| | Development Committee - Statement by the Honourable Paul Martin, Minister of Finance, Canada (Site not responding. Last check: 2007-11-07) |
 | | Canada’s support for additional capital, however, would be predicated on efforts by the Bank to increase the development effectiveness of its operations, including forging a stronger link between Bank lending and performance on governance issues. |
 | | Canada also supports a full writedown of all debts (ODA and commercial) owed to official bilateral creditors by least developed countries (LLDCs) expected to qualify for HIPC relief, and which have shown a commitment to good governance and human rights. |
 | | In any analysis of the economic situations of small states, particular emphasis must be placed on their vulnerability to natural and economic shocks and on the very real risk for small states of being marginalized in the context of globalization. |
| web.worldbank.org /WBSITE/EXTERNAL/DEVCOMMEXT/0,,contentMDK:90016875~menuPK:60001657~pagePK:64000837~piPK:64001152~theSitePK:277473,00.html (2142 words) |