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Paul Wolfowitz, President of the World Bank, discussed the fight for good governance and the fight against corruption. More and more African countries are taking on the challenge of corruption. It is important to work with the private sector to combat corruption in developing countries. It should be possible to work to strengthen systems in the country rather than trying to create parallel systems that bypass and, in the process, weaken indigenous systems. He noted the need to monitor progress and to work with donors on harmonization. A strong private sector creates jobs, opportunities for people to improve their own lives and even more importantly the lives of their children in honest work rather than in corruption. It is a virtuous circle where good governance leads to stronger development and stronger development leads to stronger governance.

Corruption --- Corruption & anticorruption Law --- Elections --- Free Press --- Good Governance --- Governance --- Law and Development --- Leadership --- National Governance --- Poverty --- Public Sector Development --- Social Accountability --- Social Development

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Paul Wolfowitz, President of the World Bank, remarked that the Gender Equality Millennium Development Goal is a central component of our overall mission of fighting poverty and empowering women in their education and opportunity for a better future. Gender equality is more than a women's issue, it is a development issue. If one of the wheels of the cart isn't moving, the cart won't go very far. We have already missing the 2005 target to eliminate gender disparity in primary and secondary education. Trends in South Asia and Sub-Saharan Africa put us in danger of missing the 2015 target. We must bring more women into the labor force and into higher-paid occupations. The Bank has made significant progress on gender mainstreaming in social sectors like education and health, but more must be done to support shared growth in such areas as infrastructure, energy, and transport.

Agricultural --- Child Mortality --- Children --- Corruption --- Crops --- Economics --- Equality --- Equity and Development --- Gender --- Gender and Economic Policy --- Gender Issues --- Health --- Household Income --- Knowledge --- Literacy --- Participation Rates --- Poverty Reduction --- Women

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Paul Wolfowitz, President of the World Bank, reminded participants that it is important to remember the more than 1 billion people worldwide struggling to survive on less than USD 1 a day. Fighting the scourge of poverty is at the heart of the World Bank Group's mission. The burden of debt and the disease of corruption threaten to undermine the efforts to meet the Millennium Development Goals. Many regions of the world have made significant progress to improve living standards and reduce poverty. Sub-Saharan Africa is moving dangerously in the opposite direction. Africa's richest resource, and its best hope, is its people. But more development financing and debt relief is needed. In the long run, neither aid nor debt relief will help the poor escape poverty without a transparent and accountable government. We are seeing an informed African citizenry demanding change. The World Bank Group is committed to supporting champions of reform in both government and civil society. Partnering with parliaments from donor countries is as important as working with parliaments in recipient countries. To achieve true prosperity for our integrated planet, we must work together to help give the poorest among us the chance to find their way out of poverty.

Access to Finance --- Accountability --- Concessional Lending --- Corruption --- Debt --- Debt Markets --- Elections --- Finance --- Finance and Financial Sector Development --- Free Press --- Global Economy --- Good Governance --- Governance --- Leadership --- Legal Framework --- Living Standards --- Parliamentary Government --- Poverty --- Poverty Monitoring & analysis --- Poverty Reduction --- Public Sector Development --- Rule of Law --- Small Businesses --- Trade Reform --- Transparency

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Paul Wolfowitz, President of the World Bank, spoke about Education for All being at the forefront of the development agenda. He spoke about four pillars to improve the education: (i) More aid: Education for all; (ii) Better aid: Quality of education that ensure the financial resources to align behind developing countries polices and strategies; (iii) Faster aid: New aid instruments and aid delivery mechanisms need to be used to ensure that resources are channeled fast to the local levels, where they are most needed; and (iv) Long-term predictable aid: Developing countries cannot develop comprehensive sector-wide strategies without being able to rely on foreign aid for more than 2 or 3 years. Moving forward, the World Bank will continue to expand our support for countries with good policies and help them build capacity.

Education --- Education Finance --- Education for all --- Primary Education

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Paul Wolfowitz, President of the World Bank, discussed good governance, policies, and practice that are the means to achieve better development results. He spoke of sound principles of accountability and transparency that not only assure funds that are spent as intended, but also are essential to accelerating economic growth, helping the poor to escape poverty,and achieving the Millennium Development Goals. He highlighted the need to find solutions which are innovative and flexible and which respect the unique constituents and conditions in each country. He concluded by saying that the effort to strengthen and improve governance is a key element in the fight against poverty.

Accountability --- Civil Society --- Corruption --- Corruption & anticorruption Law --- Development Economics & Aid Effectiveness --- Fraud --- Good Governance --- Governance --- Judiciary --- Law and Development --- Macroeconomics and Economic Growth --- Multilateral Organizations --- National Governance --- Political Parties --- Poverty --- Public Sector Development --- Social Development --- Transparency