'Third World' Caoncepts No Longer Relevant - Zoellick
Monday, April 19, 2010
In a speech setting the stage for World Bank and IMF meetings in Washington this week, where emerging economies will play a bigger role, Zoellick cautioned against falling back into patterns of self-interest. He said economic progress in developing countries had profound implications for global cooperation, multilateralism and the work of institutions such as the World Bank.
"Economic and political tectonic plates are shifting," Zoellick told an audience at the Woodrow Wilson Center. "We can shift with them, or we can continue to see a new world through the prism of the old. The meetings next week are expected to approve the first capital increase for the World Bank in 20 years. While rich industrial countries have been the biggest contributors to the World Bank and long dictated how the money is spent, emerging market countries will have a bigger role.
The recent disclosure by the IEC that 2,513 registrations have been turned down due to various irregularities should prompt all Batswana to meticulously review the voters' rolls and address concerns about rejected registrations.The disparities flagged by the IEC are troubling and emphasise the significance of rigorous voter registration processes.Out of the rejected registrations, 29 individuals were disqualified due to non-existent Omang...