World Bank

The Real War on Coal Starts in Kosovo

US NEWS & WORLD REPORT 07/22/13 By Michael Shank Last week, the so-called “war on coal,” which Senate Joe Manchin, D-W.V., recently claimed is real, gained new momentum after the World Bank formally committed to stop funding most coal projects. Manchin, who knows something about existential wars given his laudable […]

The Big Problems in Obama’s Big Trade Deals

US NEWS & WORLD REPORT 07/08/13 By Michael Shank Framed as the biggest trade deal in the history of the world, trade representatives from the United States and the European Union meet in Washington this week to begin transatlantic trade talks. This is one of two major trade deals on […]

The War on Coal

NATIONAL JOURNAL 07/08/13 By Michael Shank The so-called “war on coal” that Senate Joe Manchin (D-WV) claimed recently is real, in direct response to President Barack Obama’s climate change speech in Georgetown, gained new momentum last month in a World Bank memo that pledged fewer Bank-funded coal projects. Manchin, who […]

Ending Global Poverty Dependent on Employment Based Growth

THE HILL 04/29/13 By Michael Shank and Sabina Dewan The World Bank has always focused on poverty reduction; it is their stated mission to ‘help reduce poverty’. But actually ending it, with a target date, was never their explicit goal, until now. In Washington, at their annual spring meeting last […]

World Bank Needs Jeffrey Sachs

THE HILL 03/01/12 By Michael Shank With Robert Zoellick stepping down from the World Bank helm, there is no better time for a development economist with solid on-the-ground and substantial international experience – like Dr. Jeffrey Sachs – to take his place. There are three clear reasons for this. The […]

Crime and the Economy are Directly Related

FINANCIAL TIMES 09/05/08 By Michael Shank Sir, In an apparent editorial about-face (“Crime and the credit crunch”, September 2), you claim that larger police forces and harsher prison sentences are responsible for lower levels of crime and that the link between economic growth and crime is weak. This is hardly […]