Eswar Prasad

[Kim’s experience] puts him in a prime position to initiate a much-needed reorientation of the World Bank’s role in global development.

The global economic recovery is still sputtering due to a lack of robust demand, policy tools that are stretched to their limits and unable to muster much traction, and enormous risks posed by weak financial systems and political uncertainty.

The IMF is attempting a delicate balancing act—staying involved in the Greek bailout but without damage to its own credibility.