1、1 Constant, Brand, “EU ministers endorse Wolfowitz nomination,” Associated Press, March 30,2005. Congressional Research Service The Library of CongressCRS Report for CongressReceived through the CRS WebOrder Code RS22029Updated March 31, 2005The World Bank: Changing Leadership andIssues for the Unit
2、ed States and CongressMartin A. WeissAnalyst in International Finance and TradeForeign Affairs, Defense, and TradeSummaryThe decision of World Bank President James Wolfensohn to resign in May 2005has triggered the search for a successor. Although any member of the World BankExecutive Board can propo
3、se a candidate for election by a majority vote of members,tradition dictates that the United States selects the President at the World Bank andEurope chooses the International Fund Managing Director. Although there is repeatedcriticism of this arrangement, and actual proposals to change the system h
4、ave beenconsidered, it is unlikely that this tradition will be abandoned during the currentselection process. The focus of the next World Bank President likely will be on manydevelopment issues including global humanitarian and reconstruction assistance anddebt relief for the poorest countries, amon
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