Questions abound as World Bank seeks new leader

The head of the World Bank, Jim Kim, announced his resignation Monday — a surprise given that he’s still got a few years left on his term. So now the search is on to find his replacement. Traditionally, the World Bank’s been led by an American, while the International Monetary Fund has been run by a European, currently Christine Lagarde of France. We look into the convention, whether it’s likely to hold this time and just why it matters.

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