the disproportionate influence that the United States holds over the nominee process, with Gallagher noting that &#8220;<span>the <a href=\"https:\/\/www.bu.edu\/pardeeschool\/tag\/joe-biden\/\">Biden<\/a> administration dampened any hopes for a global merit-based competition for a new World Bank president.&#8221; The article holds that while other potential candidates from Russia may attract votes, the support that Banga has already received would make it difficult for him to be outvoted.<\/span><\/p>\n<p>The full article can be read on the <a href=\"https:\/\/www.politico.com\/newsletters\/global-insider\/2023\/03\/13\/contagion-silicon-valley-bank-00086751\"><em>Politico<\/em> website<\/a>.<\/p>\n<p><a href=\"https:\/\/www.bu.edu\/pardeeschool\/profile\/kevin-p-gallagher\/\">Kevin Gallagher<\/a><span>\u00a0<\/span><span>is a professor of global development policy at Boston University\u2019s Frederick S. Pardee School of Global Studies, where he directs the Global Development Policy Center. He is the author or co-author of numerous books, including most recently,<\/span><span>\u00a0<\/span><em><a href=\"https:\/\/www.wiley.com\/en-gb\/The+Case+for+a+New+Bretton+Woods-p-9781509546541\">The Case for a New Bretton Woods<\/a><span>\u00a0<\/span><\/em><span>(<\/span><span>Wiley<\/span><span>, 2022)<\/span><span>. Read more about Professor Gallagher on his Pardee School<\/span><span>\u00a0<\/span><a href=\"https:\/\/www.bu.edu\/pardeeschool\/profile\/kevin-p-gallagher\/\">faculty profile<\/a><span>.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Kevin Gallagher,\u00a0Professor of Global Development Policy at Boston University\u2019s Frederick S. Pardee School of Global Studies\u00a0and Director of the\u00a0Global Development Policy Center (GDP Center), commented on the new candidate for the World Bank, Ajay Banga, and the implications of the United States nominating him in the Global Insider Newsletter from\u00a0Politico. This portion of the newsletter,&#8230;<\/p>\n","protected":false},"author":21625,"featured_media":54572,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[8410],"tags":[12043,11753,1362,9527,8360],"_links":{"self":[{"href":"https:\/\/www.bu.edu\/pardeeschool\/wp-json\/wp\/v2\/posts\/56203"}],"collection":[{"href":"https:\/\/www.bu.edu\/pardeeschool\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bu.edu\/pardeeschool\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bu.edu\/pardeeschool\/wp-json\/wp\/v2\/users\/21625"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bu.edu\/pardeeschool\/wp-json\/wp\/v2\/comments?post=56203"}],"version-history":[{"count":2,"href":"https:\/\/www.bu.edu\/pardeeschool\/wp-json\/wp\/v2\/posts\/56203\/revisions"}],"predecessor-version":[{"id":56205,"href":"https:\/\/www.bu.edu\/pardeeschool\/wp-json\/wp\/v2\/posts\/56203\/revisions\/56205"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.bu.edu\/pardeeschool\/wp-json\/wp\/v2\/media\/54572"}],"wp:attachment":[{"href":"https:\/\/www.bu.edu\/pardeeschool\/wp-json\/wp\/v2\/media?parent=56203"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bu.edu\/pardeeschool\/wp-json\/wp\/v2\/categories?post=56203"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bu.edu\/pardeeschool\/wp-json\/wp\/v2\/tags?post=56203"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}