Tony Blair may be asked to head the World Bank after its current president quit over an ethics flap, according to London's Daily Mail.

One of America’s top economists today revealed that the retiring prime minister is being considered as a replacement for disgraced Paul Wolfowitz, the Daily Mail reported.

Click here to read Daily Mail story.

"He is one of the people that is clearly being discussed," Nobel Prize-winner Joe Stiglitz, a former senior vice president at the World Bank, told the Daily Mail.

Blair is expected to cash in on his international contacts after quitting Downing Street on June 27. In addition, Blair's agent said he would quit Parliament if "a big international job" came up.

Stiglitz said the World Bank would probably prefer an economist with experience in development, which some pundits argue effectively rules out the prime minister, who has often admitted to being shaky at math.