CANADA-EUROPE PARLIAMENTARY ASSOCIATION
Report of the
Canadian Parliamentary Delegation to Athens, Greece
Fourth Annual Conference of the Parliamentary Network on the World Bank (PNoWB)
May 9th – May 10th, 2003
Introduction
From May 9th to May 10th, a delegation of two Parliamentarians representing the Canada-Europe Parliamentary Association traveled to Athens, Greece, to attend the Fourth Annual Conference of the Parliamentary Network the World Bank (PNoWB). The delegation consisted of Roy Cullen, M.P. Etobicoke North, and John Williams, M.P., St. Albert.
In attendance at the meeting were approximately 126 parliamentarians from some 66 countries, representing both donor and recipient countries, together with 26 observers and a number of speakers. A group of 8-9 individuals from the Parliamentary Assembly of the Council of Europe were in attendance at the conference.
Whereas the initial focus of the PNoWB was the World Bank, this is expanding and currently includes the International Monetary Fund (IMF) and the UN.
One of the highlights of the conference were two segments entitled 90 Minutes with the President of the World Bank, followed by 90 Minutes with the Managing Director of the International Monetary Fund. Both Mr. James Wolfensohn, President of the World Bank, and Mr. Horst Köhler, Managing Director of the IMF, in separate sessions, delivered brief comments at a plenary session, followed by a question and answer period.
Purpose of the Parliamentary Network of the World Bank,
and the March 9/10 Conference
The purpose of the Parliamentary Network on the World Bank (PNoWB)
is to increase parliamentary involvement and effectiveness in the field of
international development.
The core mission of the PNoWB is fivefold:
1. Accountability: To facilitate and encourage direct policy
dialogue between Parliamentarians and multilateral development institutions
to provide greater transparency of World Bank policies and practices and
increase collective accountability.
2. Advocacy: To provide the members of the Network with a
platform for coordinated parliamentary advocacy on international development
issues.
3. Networking: To encourage concerted action, early
debate and exchange of information among Parliamentarians on major issues of
international development, finance and poverty eradication.
4. Partnerships: To take initiatives to further cooperation
and encourage partnerships between parliamentarians and policy makers, the
academic community, the business sector and non-governmental organizations
on development issues.
5. Progress Review: To promote the development of
parliamentary mechanisms and practices for the effective democratic control
of development assistance in all its phases.
To achieve these objectives, the PNoWB delivers the following programs
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Dialogue with Mr. James Wolfenshon, President of the World Bank
Mr. Wolfensohn indicated the two key challenges currently considered priorities by the World Bank is focused on –
-Five percent of the world’s population shares in 20% of world GDP;
-current levels of ODA total US$52 billion, which can be contrasted with US$311 in agricultural assistance worldwide, and US$90 billion in defense spending;
Increasing the amounts that developed countries commit to international aid is more easily accomplished when the world economy is strong and stable.
Mr. Wolfensohn also cited some continuing areas of concern/action –
-combating HIV/AIDS;
-fighting corruption by building capacity and pushing for legal and judicial reform;
-supporting education, health and infrastructure projects; and,
-promoting improved interaction with the private sector and civil society.
Dialogue with Mr. Horst Köhler, Managing Director of the IMF
Mr. Köhler stressed that current geopolitics (e.g. tension in Iraq) were bad for business investment and consumer spending. These factors lead to lackluster economic growth which results in reduced development assistance. He spoke about the need for more economic growth in Europe and for structural reforms in countries like Japan. He mentioned that trade barriers, particularly in agriculture, limit growth in developing countries. In his view world leaders need to develop a more thoughtful policy framework to deal with globalization. The two downsides of globalization, in his view are that too many people will be left behind, together with the risk of financial crisis.
Mr. Köhler discussed the need for balance between human rights and human responsibilities amongst –
He indicated that the IMF is in the process of change –
He concluded by emphasizing the following priorities for the IMF–
Private Meeting with James Wolfensohn
John Williams and Roy Cullen had a twenty minute meeting with President Wolfensohn, at which time the work of the Global Organization of Parliamentarians Against Corruption (GOPAC) was outlined. Mr. Williams described the key specific projects that GOPAC was emphasizing, including combating money laundering; the need for the rule of law; and appropriate policies to deal with the financing of political financing. Mr. Cullen gave Mr. Wolfensohn a preview of the anti-money laundering initiative that he is leading on behalf of GOPAC.
Mr. Wolfensohn endorsed GOPAC’s aims and objectives and offered his support. He also indicated his keen interest in, and relevance of, the continuing work of GOPAC and the anti-money laundering initiative, and pledged the full support of the World Bank to GOPAC and to initiatives focused on the scourge of money laundering.
Work in the area of money laundering will require coordination with the Financial Action Task Force (a product of the G-7), and its secretariat, which is housed at the OECD in Paris.
Other Panel Discussions
There were a variety of panels on a variety of topics–
One of the more interesting panels was the one that dealt with the topic - Achieving the Millennium Development Goals: how can parliamentarians make things happen?
At the Millennium Summit in September 2000 in Monterrey, Mexico, world leaders adopted specific and quantifiable development goals. Subsequently, the United Nations published 8 Millennium Development Goals in the September 6, 2001 Report of the UN Secretary General on the road map for implementation of the UN Millennium Declaration. The 8 goals are:
These are ambitious goals and some say that they are unrealistic and not attainable. However, one of the panelists, Ms. Eveline Herfkens, the UN Secretary General’s Executive Director of the Millennium Development Goals Campaign, was more optimistic and highlighted the role that parliamentarians can play in holding the executive branches of their governments to account for the commitments they made as their contribution to the Millennium Goals Development Campaign. This applies equally to donor and recipient countries.
U.S. Congressman Barney Frank told the conference that it is a mistake to try and justify more foreign aid using the security argument; i.e. that more aid will make for a safer world. He suggested that this rationalization could attract a ‘belligerent, rather than a benevolent response’ from donor countries like the United States.
Within the context of agricultural subsidies in the U.S.A. and Europe, Congressman Frank emphasized the need to address the ‘losers’ should agricultural subsidies be significantly reduced or eliminated. Only with this approach can progress be made in addressing these subsidies – an initiative that is most important for developing countries.
Conclusion
The Parliamentary Network on the World Bank is fulfilling an important oversight role for parliamentarians on the policies and operations of the World Bank and the International Monetary Fund. Through this organization parliamentarians have the opportunity to contribute to the debate on how to reduce world poverty and enhance international financial stability.
Respectfully submitted on behalf of the delegation,
Roy Cullen, M.P.