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<br />B;>F Column
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<br />The World Bank After Rio: A Need for Institutional Reform
<br />
<br />8, Bruce Rlcfl an iJ'!l)rN'~ ',~f Wdstrllr;l,m Dr!/"t
<br />.t1Io auects EOFs IflINr/2I',,'lJ' PUreel H..S nfOl DOC'
<br />"Moftl)iJqmg me f3.'Tr T."t wO('1! &1". fnmonmeflliJi
<br />Impo~errs"'T'lenr dill) rt.-: ens,,, .11 De.elcome~1 ..
<br />tJeavJ.'iatJle ','IS ~a; '''''m !ledi-"an Press
<br />
<br />The \X'llrIJ thnl<.. Jlrr,IJ\' the worh,h leAd.
<br />Ing mtCfn.lIl(IO.11 Jc\"c1upmcOl Jg~n(~-.
<br />rmnglod from the
<br />Earrh Summn wuh
<br />J. m;llllr new wle. It
<br />"""111 ~~. ;l key In\llIU-
<br />ll11n-rcrh.IfH :1,(
<br />k(~' llhti!Ullol\-lor
<br />finan.:ing .InJ 1m.
<br />plemenring much 01
<br />WhJI WJ~ Jgrcni
<br />upnn I.HI June In
<br />RIo.
<br />The inJU\lri.llill,\j IUlitln~ .II ,he f.lflh
<br />Summil cndor-cJ {he Ilmk J' (he pn:fL"r-
<br />red mcan~ uf fin.lnung rrolClh In Jc\"cl-
<br />oping ndfilln~ 10 pro!e,l Ihe glohJl en-
<br />\"uunmcnt. The BJnk-JmlllnJlcd (;loh,ll
<br />Fn\lronmcOl fJ(ill!\- I(,FF} W.I' lho~cn
<br />.1' the Inr~.tun tundin~ me~h.lniqT1 tur Ih~.
<br />Hlodin-r'JlY ~nJ C1imJll:" ChJn~~- IT<:Jrin
<br />~ignl:"d In Rio. The: HJnk mJ.\ Jh.. pl.!\ .I
<br />ke~- rule: In :\~l:"nJJ ~]-.l -OO-pJ~t- dn\U-
<br />nle:nt endnr\nJ h~ ]~] n.l\ion, In RIO thAI
<br />uutline\ Ifi\'C>lml'nt, needed t(H '"\!Jin-
<br />Jblr de\'d(\pm~'llt In(O rhl' ne'tl tenlUf\'_
<br />Unfnr{UIlJtek rhe I. Hlh Summit
<br />ll'~uscd Jlmml C\dusl\rl~' Hll Inut'J"ing
<br />lun,lin~ to mte:mJu<>ll.I1 JId in'lilUlH>I1\ 'LKh
<br />H Iht, \X'Or1d B,mk, rJlher IhJn on IJ"lrlg
<br />eXlsring ,lid III de:wlurmg n.lIinn\-Jlre:.ld\
<br />s"me SS<i billion .lnnuJlh'-1Il en\'lron-
<br />me:ntJlh' .Ind '1",idlh d((ept.lhle: WJ~",
<br />)'CU\ (If ..d\'o\J(I' hI' tDr .Ind ulher
<br />e:ll\'ironmC'ntJl }.:tl>UP' Hound Ihe world
<br />Ie:d rhe: World ~Jnk Jnd {)the:r multiIJIe:r.l1
<br />de\'elopm...nl l'I.lnb hi cnmmll hi mJII~r
<br />en\'ironmentJl rdorm_ In the IJlt' I'>RU',.
<br />The Bdnk, t(~r e:umrle, h.l' \h>ppe:d fund-
<br />In}.: "ume of its mtl\{ de:slru(tIVe pl'l..~um,.
<br />such .1\ IroplCAI ti.'1"C">1 cnJomlAlIun \.:he:mes,
<br />.Ind gle.lrly C'nl.lrg~-J its C'nnrnnmental suit
<br />f\1lI nthe:f pre"ure, to mnn: mone:> J.nd
<br />meel le:nding tHgl'l\ .IpprJr 10 Ix Illr(ing
<br />Ihe: B.!nk 10 \'loIJle It, own ennmnmentJI
<br />roliciC', Jnd 10 worinue m.lSS1\-r tunding
<br />of C'n\-ironme:nlJlh un,>u,rJln.Ihlc ,In..! C'(o-
<br />nomic.llly duhie1u< progfOlm<_
<br />A di<rurbing. pldure: <>,' .ill 1Il<lilurl(ln
<br />thJI h.!" 1(1,1 dirl.";,II<," cmerg...J trom IWO
<br />unprn-C'dC'll!C'd rCptlrl_ III I'J<l~. Rr<pond-
<br />
<br />er
<br />11~
<br />
<br />Bruce RICh
<br />
<br />IIlg 10 growm" 11lICrllJlionJl trllLo,m 01
<br />thc B-.mk.f1nJIl.....J SJrdH <iJnWH d.lm un
<br />IndiJ" S'JrrnJd.! Riwr, formC'r \\-orld RAnk
<br />I'rC~lde:n1 lhrbn Cnn.ible J"ked .I spC'ciAl
<br />Independem (:omnllHI'1ll rn re:ne:'" rhc
<br />dJm. In JdJllll.n, \X'nrld l\Jnk \'icr Presi.
<br />dent Willi \X'JPrcnhJn, hC'JdcJ .Ill intnnJI
<br />rl:"Vl~'''' <II rhe: HJnk'~ enlHC 10J.n I'"rrt<llw.
<br />
<br />A Sotoriou~ hampk
<br />
<br />IndiJn CommunHles .lffn:tni b\' Ihe.- \Jrd.ir
<br />S..lfn'-H dJm. and non-g(Jvrrnmcnt,,1 m-
<br />g.lllllJllon,> C~CO~l III IndlJ Jnd Jrllund
<br />tht" world, Hgm' rhJr rhc prolC'd would hI.'
<br />.In cnvlnlnmenlJl Jnd soci.ll dis.I~IC'r_ EDI
<br />Jllnrne~' Lorr l'JAIl hJ' pl.ll'cJ A <cnlU! role
<br />With IndiAn ~(;()'\ in .I "JmpJlgn ro ron-
<br />'IIKC' thr (hnk 10 <lOp <upp<lTling Ihr d.lm;
<br />Ihi~ t:ffnr, h.IS produccJ ,r\'eul U\. Con.
<br />~rr"lond] he:dnnf:" .II "'rll .IS r~'~nlurion~
<br />hI. rhe: J.lrJm'~e: OiC'1 Jnd rht' Furupr.ln,
<br />'we:Ji~h. Jnd Finn...h J>Jrli.lnl~'nU. .Ill utg-
<br />Ill~ tht' BAnk ltJ recomider ll< ptJ\ltillll.
<br />
<br />.Host informalion on World
<br />Ra/lk fimjecls is /1/11 fi/lhlic!!'
<br />ami/ahle. e["e/l 10 Ihose '!frecled.
<br />
<br />I hr (~nmm'~<1011's re:purt olnfirmed
<br />"lllUJlty .Ill Ihe thJrgr< nlJdt' Iw I ()I- JnJ
<br />Indi.ln ~(;n'~. It t;lund lh.ll rhe dJm .Ind
<br />II_ \In.lh would likely Jl<pl.l':c :!'lll.OOO
<br />r<:"lple-nOI 90,000 or 100,000 J~ t)rlprul-
<br />l~ e:n\i'Jgt'd-,md II wJrnt.d Ih.ll hunlJne
<br />re:,...nlt'mC'nl t;H me"l 01 lhr'e: pt"oplC' I'
<br />'lmph- lmp""lhle_ The (:()mmi~,l(1ll ur~<.J
<br />lhe: K.lnk Jnd rhr Indl'ul (;t....\"tnmt'nl 10
<br />",{ep bJ;,k~ JnJ unJC'tlJkc rhe lunJJmentJ.1
<br />ell\-lwnmt'ntJI Jnd hunlJn Imp.!;,t .1"1."'-
<br />111e:fll ~rudin rhJt ~htluld h.l\l," heen ,orn-
<br />I'It:rrd bdtlrc rhe I'tOlen WJ\ hq:un n"Jrh
<br />J d~"Jdr hd;lre-.
<br />RC!:rerr.lhl~. d"~plle: the Comml""I<lll\
<br />H.nelu'l"n' and the: 'Hong "hieniun' 01
<br /><('\-erJI mJIOl Jonor IlJliun.. Ihe RJnk (on-
<br />!inue:, to fund the: J..n1.
<br />
<br />lIawC'J I'ruiC'd' IIJ'c Inau,,,d
<br />
<br />Rut "Jrdu ~.lrovu I' jU,t rhr III' of Ihc
<br />lcehrr~. The \X'Jppt'nhJn\ rrpnrt found
<br />Ih.!t rhr BJnb o"'n <1.111 Judg<,d nt'Jrl~'
<br />Y)~D of compl<'leJ p"*'l.r\ 1<1 he tAilure.
<br />1Il 1')<)1. up from l<i~ III ]9SL Thr ft'pml
<br />nuke' II drJr rhJr mn'ling lendint' tJrj::.C'!\
<br />h.l' I.Iken prc.:e:de:n.:c n\'e:r Ihe: en\"lron.
<br />mrllfJI. \"11,11. Jnd eo,"oml. "u..lill ut
<br />
<br />
<br />r""5oN.!' S4r~v,J{dtJm (:Jiiea '/r);)<dsgrea1e51plaMl,1
<br />'~IJ, a'Sdsrer N1u1C1 creale d i,!-'! 1~
<br />and ,1i~:; 'l~illI,. iI QUdr/erllr iI ro' 'VlPf'O!l;
<br />
<br />pruJeL1~. FDr is l.oll\'lIlled IhJI Ihr \X'orlJ
<br />R.lIlk ,hl.uld rne:i\'(' 11<1 fUrlhe:r funJlIl~
<br />a111i! iH PTloritie:s .HC' uJI(.llly ch,ltlgro.
<br />FDI' will rJise rhe: i"u,' "f\X'lIr1J BAnk
<br />rdorm hurh in E.lrrh 'ulnlllir tilllo",-up
<br />nq:ori.luo!1' Jr rhe U.S. Jnd .It Ih(" mC'cl.
<br />Ing In Jul\' III Tok~.u of Ihe (;rnup lit" .'IC'\'el1
<br />\(,-) must Illdll~rri;)liled n,llllln,_ Clll-
<br />m.llc:l~'. rclorm, willlmly ~u(<<,ed It" they
<br />.Ire promlllt'd h~' rh,- (;7, who contwlllH'r
<br />h.llt" the RJnk's \"tltin~ ..h..lrn.
<br />lCJdin~ ,ht: Ii\! ut nredrd rdarms IS
<br />~t'lIing {hr (;"' Jnd rhe: U.S. ((l pre.., rh~'
<br />fhnk ro mJkt" prule:CI qU.llir)' Jml ('nvirnn.
<br />tl1enul ,u'l.Iin.lhill!~ u, top priurlllC:'_
<br />(-rill,JIIl! thi_ c:t"ii'r1 i, prom<lling more
<br />opC'nne<' .lnJ freedum of Inform.l,ion un
<br />\'furld B..nk "dr\'lllr~ tar rhe: public Jnd
<br />:,<,(~n~ in dnc:lnping Jnd donor n.lrinn"
<br />:h in Ihe: p,m, rno~t mti)rmJ.lion on \X~Jdd
<br />R.lnk prujCl!\ IS nut puhlicly d\'Jihhlc.
<br />even 10 ,hl1~e who .lte JffeueJ.
<br />fhe: <iOth :\nnr\'t'rur\' of ,hr Brcllnn
<br />\X"~od\ Conlcrcn.:e. which <.lW the: found-
<br />1Il~ of the: \X'orld Bmk. rhc InrC'IIlJlillllJI
<br />~l'lnclJ.ry fund, Jnd lht' e:nrire: post-\\brld
<br />\X'Jr II gloliJ.1 c.:onomic ordn. will occur
<br />In 1'It)..t .IntJ 199"1 will rnJ.fk the: ''10th
<br />AnnlHnJlY ui tht' L:nlle:d SJ.llOn\. A
<br />nlJlnr pJrt of FDr"s illlern.U10nJI cfforl~
<br />III Ih... nrJr future: will ;j;irn 10 mJkc (hc~c
<br />rwo d.l!l.'\ O,l.!\IOOS It} rc:larm Jnd rrin-
<br />\C'1lI llllern.llion;j;llIl"ri[UliCln~ ro mert .I
<br />I'I"t cllld.wJI_ post- Ri(l Summit world III
<br />whi(h C'n\'1ronme:ntJI ,ccutin' hJ' hc~omc
<br />,I glnhJI rfLOfl('-
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