O'Neill: "WB has driven poor countries into a ditch"

[Charles Jannuzi]

>"Vikash Yadav" <vikash1 at ssc.upenn.edu>
>Subject: RE: O'Neill: "WB has driven poor >countries into a ditch"
>Peter,
>Below is a very similar article by the New >York Times on O'Neill's
>statement...  It does appear that this >"international compassionate
>conservatism" is really a devious plan to >destroy the World Bank.
>Best,
>Vikash Yadav

I suppose if you could find anything at all to like about the bank you could
say 100% American domination of it will destroy it.I'm not saying you are
saying that, just thinking out loud here.

The greatest game of all though will be how Bush and O'Neill basically
divide, conquer and rule: they will largely get what they want on
'liberalization of financial services' WITHOUT a shot being fired at the
next round of WTO. Thre will be disagreement over the US's expressed goals,
so they will do it outside the WTO. Japan's on board; one European Union to
go.

Charles Jannuzi