After two decades of indefensible neglect, agriculture is back on the agenda. The World Bank's publication of the 'World Development Report 2008: Agriculture For Development' (hereafter WDR), the first WD R on agriculture since 1982, reflects this renewed interest in the sector's potential to reduce rural poverty and inequality.
Australian National University Department of International Relations
Abstract:
China's entry into the World Trade Organization (WTO) caused widespread concern that it would gain market share at the expense of other economies in East Asia, especially the lower-income ASEAN economies. Economic modelling done by the World Bank and others appeared to substantiate these fears; the conclusions of these studies caused further consternation among politicians and academic commentators in Southeast Asia who believed that China's success in the 1990s in attracting foreign direct investment had come at ASEAN's expense.
Prospects for the independent oversight of how the Coalition Provisional Authority manages Iraqi oil revenues were improved Friday with the first meeting of the International Advisory and Monitoring Board (IAMB), says Iraq Revenue Watch, a program of the Open Society Institute's Central Eurasia Project.
The audit body, created in May under United Nations Security Council Resolution 1483, consists of four members representing the United Nations, the International Monetary Fund, the World Bank, and the Arab Development Fund.
Topic:
Governance, World Bank, Transparency, Iraq War, and IMF
Iran has been experiencing nationwide student demonstrations this week, touched off by a hardline court's recent decision to sentence Tehran professor Hashem Aghajari to death for advocating reform of the Shi'i clergy. Although Aghajari's message was well within the mainstream of traditional Shi'a thought, it presented a challenge to the hardline clerics, who insist on a far-reaching revision of Shi'a that includes unquestioning obedience to ruling clergy. The death sentence was meant to send a message to other midranking academics within the reformist movement. Yet, the hardliners' grave miscalculation about the reaction of the Iranian street has led to protests in Tehran, Tabriz, and other Iranian cities.
Topic:
Security, Religion, and World Bank
Political Geography:
United States, Iran, Middle East, and Arab Countries
Even prior to September 11, the World Bank emphasized the links between economic development, hopelessness, acts of desperation, and terrorism. To be sure, there is no one-to-one connection between poverty and terrorism, but surely poverty feeds hopelessness, which then creates an enabling environment for terrorism. Living in a society with such despair, terrorists can perceive and present themselves as champions of the poor. The acts that were perpetrated on September 11 proved that building a wall around the prosperity of a particular region of the world simply does not work. The world is truly globalized and unified; events and problems know no borders.