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Tyler Cowen

Ivanka as President of the World Bank? Don’t Laugh

The sad reality is that if she were, she might be an improvement.

The next president of the World Bank?

The next president of the World Bank?

Photographer: Riccardo Savi/Getty Images North America

What if Donald Trump were to nominate Ivanka Trump to be president of the World Bank? I know the White House has denied the rumor that he will, but it has denied rumors before. And I am here to tell you that it might not be so bad.

For one, picking Ivanka could work out well for the bank’s current standing in Washington. Republicans in Congress have long failed to embrace foreign aid with enthusiasm, even if they sometimes voted for it. If Ivanka were running the World Bank, suddenly Republicans would be committed to the idea of foreign aid in general and the bank in particular.