UNDP's Dervis appointed VP of Brookings Institution

Kemal Dervis, who recently stepped down as head of the United Nations Development Program (UNDP), yesterday was named vice president and director of the Global Economy and Development program at the Brookings Institution, a prominent Washington think-tank. "I am delighted to be joining Brookings, especially at a moment of such importance," Dervis said. "The nature of globalization is changing, with enormous challenges and implications for both developed and developing nations. Supporting the design of policy proposals that will allow the world to overcome the worst economic crisis in decades and stage a strong worldwide recovery will be my first priority. I look forward to working with my friend Jim Wolfensohn, with fond memories of his leadership at the World Bank and his unwavering commitment to better the lives of the most vulnerable."