Doug Merrill at Fistful of Euros looks at the news of Paul Wolfowitz’s nomination to head the World Bank and wonders what the news means and what chill it will have on currently thawing US-European relations. Admittedly it’s a surprising pick on Bush’s part.
No expert myself, I immediately read the appointment as a) a raised middle finger to Europe and b) a repudiation of Jeffrey Sachsism and a statement that the Bank will side with First World interests over the Third. (Am I wrong in this gut feeling?)
That, and the Bushies have a pattern of giving jobs to reward political loyalty, even if there’s a mismatch in expertise.
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