Jim Yong Kim, the US nominee to head the World Bank, is coming under fire over a book he co-authored which criticises “neoliberalism” and “corporate-led economic growth”, arguing that in many cases they had made the middle classes and the poor in developing countries worse off.
Some economists are arguing that Dying for Growth, 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.”
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