Tuesday, April 25, 2006

Best IMF Meeting Ever?

Yep. Now I'm not an expert on the IMF and i might be wrong. The IMF of 1965 might have been the best ever but i have no idea what happen then. All i can is this weekend agreement between all the member states of the IMF to make the IMF more useful in the global economy, was rather unexpected. I admit that i wasn't following anything at all about the World Bank/IMF meeting over the past weekend. I barely read any stories on it and I figured nothing major was to come out of it, well i was wrong.

Also Wolfowitz was pulled in a bit by his anti-corruption campaign. I believe that corruption has a major impact on development and everything should be done to prevent large scale corruption. But i don't like a project should be stopped just because a few people got some pocket bribes.

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