The World Bank Before Singapore: Continuing Crisis


	Our new website address: www.wdev.eu

Home Mission Statement Subscriptions Sample Copies Services Blogs Background Links Archives

Reserved for subscribers

Monitoring G8 Europe Global The New South UN Reform Global Finance Doha Final


The World Bank Before Singapore: Continuing Crisis
The Wolfowitz agenda
The controversial former United States Deputy Secretary of Defence Paul Wolfowitz succeeded James Wolfensohn as the head of the World Bank in June 2005. It was a change that put a great sense of urgency into the question of what course the world’s most influential financial adviser and financing institution would take. However, Wolfowitz’s first year in office brought no great surprises. Instead of radical changes, the Bank’s agenda was governed by the goal of maintaining continuity, writes Daniela Setton.


Completely in line with the wishes of the large European shareholders, Wolfowitz stresses the role of the Bank in middle-income countries, focuses heavily on Africa, promotes the private sector and does not hold back when it comes to moral declarations on the World Bank’s mission to “fight poverty” ... ... this article was published (free content) in >>> Issue 3/Aug-Sep 2006.







The EU's Good Governance Agenda in Development / Between Geneva, Singapore and Heiligendamm

Top of page

Imprint

General Terms and Conditions

RSS Feeds

Site Map

WDEV Recent Issues

Issue 6/Nov-Dec 2008

Race to a New Bretton Woods + Time for UN to Act + Stiglitz' New Economic Compact + China's Agrarian Reforms + Transparency Deficit of IMF and World Bank

Issue 5/Sep-Oct 2008

From Accra to New York to Doha + New Climate Change Funds + The Accra Action Agenda Analyzed + UNCTAD Warns Africa + Ilisu as test case

Issue 4/Jul-Aug 2008

Global Stagflation? + New LDC Report + Reforming Conditionality + Global Economic Insecurity + G5 Political Decalaration

Issue 3/May-Jun 2008

Food: The Speculation Factor + New Green Revolution? + Livestock: Global Value Chaines + REDD: Manaus Declaration + Aid Effectiveness

Issue 2/Mar-Apr 2008

Global Food Crisis + Zoellick's Blueprint for the Bank + Ilisu and Western Credibility + Spreading Benefits of Globalisation + Women and Decent Work

www.wdev.eu

Amazon.de Widgets

WDEV Highlights

South America: Recession Can Be Avoided

Since the financial meltdown began in mid-September, the bond markets of most of the region have been hit, as well as most of their stock markets and a number of currencies. Can South America escape the wrath of the economic and financial storms that have their epicenter in the United States?

The New Guidelines for SWFs: What's Behind?

On 11 October 2008, the International Working Group of Sovereign Wealth Funds (IWG) released the Generally Accepted Principles and Practices (GAPP) that would guide the governance and accountability framework of sovereign wealth funds (SWFs).

The Race to a New Bretton Woods

For years, only a small and enlightened elite and some NGOs looking beyond their tiny projects have been calling for a New Bretton Woods - a global conference to restructure the global economic and financial system. Yet suddenly such demands have become almost mainstream, and developments have accelerated tremendously.

China: Construction of a Socialist Countryside

The timing has been perfect: In the middle of October, the Central Committee of the Communist Party of China approved a reform proposal that will allow farmers to lease or transfer their land rights. Called a "historic" decision by some observers, the Chinese government announced it as Chinas contribution to counter the financial crisis.

How Will Obama Address Financial Crisis, Recession

The 2008 US Presidential election was historic itself owing to the candidates' profile. But the timing of the elections as the U.S. and global economy are in the midst of the worst financial crisis and recession in decades reminds us of the Great Depression era and the 1980s recession.

The World Bank Before Singapore: Continuing Crisis

The Wolfowitz agenda

WDEV Recent Issues

WDEV Highlights