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...Loans Peter Gumbel's "IMF 2.0" fully captures the sentiment and distrust of developing economies toward the IMF, and the negative impact on people's lives of corrupt and inept government officials' dealings with the IMF [April 20]. Certain governments in Africa took IMF loans on behalf of their people who then suffered the debt with neither accountability nor the hoped for development. Now the loan conditions are being relaxed, the IMF must ensure that loans do not get to corrupt governments anymore, and where they do, the loans must be accounted for with development projects and fiscal responsibility. Obinna...
Afghanistan: Karzai, for Better or Worse... It's been an open secret for some years now that the U.S. deems President Hamid Karzai incapable of delivering the sort of governance essential to winning the war against the Taliban. His administration is notoriously corrupt, dependent on the support of unsavory warlords - some of whom are no more inclined to allow girls to go to school than is the Taliban - and may possibly even be in league with drug traffickers. And yet, this week's news that Gul Agha Sherzai, seen by many Western diplomats as a favored challenger to Karzai...
...military may also be more sanguine about the Taliban than Washington has been because the generals tend to view the country's political establishment, most directly challenged by the militants' gains, as corrupt and self-serving. The army, rather than the relatively weak political institutions, is the spine of the Pakistani state, and democracy has never been seen as a precondition to its survival. If the turmoil in civil society reaches a boiling point, the military, however reluctant its current leadership may be to seize power, can be reliably expected to take the political reins...
...West Bank, which is governed by Fatah and Abbas, in the hope that Palestinians - seeing the contrast - will desert Hamas, thus forcing it to capitulate to our demands. But the strategy has failed for three big reasons. One is Fatah, which is still widely considered incompetent and corrupt. Another is Israel, which hasn't given Abbas what politically he most needs: a halt to - or reversal of - West Bank settlement growth. The final reason is Hamas itself, which has an incentive to foil our plans. All the organization has to do is what it did late last year: lob enough...
That would be bad news for Mexico, and bad news for the U.S. The PRI came to power in 1929 by reestablishing order after the bloody chaos of the Mexican Revolution. It set up an elective dictatorship, one of the world's most corrupt, infamous for ballot-box fraud and notorious for blaming all its epic failings on Washington. The party was also as soulless as its massive, East German-style headquarters in Mexico City. It stood for little more than the cynical acquisition of power and its spoils - the manifestation of Octavio Paz's premise that Mexico...