Vol.22 No.43

Monday 21 March 2005    

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Editorial
World Bank nominee does not inspire confidence

Ediotr
3/18/2005 4:08:01 PM (GMT +2)

The nomination of Paul Wolfowitz as World Bank head by United States President George Bush raises critical issues about the independence of the institution and its ability to give development loans to countries that do not conform to the Americanisation of the world.


However, the nomination does not come as a surprise given the fact that Wolfowitz is one of the architects of the US war in Iraq. He is cut from the same cloth as the likes of US Vice President Dick Chenney and Defence Secretary Donald Rumsfeld, and former Deputy Secretary of State Richard Armitage - the kingpins in the Bush agenda to Americanise the world and eliminate non-conformists. Though Wolfowitz lacks experience in finance and development, his sole credential for securing his country's nomination for this job is that he shares Bush's vision of spreading America's hegemony. The Bush people call it spreading democracy. Democracy is not a bad thing. But it becomes reprehensible when it is prescribed by and from America - and enforced by American marines. The American prescription of democracy sees everything only through the American way of doing things. The US should take serious note of the fact that the world is not a monolithic entity. It should appreciate the different attributes of countries and promote mutual coexistence. Wolfowitz belongs to the ultra-conservatives who believe in absolute Americanisation of the world. This lot believes that anything to the contrary should be eliminated by might. It is clear that the White House intends to use the World Bank to spread its influence. If that is the prevailing thinking, then countries such as Iran that are deemed by the US as part of an "axis of evil" would surely not get loans from the American-led World Bank. The criteria for a country to qualify for loans would be purely based on whether the country tows the American line. Another sad day for the world.

Today's Thought

Wherever you go, no matter what the weather, always bring your own sunshine.

- Anthony J. D'Angelo

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