Who would succeed A.W. Clausen, the former BankAmerica chairman, as president of the World Bank when his five-year term expired on June 30? For months, Federal Reserve Board Chairman Paul Volcker was touted for the job, as was Labor Secretary William Brock. Last week the guessing game finally ended as the Reagan Administration named Barber Conable, 63, a highly regarded former Republican Congressman from New York, as its candidate to head the international development institution.
Conable's appointment must still be approved by the executive board of the 149-nation World Bank. Nonetheless, his eventual confirmation is a certainty since, by tradition, the...
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