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Economy
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Title: World Bank Nominee Kim Under Fire for “Dying for Growth” Book
Source: Naked Capitalism
URL Source: http://www.nakedcapitalism.com/2012 ... -for-growth-book.html#comments
Published: Mar 26, 2012
Author: Yves Smith
Post Date: 2012-03-26 23:22:34 by lucysmom
Keywords: None
Views: 2351
Comments: 6

The US nominee to lead the World Bank, Jim Yong Kim, has come under attack for editing a book called “Dying for Growth.” It apparently performs the cardinal sins of questioning whether a relentless pursuit of growth produces necessarily produces good outcomes and taking issue with neoliberalism. From the Financial Times:

Some economists are arguing that Dying for Growth, jointly edited by Dr Kim and published in 2000, puts too great a focus on health policy over broader economic growth.

“Dr Kim would be the first World Bank president ever who seems to be anti-growth,” said William Easterly, professor of economics at New York University. “Even the severest of World Bank critics like me think that economic growth is what we want.”

Dr Kim, who is president of Dartmouth College and a former head of the HIV/Aids programme at the World Health Organisation, was a surprise pick for the top job at the World Bank, which traditionally goes to a US citizen.

snip

Dr Kim’s book contains several inflammatory lines. For example, the introduction, which he and two other academics co-authored, says: “The studies in this book present evidence that the quest for growth in GDP and corporate profits has in fact worsened the lives of millions of women and men.”

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#1. To: A K A Stone, Anti-ping to CE, Fred Mertz, Godwinson, go65, war, no gnu taxes, Skip Intro, ferret mike, jwpegler, brian s, mininggold, mcgowanjm (#0)

But Kim may indeed have demonstrated himself to be unsuited for a top bureaucratic post. Saying the emperor has no clothes will not make you popular with the emperor’s tailors.

ping

lucysmom  posted on  2012-03-26   23:24:09 ET  Reply   Untrace   Trace   Private Reply  


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