World Bank Affair

Money or Love

Wolfowitz' career in the World Bank is not presumed to last for a long time. Before the 'Riza-schandal' he already had to face a lot of criticism. He was never famous for his managing skills. Some people were opposed to his appointment because he is no specialist in any of the major problems of poverty, for instance water management, economy or pubic health. Now he is under fire for the promotion of his partner, it does not seem he will last a lot longer... full story


By CELINE te BRAAKE
from Groningen, The NETHERLANDS


Essay

National Traits and the Nature of Innovation

The Chinese do not invent anything; they only copy. Italians design beautiful shoes, but who ever heard of a Tuscan computer programmer? Russians dominate chess, yet cannot seem to engineer a children's toy. Germans excel when they control all variables of a high-performance automobile. The French routinely lead in technologies that require large government subsidies... full story


By G. PASCAL ZACHARY
from Stanford University, USA