Economics

World Bank President Search to Test Trump’s ‘America First’ Mantra

  • Jim Yong Kim abruptly resigns to take job in private sector
  • Emerging markets may challenge U.S. dominance at lender
Jim Yong KimPhotographer: Andrew Harrer/Bloomberg
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The World Bank’s search for a new leader will be the latest test of President Donald Trump’s pledge to put ‘‘America First’’ in the nation’s foreign policy.

Jim Yong Kim abruptly resigned as president of the World Bank on Monday more than three years before the end of his term, potentially sparking an international tussle over who replaces him as the Trump administration questions the development lender’s purpose.