Thursday, May 17, 2007

Wolfowitz Quits

After weeks of struggle Paul Wolfowitz offers his resignation. This has been the greatest example of good governance (of course I am rather optimistic writing this, since there are so much to be desired). When it was revealed that he helped to arrange a better deal for an individual to whom he has personal attachment, there were bodies, monitoring bodies, to report the incident. There was a committee to determine whether he has broken any rule or not. The fact that such system works and can function even in a complex set up such as that of the World Bank empowers the argument for good governance. Well Done.
Financial Times Article is interesting:

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