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Rising food prices limit how much central bankers can cutinterest rates to safeguard growth. More troubling would be the potential setback to poverty-reduction programs for decades to come.
Jim Yong Kim has started as president of the World Bank. His first and last act should be to close the organization.
I was on the road when President Obama announded his preferred choice of Dartmouth president Jim Yong Kim to be the next World Bank President. Since then, both the Economist and...