War over words erupts as World Bank star economist sidelined
Paul Romer relinquishes oversight of the Development Economics Group, the research hub of the development lender
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Washington
THE World Bank's chief economist has been stripped of his management duties after researchers rebelled against his efforts to make them communicate more clearly, including curbs on the written use of "and". Paul Romer is relinquishing oversight of the Development Economics Group, the research hub of the Washington-based development lender, according to an internal staff announcement dated May 9 seen by Bloomberg. Kristalina Georgieva, the chief executive for the bank's biggest fund, will take over management of the unit on July 1.
Dr Romer will remain chief economist, providing management with "timely thought leadership on trends directly affecting our client countries, including the 'future of work'," World Bank president Jim Yong Kim said in the note to staff.
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