Word: zoellick
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...While many are worrying about filling their gas tanks, many others around the world are struggling to fill their stomachs.' ROBERT ZOELLICK, World Bank president, after U.S. President George W. Bush ordered the release of $200 million in emergency aid to help ease soaring food prices Numbers
...million people out of poverty by 2015. Over the past 30 years, economies that have put trade at the the forefront of their policies--such as Taiwan and Singapore--have grown much faster than those in Latin America and Africa that once tried to shelter behind tariff walls. Robert Zoellick, the U.S. Trade Representative, recently said, "Trade is a critical element--perhaps the most important element--in economic development, offering the biggest and most lasting dividends...
Last Wednesday, President George W. Bush announced that he would nominate Robert B. Zoellick, a Harvard Law School (HLS) and Kennedy School of Government (KSG) graduate, to be the World Bank’s 11th president, succeeding Paul Wolfowitz in the position. His nomination is subject to approval by the Bank’s Board of Governors, who are appointed to five-year terms by the Bank’s member countries. “Bob Zoellick has had a long and distinguished career in diplomacy and development economics,” said the President in a press conference last...
...Under Bush 2, he served first as U.S. Trade Representative and then Deputy Secretary of State, working on international trade negotiations for months on end and later on the crisis in Darfur. It was an open secret that Zoellick always wanted to be Treasury Secretary, and when it became clear that he was unlikely to get the position, he left government last year and went to work for Goldman Sachs in New York. During his year at Goldman Sachs, Zoellick kept a real-time watch on a wide variety of events in Washington and served as a foreign policy adviser...
...World Bank boss, Zoellick will have a chance to mix with every finance and foreign minister in the world, including America's own. And then there is the matter of running the World Bank. Even before Wolfowitz , embroiled in a scandal over his role in finding a new job for a World Bank employee with whom he had a close relationship, lost the confidence of the Bank's vast bureaucracy, the Bank was struggling to both justify the need for a multinational lending institution sponsoring big public projects in an era in dotted with increasingly effective non-governmental organizations...