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【Development Report】Are the World’s Institution Lenders Ready to Reform?

 

     This is the VOA Special English Development Report.

     The African Development Bank held its yearly meeting in Shanghai, China earlier this month. The bank’s chief economist announced the economic growth rate in Africa is expected to reach six percent this year. This is the highest in twenty years. Foreign demand for natural resources, especially oil, has helped create the growth. 
          
      Dennis de Tray is vice president of the Center for Global Development in Washington, D.C. He says that six percent economic growth in Africa is good. But he says long-term development on the continent will be a problem for generations.

       Mister de Tray led a working group last year that provided independent advice to the bank’s shareholders and its president, Donald Kaberuka. The Rwandan economist took over leadership of the African bank in two thousand five. Ten years earlier, the economic security of the African Development Bank had been in question. It was almost out of money.

       Mister de Tray says needed reforms at the African bank are different from reforms announced at a meeting of the Asian Development Bank. That bank met earlier this month in Kyoto, Japan. Mister de Tray believes the Asian Development Bank is facing an identity crisis. The countries receiving the most money are becoming established nations with rich resources. As a result, loans from the Asian Development Bank are unnecessary. Yet, Mister de Tray says there is a small group of countries in Asia still developing, including Laos and Cambodia. These countries will continue to need assistance from the Asian Development Bank.

       He says the African Development Bank is in the middle of a continent that will need development aid for years to come. Some countries have gained success. But many others are still trying to create continued development that does not harm the environment. The African Development Bank is doing a better job serving its member countries, Mister De Tray says. But, he believes the bank still has a long way to go to reach a level of success.

       Mister De Tray thinks that reforms needed within all of the world’s international banks are related. And, over the next year, he predicts a debate about how the system works.

       And that's the VOA Special English Development Report, written by Jill Moss. You can read and download audio of Special English programs at our web site, voaspecialenglish.com. I’m Shep O'Neal.

试翻译:

    非洲发展银行于本月初在中国上海召开例行年会。银行首席经济学家宣布,本年度非洲年经济增长率有望达到6%。这是20年来经济增长的最高点。国外对自然资源尤其是石油的需求,推动形成此次增长。

    华盛顿特区全球开发副总裁Dennis de Tray说,在非洲,经济增长率能达到6%是好事。但他也表示,非洲大陆的世代长远发展将是个难题。

    de Tray先生去年领导的工作小组为股东和银行行长Donald Kaberuka提供自主建议。这位卢旺达的经济学家在2005年接管非洲银行。10年前,非洲发展银行的经济安全受到质疑,一度几乎资金缺乏。

     de Tray先生说非洲银行的改革很有必要,所采取的改革方式不同于在亚洲发展银行会议上宣布的改革方式。亚洲发展银行于本月初在日本京都召开会议。de Tray先生认为亚洲发展银行正面临认同危机。拥有丰富资源的国家却得到了最多的资金资助。结果,亚洲开发银行提供的贷款是多余的。然而de Tray说包括老挝和柬埔寨在内的一些亚洲的发展中国家,仍需要得到亚洲发展银行的援助。

     de Tray表示非洲发展银行成为未来几年需要得到开发援助的非洲大陆的中流砥柱。一些国家已经取得成功,其他一些国家仍在创建对环境无害的持续发展模式。De Tray先生说,非洲发展银行正更好的为其成员国服务,但他认为距离成功还有一段很长的路要走。

     De Tray先生认为所有全世界范围内的国际性银行需要的改革措施是有联系的。他预测明年会有一个关于银行体系如何运转的争论。

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