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All items tagged World BankOpen Think Tank ArticlesApril 2, 2010 | Promoting Development Through an Exit StrategyMalcolm McPherson: Western funds have made African countries aid addicted. For African governments to take their development and future into their own hands, a ten-year aid exit strategy needs to be put in place. ... MoreMarch 31, 2010 | A New Course for Western Aid to AfricaEditorial Team: While Western governments and organizations have devoted billions of dollars toward Sub-Saharan Africa since de-colonization, chronic poverty and underdevelopment still plague the continent. How can Western aid be improved to give Africans the best chance to live up to their fullest potential? ... MoreFebruary 6, 2008 | Multilateral Aid Programs Are on the LineRobert Zoellick: The president of the World Bank expresses his concern regarding the German focus on bilateral aid programs in an interview with Rüdiger Lentz, head of the Deutsche Welle studio in Washington and executive director USA of the Atlantic Initiative. ... MoreGlobal Must Read ArticlesApril 21, 2009 | China on Track to Be Global Financial LeaderThe global financial crisis has highlighted both the decline of the US and the dependence of the world on China’s economy. ++ Given that reform is inevitable, China will be a central player in whatever new global financial architecture emerges from the present crisis. ++ Five years ago, China was not even included in discussions on such matters. ++ Apart from reform to the IMF and the World ... MoreJanuary 26, 2009 | Meet UN Aid Target for an Age of ResponsibilityThis age may end up being the Age of Intolerance, Nationalism, or even Decline. ++ At best, it may become the Age of Responsibility that Obama is trying to usher in. ++ This requires completion of WTO negotiations in order to create enough growth to meet the Millennium Development Goals. ++ Carbon emissions will need to be cut, and anti-protectionist but disciplined fiscal policies will need to ... MoreNovember 14, 2008 | The West Must Treat Developing Countries as PartnersThe financial relevance of the G7 has diminished, from 65% of production in 2002 to 52% now, and will continue to fall. ++ In 2009 all growth will happen in developing nations. ++ The support of China, India, and Brazil is needed to resolve this crisis, and the G20 is the space for solutions. ++ The West is failing on global trade, climate change, and development aid. ++ Progress on the immediate ... MoreOctober 21, 2008 | Bretton Woods IIDeveloping countries are cut off from global prosperity; climate change has decreased the world food supply; and energy shortages often promote environmentally damaging solutions. ++ A Bretton Woods II summit is needed. ++ First, the IMF should have global regulatory financial control; a global tax on carbon emissions can counter human induced climate change; the World Bank should help poor ... MoreSeptember 2, 2008 | It's a Poor World After AllThe World Bank recently reported that in 2005 there were 1.4 billion people living below the poverty line - a figure which it had previously underestimated. ++ Still, this figure does not take into account the rising food and energy prices witnessed in the last two years. ++ This new data only stresses the necessity for aid stemming from developed countries, particularly the G8. ++ Having ... MoreApril 24, 2008 | Will the Chinese Change International Institutions?The appointment of a Chinese Professor, Lin Yifu, to the post of chief economist at the World Bank reflects the changes in the global balance of powers. ++ In the past, the World Bank, like the IMF, was traditionally dominated by American, Europeans, and their neoliberal agenda. ++ However as American financial pillars are now underpinned by Chinese money, it has become impossible to ignore ... MoreApril 21, 2008 | "International Rice Market Has Become a War Zone"Cereal stocks have not been this low since 1980, but the food crisis can be explained by human greed. ++ To avoid mass hunger, climate change and trade protectionism must be addressed. ++ If international cooperation is brokered by the UN and World Bank, export embargoes on rice are removed, China lessens its demand for pork, and the US’s bioenergy policies are amended, then this crisis may be ... MoreApril 15, 2008 | The Political Will to Make a "Real Dent in Poverty"Political pressures are preventing the structural problems of the aid system from being solved rapidly. ++ Achieving the development goals set for 2015 requires immediate action, the political will of official donors, and the contribution of non-profit organizations. ++ Even if aid is in short supply, a system which coordinates donors, projects and priorities can deliver quality assistance. ... MoreMarch 7, 2008 | The Ravages of World Bank Aid in KenyaWorld Bank lending to Kenya has more than doubled since 2005, yet ever more funds seem to be diverted from the activities’ objectives. ++ The Bank and its country director in Nairobi are contributing to a culture of corruption of which American taxpayers are bearing the heaviest burden. ++ If power sharing offers a solution to the political crisis, one can hope it will also lead to greater ... MoreDecember 3, 2007 | Ending Famine in Malawi, Simply by Ignoring the ExpertsAfter the heavy subsidization of fertilizer, Malawi’s corn production has jumped to 3.4 million tons from 1.2 million tons in 2005, reports Celia W. Dugger of The New York Times. This has come about in the face of pressure from the The World Bank, the U.S. and Britain to adhere to free market policies. September 4, 2007 | World Bank Continues To Support State Sponsors of TerrorismCongressman Mark Kirk (R-Illinois) reveals in the Washington Post that hundreds of millions of dollars are pouring into Iran through the World Bank, despite UNSC and IAEA conclusions that Iran has ignored its obligations under the nuclear Non-Proliferation Treaty. It appears that there is a major disconnect between multilateral organizations over how to jointly confront the pressing issues ... MoreApril 16, 2007 | John K. Cooley Calls For A Comprehensive US-Iranian DialogueVeteran Middle East reporter John K. Cooley suggests the US initiate a comprehensive, formal dialogue with Iran on the issues that have divided the two countries since Iran’s 1979 revolution. The minimum objective of this dialogue should be the halt of Iranian uranium enrichment and plutonium diversion for weapons production. A four-step peace plan—including cooperation in Afghanistan and Iraq ... MoreApril 2, 2007 | Crisis Group Calls For Continued Engagement After Congo ElectionsAfter the first democratic elections in the Democratic Republic of the Congo in forty years, International Crisis Group writes that it is now up to President Kabila and the international community to lead reconstruction efforts in this transitional period of peacebuilding. The UN mission MONUC, together with the EU Mission’s “Governance Compact” and the World Bank, must tackle the problems at ... MoreCommentsApril 7, 2010 | -I wholeheartedly agree with Mr. Rusila's... |
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