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It is time to end America’s World Bank monopoly

David Malpass, US President Donald Trump's nominee to lead the flagship development bank, appears distinctly unsuited to the job

David Malpass is President Trump's pick for World Bank president
David Malpass is President Trump's pick for World Bank president Photo: Getty Images

The nomination earlier this month of David Malpass, a senior US Treasury Department official, for the post of World Bank president came as something of a relief.

Malpass is, after all, the choice of US President Donald Trump, who is known for backing extreme and unqualified job candidates. But that does not mean that Malpass is the ideal choice for the job.

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