FORA Economy

Season 2006 Episode 0927

Monitoring the World Bank

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Monitoring the World Bank
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Monitoring the World Bank with Jenna Dorn.A global cooperative owned by its 184 member countries, The World Bank provides $20 billion annually in loans, grants, and technical assistance to low and middle income countries. Its mission is to reduce poverty and improve living standards of people in the developing world, but it is frequently criticized for being ineffective, or for following policies that are actually counter-productive to its goals. What are the U.S. expectations for the bank?As of 2006, following its September Global Summit, what are its successes, failures, and on-going challenges? Does it interact effectively with other organizations, such as the UN, USAID, governments, and the myriad non-profit organizations which have similar goals?Jennifer Dorn is the U.S. Executive Director to the Board of The World Bank Group in Washington DC. She represents the US government as the largest shareholder of the Board of Directors, and had just returned from the 2006 World Bank Summit meeting in Singapore before this engagement.Prior to this appointment, her fourth Presidential appointment, she served as Administrator of the Federal Transit Administration, one of six operating administrations in the Department of Transportation. She was also Assistant Secretary for Policy at the Department of Labor under President George H.W. Bush, and as the Associate Deputy Secretary of Transportation under President Reagan.moreless

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