David Dollar: The World Bank in China

David Dollar: Well the primary objective of the World Bank is to help developing countries grow and develop, and our main objective is to help countries reduce poverty. So the World Bank has a long history of working in China on different types of projects that have helped reduce poverty. But personally I interpret this mandate quite broadly. I moved to China three years ago for this assignment, and I've come to think that the key challenge that China faces is really environmental management, natural resource scarcity, water, energy, these key resource issues. So I think that the impress of poverty reduction that China has achieved is not going to be sustainable unless China really comes to grip with these environmental challenges. So on a practical level, I've tried to shift our World Bank Program to support a lot of different environmental activities in China, in the water sector, and developing new energy sources. For example, we financed the first big wind power station in China, and demonstrated that this is economically viable. We financed different types of clean energy technologies. So I guess I see what I'm doing as working with Chinese partners to help them address some of their key challenges, and that goes beyond environment; but a lot of our work now is focused on the environmental area.

Recorded on: 7/3/07

 

 

 

China's main challenge is environmental management.

California wildfires death toll climbs to 50

Firefighters in California are still struggling to contain several wildfires nearly one week after they broke out.

(Photo by Elijah Nouvelage/Getty Images)
Politics & Current Affairs
  • Hundreds of people are still missing after three wildfires spread across Northern and Southern California last week.
  • 48 of the 50 deaths occurred after the Camp Fire blazed through the town of Paradise, north of Sacramento.
  • On Tuesday night, a fourth wildfire broke out, though it's mostly contained.
Keep reading Show less

Too much sleep results in cognitive decline, researchers find

We know the dangers of too little sleep. Now for the other side of the story.

Photo: Vladislav Muslakvo / Unsplash
Surprising Science
  • Western University researchers found that sleeping over eight hours per night results in cognitive decline.
  • Oversleepers suffer similar difficulties on certain cognitive tests as those who sleep under seven hours.
  • Not all the news is bad: One night of oversleeping results in a cognitive boost.
Keep reading Show less

Russian reporters discover 101 'tortured' whales jammed in offshore pens

Protected animals are feared to be headed for the black market.

(VL.ru)
Politics & Current Affairs
  • Russian news network discovers 101 black-market whales.
  • Orcas and belugas are seen crammed into tiny pens.
  • Marine parks continue to create a high-price demand for illegal captures.
Keep reading Show less