Similarly, the U.S. nominee to lead the World Bank was former Dartmouth President Jim Yong Kim. While Kim is Korean born, as President Obama’s nominee to lead the bank, he maintains the tradition of a U.S. nominee to lead the bank. He has also been criticized for his lack of monetary experience. At the same time, the amazing Ngozi Okonjo Iweala, a Nigerian economist, was a strong contender for World Bank leadership. Apparently the selection of a woman of African descent was too far of a stretch for the bank.
Speaking of stretches, why has President Obama been so unable to find African-Americans for his cabinet? Only Attorney General Eric Holder and International Trade Representative Ron Kirk remain in the cabinet, and Kirk is not a key cabinet member. Congresswoman Marcia Fudge (D-Ohio), leader of the Congressional Black Caucus, has taken on the president in a stern letter that reflects the concern of many in the African-American community. Why, when Obama garnered 97 percent of the African-American vote, should the African American community be so underrepresented in the Obama cabinet? Is the Obama administration running behind the conservative Catholic Church in its commitment to diversity?
Either for diversity or for merit, the College of Cardinals stepped outside its history of European domination to select a Pope from Argentina. What might have happened if the World Bank had decided to step outside the tradition of U.S. domination to select a candidate as qualified as Ngozi Iweala who, one might argue, is a far superior candidate to the U.S. selection of Jim Yong Kim? What might have happened if France had not assumed that another French leader instead of someone outside the US/Europe sphere should replace its flawed leader of the International Monetary Fund?
If our country ever gets its economics straight (instead of continuing the crisis of the month club), it will continue to be a world leader, though not forever. World demographics are changing. Catholic cardinals acknowledged it. Why can’t the U.S. and Europe?
(Julianne Malveaux is a Washington, D.C.-based economist and writer. She is President Emerita of Bennett College for Women in Greensboro, N.C.)