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chief needed to be transparent and merit-based.
The G20's commitment to ensure that "the heads and senior leadership of the international financial institutions should be appointed through an open, transparent, and merit-based selection process" is clearly a nod in this direction.
In April 2009, amid a financial crisis that hit hardest in the West, leaders of the Group of 20 economic powers endorsed "an open, transparent and merit-based selection process" for heads of global institutions.
The World Bank's leadership has committed to opening up the presidential selection process, and the Group of 20 countries has stated its commitment to "support new open, transparent and merit-based selection processes for the heads and senior leadership" of the funds and banks that support financial stability and development in communiqués.
The undertaking that the IMF managing director (and World Bank president) should be chosen through open, transparent and merit-based selection processes is absent, as is any commitment to reducing the heavy European presence on the Executive Board.
As part of a comprehensive reform package, we agree that the heads and senior leadership of all international institutions should be appointed through an open, transparent and merit-based process.
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ITHACA, NEW YORK — The World Bank has a new president, but many questions remain about whether the selection process was indeed transparent, open and merit-based, as promised by the leaders of the Group of 20 economies.
"What is needed is a system to fill research positions in a transparent, open and merit-based recruitment procedure and to step up links between industry and academia," Smits said.
The Group of 20 countries has called for a fairer, more transparent selection process for the top posts at the World Bank and the I.M.F., and the World Bank itself has reaffirmed its commitment to an open and merit-based process.
It is indeed difficult to reconcile affirmative action with the nation's manifest ideals of individualism and merit-based competition.
The charter and code of conduct's promotion of open, transparent, merit-based hiring amounts to "window-dressing," she says, adding that they perpetuate arrangements that discourage women.
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