The World Bank is a good thing. If it didn't exist, we'd have to invent it. It has many problems that can and should be fixed. Wolfowitz is clearly not the guy to do it. He has the values, but neither the skills nor the style.
Is there no one Bush can tap to fill the role? Is there no one that shares Bush's concern about third world corruption, but who also has the skills and personal style to successfully promote those values?
I had an idea for a replacement, then decided to check around to see if anyone else had the same idea. Turns out that Larry Elliott at the Guardian had a similar idea, only his is more developed:
The Europeans should make it clear they would veto an unsuitable Bush nomination for the Bank, and to make things easier they should give up the right to nominate the next managing director of the IMF. That would give Bush the chance to nominate someone to the job who was non-American but who had a commitment to development and was liked by the White House. Tony Blair, perhaps?
He was suggesting Blair as IMF director. I was actually thinking of Blair for the World Bank. But if you read the entire article, Elliott's idea makes more sense. Still leaves an opening at the Bank, though.