Jul 26, 2007Reuters
World Bank President Robert Zoellick will travel to Asia next week, using his first official trip to visit big aid donors Japan and Australia as well as poor borrowers Cambodia and Vietnam, he said on Wednesday.
Zoellick, a former US chief trade negotiator and deputy secretary of state now in his first month as World Bank president, indicated he would not shy away from discussing corruption and governance issues.
"I want to try to stress the overall rule of law, good governance, the openness of a society and how it can contribute to development and opportunity," he told reporters.
China and several other states reacted angrily earlier this month at published World Bank governance rankings that gave some authoritarian states low rankings in areas such as democratic accountability.
"It's unfortunate that it's become such a controversial item, in that if you look at most of the work in the development field, having sound institutions and having good governance is a core element," he said, without referring to a particular country.
Zoellick will first meet in Australia with finance ministers of the Asia-Pacific Economic Co-operation grouping.
Talks with the 21-member APEC forum ministers, coinciding with the 10th anniversary of the Asian financial crisis cover "what's been achieved (and) where are the question marks in the system," he said.
In Cambodia and Vietnam, Zoellick will visit World Bank projects and hold meetings with government officials, business leaders and civic groups.
"One of the challenges here is that even though they've got pretty good growth, the capacity in the country is very thin," he said of Cambodia. Cambodians remain heavily dependent on textile exports and Zoellick said he hopes the bank can help "broaden their overall economic possibilities."
Vietnam, he said, was "now starting to deal with the second stage of reforms" after an economic boom in its cities, and it needs to spread growth to poorer rural areas.
Japan, the World Bank's second-largest shareholder, is a leading player in international development aid with an annual aid budget of some $9 billion that will host next year's Group of Eight industrialised nations summit, Zoellick said.
"I'm interested in trying to get the sense of priorities that Japan sees in the development area," he said, adding that he would thank Tokyo while encouraging the Japanese to continue their support for international development.
Zoellick, a former US chief trade negotiator and deputy secretary of state now in his first month as World Bank president, indicated he would not shy away from discussing corruption and governance issues.
"I want to try to stress the overall rule of law, good governance, the openness of a society and how it can contribute to development and opportunity," he told reporters.
China and several other states reacted angrily earlier this month at published World Bank governance rankings that gave some authoritarian states low rankings in areas such as democratic accountability.
"It's unfortunate that it's become such a controversial item, in that if you look at most of the work in the development field, having sound institutions and having good governance is a core element," he said, without referring to a particular country.
Zoellick will first meet in Australia with finance ministers of the Asia-Pacific Economic Co-operation grouping.
Talks with the 21-member APEC forum ministers, coinciding with the 10th anniversary of the Asian financial crisis cover "what's been achieved (and) where are the question marks in the system," he said.
In Cambodia and Vietnam, Zoellick will visit World Bank projects and hold meetings with government officials, business leaders and civic groups.
"One of the challenges here is that even though they've got pretty good growth, the capacity in the country is very thin," he said of Cambodia. Cambodians remain heavily dependent on textile exports and Zoellick said he hopes the bank can help "broaden their overall economic possibilities."
Vietnam, he said, was "now starting to deal with the second stage of reforms" after an economic boom in its cities, and it needs to spread growth to poorer rural areas.
Japan, the World Bank's second-largest shareholder, is a leading player in international development aid with an annual aid budget of some $9 billion that will host next year's Group of Eight industrialised nations summit, Zoellick said.
"I'm interested in trying to get the sense of priorities that Japan sees in the development area," he said, adding that he would thank Tokyo while encouraging the Japanese to continue their support for international development.
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