I had the chance today to attend a speech by ASEAN's (Association of Southeast Asian Nations) Secretary General, Dr. Surin Pitsuwan, right after he had met with the Bank's President Bob Zoellick. He told us they discussed ways to increase the cooperation between the two organizations, but the most interesting and pressing aspect of it all is that they talked about specific ways in which the Bank will be helping out the victims of Cyclone Nargis through ASEAN.
World Bank Group President Robert B. Zoellick said the institution was ready to help the victims of China’s earthquake as he expressed his condolences following the disaster that hit the central province of Sichuan on May 12, killing about 15,000 people.
A couple of days ago a reader, Nicholas Cantrell, posted a very interesting comment in my post “Nam Theun 2: Just about ready to start filling in.” The comment poised a number of questions, but if
As advanced in an earlier post, here's a short list to the webpages for online donations of international NGOs that have a large presence in the country and so are likely to be most effective under the difficult circumstances:
The question of whether China is overwhelmed by capital inflows has been asked for quite a while now. If a question continues to be asked, there is probably a good reason for it. Whether the answer is yes or no depends on how you look at it.
The New York Times reports that some aid has begun flowing into Myanmar, but it looks like the mobilization for major relief operations is still underway and not clearly defined.
As the official estimate of fatal victims of cyclone Nargis raises to 22,000 --not counting the more than 40,000 missing--, World Bank President Bob Zoellick has just issued a statement:
Soaring food prices have suddenly become a major concern for policy makers in East Asia. The price of rice - which provides one third of the region's caloric intake - is a particular worry. Rice prices have been moving higher since around 2004, although this was from very depressed levels in the early years of the decade. Prices surpassed $300 a ton in early 2006 for the first time since the late 1990s, kept moving higher, and then took off at an accelerating pace from late 2007: up 11 percent in the the fourth quarter, then 56 percent in the first quarter of 2008 an