♠ Posted by Emmanuel in Bretton Woods Twins,Development
at 5/28/2007 09:00:00 PM
I sincerely hope that this is the last Wolfowitz post I will ever have to make. Somehow, though, I think this guy won't be taking it easy with a well-deserved retirement sipping pina coladas in the Bahamas. BBC Radio Four interviewed Wolfowitz today. This clip is in RealPlayer format. Wolfowitz's bottom line: it's the media's fault, and the World Bank's as well. He takes umbrage to the interviewer's line of questioning as one would expect. After the interview, Kiwi economist Robert Wade offers his afterthoughts on the matter. Perhaps surprisingly, Wade is somewhat sympathetic to Wolfowitz, particularly his perceived "passion" on the matter of African development. However, Wade views the emphasis on corruption that Wolfowitz took to be excessive as developing countries are almost "by definition" afflicted by corruption.