"To ask Her Majesty’s Government whether they can confirm that nomination by the government of the United States does not constitute grounds for giving a candidate special priority for the position of President of the World Bank; and whether they are committed to an open, merit-based and transparent selection process …..." Lord Stern of Brentford - View Speech
"My Lords, I thank the Minister for his reply. The perpetuation of the de facto monopoly by the USA and Europe of the positions at the head of the IMF and the World Bank undermines confidence in those institutions and in internationalism, and is surely unacceptable in a world that …..." Lord Stern of Brentford - View Speech
"This is important. Thirdly, when the tenure of Christine Lagarde, who has done an outstanding job as head of the IMF, comes to an end, will the Minister state clearly and strongly that Her Majesty’s Government will not support the perpetuation of Europe’s monopoly of this position and will actively …..." Lord Stern of Brentford - View Speech
"My Lords, I begin by thanking the noble Lord, Lord MacGregor, and his committee for their interesting and important report, and I thank the noble Lord for his thoughtful introduction. I declare an interest and an involvement. For more than 40 years, I worked as an academic economist on development …..." Lord Stern of Brentford - View Speech