AI cont'd.
Fukuyama on World Bank reform.
If an international organization were truly serious about tackling the problem of corruption, however, sitting on aid is precisely what it would have to do. This is why the single most successful effort to spread good governance around the world is the European Union?s accession process. Unlike the Bank and its loans, the EU?s member states are not eager to expand membership in their club. This means that their conditionality is properly back-loaded: no one gets the big plum of EU membership until they have satisfied its governance criteria. This has put countries like Romania, Bulgaria, and Turkey under the gun in a way that the Bank could never do.
[Link]
