March 30, 2005

 

Finally a Chance at Governance at the World Bank

With all the corruption and waste at the World Bank, finally someone who is disciplined and can make a difference. Paul Wolfowitz is turning out to be more of a diplomat already than his critics had counted on. Little by little, he is wooing the EU. We all know that organization has got real problems. Go Paul!

An excerpt on this topic:
"Wolfowitz pledges commitment to World Bank mission

BRUSSELS, Belgium European Union officials say they back Deputy Defense Secretary Paul Wolfowitz as the new head of the World Bank.The endorsement comes after Wolfowitz told officials he's deeply committed to carrying on the bank's anti-poverty work.
E-U officials in Belgium today quizzed President Bush's nominee to head the Washington-based bank. Wolfowitz tells them, "helping people lift themselves out of poverty is truly a noble mission."
His nomination had gotten a chilly reception in some European capitals, where officials who opposed the Iraq war point to Wolfowitz's role as one of its planners. Critics have described him as having a reputation for unilateralism and a lack of development experience." For the entire article, click here.

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