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Paul Wolfowitz to be the next president of the World Bank

 
 
unheimlich manoeuvre
10:38 / 02.04.05
Guardian. Friday April 1, 2005

Paul Wolfowitz's nomination to be the next president of the World Bank was accepted by the board of the bank yesterday without dissent. Yet privately many, probably most, of the board members and their governments had serious doubts about his suitability.

...

It is ironic that while the UN security council is likely to be restructured in line with the current distribution of economic power between states, the World Bank and the IMF remain firmly locked into the post-second world war settlement.


What sort of President do you think the hawkish Paul Wolfowitz will be?
 
 
Punji Steak
14:49 / 06.04.05
Good article on this here
 
 
wembley can change in 28 days
10:39 / 07.04.05
For those too lazy to click on the above link, George Monbiot takes a stunningly original position for a leftie, basically suggesting that the choice of Wolfowitz is so bad (albeit so in line with the actual mandate of the World Bank, which Monbiot outlines and which is worth reading), that the rest of the world will finally realize what a crappy system it is and junk the World Bank forever, or at least reform it.

His stance makes for interesting enough reading, but I still find it sadly complacent. If memory of the events of November 2004 serve me well enough, it's not enough to rely on people to realize how fucked-up the situation is and demand a change. I don't know all that much about the workings of the World Bank, but it seems clear that Wolfowitz is going to be a bad choice for poorer nations.

The World Bank site gives plenty enough information on their projects - two of the highlighted ones at present being "Fighting HIV/AIDS in Chad" and "Empowering citizens in Russia," both topics which reek of the US administration's influence. But this is nothing new - and Wolfowitz will probably not be very different from his predecessors.

We may find conflicts arising with World Bank projects in China and the US's rather desperate need to curb that country's maniacal growth. Other than that...
 
  
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