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telelogo4.jpg (7056 bytes)   Kathmandu,Wednesday, 05 December 2001

INTERNATIONAL


On the eve of Finnish National Day: December 6, 2001
WHAT IS NOT CHANGING IN FINLAND

In the fever of change we easily forget what is not changing and that is just constancy which defines the direction of change.

Independent Finland is a special case in the European union. We have no long histyory, no medieval cities and no lost ages of greatness. Our national identity was created quickly and was centrally planned at the end of the 1800s and beginning of the 1900s when we were first an autonomous pat of Russia, and from 1917, an independent nation. The process led to an exceptionally homogenous national culture, which embraced politics, too.

Groups, mass movements, political conformity at the national level and collectivism became the basic values of Finnish democracy, originating even before independence and the civil war of 1918. After the national strike of 1905, the Russian czar proclaimed the so-called November Manifesto which put an end to politically privileged classes in Finland, established universal suffrage- for women, too- and guaranteed freedom of speech and the right to congregate. A democratic civil society was born as if by magic, even though, until independence in 1917m, it was a kind simulation, since the final analysis the Russian Czar enacted laws.

At that time, however, the Finnish model of a democratic civil society, its ideals and courses of action was created. The first generation of citizens aware of their rights grew in popular movements that created an ever-domination concept of citizenship. It functioned not so much by as of the free individual but through his or her own tie to the collective good. Equality has been achieved by conformity and it has required groups cherishing consensus. Strong collectivism has made united social construction work possible as well as an heroic fight in the Winter War against the overwhelming enemy, the Soviet Union, in 1939-40, as well as political consensus, through which Finland has become one of the worlds most developed and modern welfare states. At the same time, however, a very strong fear of non-conformity has grown in the country.

A structural feature has been the result of this tradition. Nothing changes the fact that equality among the people is always placed above cultural hierarchies. We want to avoid the appearance of too strong social differences, neither can a recognizable hierarchy producing classifications of taste be found in our culture. It is in fact a fortunate situation that in Finland, very different matters and people can face each other at the same level, democratically respecting each other and avoiding open conflict. In this the reserved nature and remote politeness of Finns are of us. Perhaps this is also applicable to objects and styles.

There is another matter in which changes do not come easily in this country. Here, Christianity has never become thoroughly spiritual but has remained a superficial surface through which a more original ecological mentality, ever more often drizzles like an unused natural source. In Finland nature has preserve its position as a high authority and a source of spiritual creation. Finns are pantheists, they find their god in buzzing forests, stormy lakes and the formation of clouds in the sky. In Finland the eternal dimension exists and remains in living nature whose value we can never exaggerate.

Text courtesy: Finland, The Northern experience, New Europe and the next Millennium, Tammi publishers, Helsinki. Finland Embassy Kathmandu: Chief editor


Program outlined by Prime Minister Begum Khaleda Zia for the first 100 days

(Excerpts only)

Dear brothers and sisters,

Now I shall give you some good news.

We have finalized our new government's 100 days program. I hope all members of my cabinet would prove their honesty, efficiency and dynamism. Ministership is no longer an automatic job for five years. Changes in the cabinets of democratic countries of the West take place, it will similarly take place in our cabinet.

We have prepared a program for one hundred days so that the members of the cabinet remain dynamic from the very beginning. Following are the highlights of the program:

*Observing a day to thank the voters for the victory of the four party alliance.

*Recovering illegal arms, arresting identified terrorists and starting the process of their trial.

*Organizing an anti-terrorism national convention in Dhaka by assembling the relatives and well wishers of those who were killed in various incidents like political and criminal acts across the county during the last five years.

*Opening all educational institutions and stopping all kinds of terrorist acts there.

*Starting the process of repealing the Public Safety Act (PSA) and Special Powers Act (SPA).

*Starting legal process for releasing the persons who are in prison without trial and the political prisoners.

*Repealing all previous unfair administrative orders.

*Taking initiative to remove indiscipline and irregularities at Chittagong Port, Mongla Port and the Airport.

*Unveiling the real causes of share market scam of 1996 and identifying the persons responsible for it. Re-establishing confidence of both local and foreign investors in the share market.

*Starting the process of judicial inquiry into the much discussed bomb explosions.

*Formation of Citizens Law and Order Committees comprising renowned local persons in cities, towns and villages.

*Starting an inquiry into all allegations of corruption, identifying corrupt persons and the process of their trial.

*Celebration of 30th anniversary of Victory in the Liberation War on 16 December 2001.

Formation of organizing committees to observe the 50th anniversary of the Language Movement on 21 February 2002.

*Sending special request teams abroad aiming to increase the garments quota.

*Sending special teams abroad to increase manpower export.

We will organize some International seminars without pomp, which are essential for the country, but without the expense and luxury of the International conference-NAM. Youths will be encouraged in computer training, learning foreign languages and motor driving to create new employment opportunities. Following are the highlights of the plan:

*An international seminar on arsenic problem will be organized.

*An International seminar to motivate the youths to learn computer will be held.

*Steps will be taken to set up cyber clubs in the main district towns with a view to building computer networking.

*Work to set up language laboratory in six divisional towns will start. Courses related to jobs in Chinese, Japanese, French, Arabic, German and English languages will be launched. These courses will help create job opportunities abroad.

*Fresh initiatives will be taken in all government educational institutions to start the teaching of English language.

Initiative will be taken to set up government motor driving schools in the main district towns to motivate the youths to learn motor driving.

*Special bus service for women employees will be introduced in the capital.

*We regularly see photographs of serious accidents in the newspapers. Steps will be taken to set up an Advanced Drivers Institute to provide improved training to truck, lorry, coach, and bus and taxi drivers.

Steps will be taken to set up an Accident Research Center to reduce accidents on roads and waterways to identify the causes of accidents. We want to free the country from not only terrorism, but also from accidents.

We hope you will take part in these constructive works. Your government will be serious about employing the unemployed youths, generation of power and solving chronic problems like traffic jams. These issues will receive our priority.

The Power Development Board will become bankrupt if the purchase of electricity with unjust conditions, at a high price and involving foreign currency continues. It will be difficult to meet the additional demand for power amid widespread mismanagement and indiscipline and under stringent conditions of the donor agencies.

The election of October 1 was an unprecedented vote for revolution. But it was without bloodshed and it was peaceful. The October vote revolution was silent and gentle.

Let all of us, the 13 crore people of Bangladesh, make a human chain by holding hands.

Let us be united and build the nation. Because divided we will fall but unity will bring progress. Let us face the harsh reality unitedly.

I said earlier that the world faces a new situation after the destruction of the Twin Towers in New York and the attack on the Pentagon in Washington on September 11. New thinking has developed in the dollar-based global economy. It is a matter of grave concern for Bangladesh. You are all aware that the world situation has become more dangerous after the US action on Afghanistan since October 7.

Our export-oriented industries, including readymade garments and frozen fish, are dependent ion the world market. The scope of jobs and earnings of Bangladeshi people abroad also depends on stability in different countries of the world. The participation of Bangladesh in such markets must be extended and maintained at all costs.

Recession is also prevailing in other businesses and industries.

So, mobility must be brought back to all businesses and industries if we want to make the country development-oriented. New blood must be circulated.

From this moment, I urge all businessmen and industrialists to come forward to make their business and industries vibrant with new initiative and courage. Inspire all to concentrate on business and small enterprises. I promise that the government will extend its all out support.

At the same time, I'm urging the expatriate Bangladeshi brothers and sisters to turn to us and invest some capital here. Ask foreigners to invest capital in Bangladesh and tell them that we shall ensure a conducive environment for investment.

Text courtesy: Excerpts from the Address to the nation made in Dhaka on 19 October, 2001 by Prime Minister Khaleda Zia. Source Embassy of Bangladesh in Kathmandu: chief editor.


RAPID IMPLEMENTATION

An interview with Hans Martin Bury, since 1999 minister of state at the federal chancellory, on the recommendations made by the government's Corporate Governance Commission.

Herr bury, made up of a number of experts, the Corporate Governance Commission submitted wide-ranging proposals to the federal chancellor in July on the subject of modernizing Germany's corporate law. What are the keys points in the proposals?

Ans: As the result o some spectacular cases where companies got into real trouble before their boards could step in, the Baum Commission has recommended improvement in the cooperation between the executive committees, the supervisory boards, accountants, and annual general meetings. The experts used critical developments in the financial markets as an opportunity to elaborate plans to strengthen stockholder protection. In the suggestion for Corporate Governance Code we see a trademark of god corporate management, which will

improve financial conditions internationally. All of this will strengthen the competitiveness of our businesses.

Q: Which things still need some time, and which are ready to be implemented now?

Ans: We are about to appoint experts to draw up the recommended code and to continue to develop it as time goes by. Furthermore, the federal government will immediately present a plan for a transparency law, the first proposal by the commission on stock holder protection, to implement modern information and communications technology, deregulate stock laws, and improve the work of supervisory boards. A wide-ranging reform of the stock law ought to be based on the basic principles contained in the recommendations.

Q: What are the most advanced challenges?

Ans: Overall, increased flexibility and internationalization represent the most important progress. From my point of view, one of the most forward-looking proposals came in the form of the German Business Register, a standardized Internet portal for company information, from the federal gazette to the trade register. This strengthens transparency and facilitates access. Another very forward looking idea is the improvement of stockholder protection through a combination of information, liability law, and the facilitation of actually awarding damages won in court.

Q: There is no lack of law and regulation in Germany governing companies. Won't these further laws put an even heavier burden of regulation on business people?

Ans: On the contrary, what we're planning is a new adjustment between state regulatory frameworks and self-regulatory mechanisms. The Corporate Governance Code will not be anchored in law. The only thing that will be obligatory is for companies to declare that they adhere to the code or, if not, why not? The basic principle here is, comply or explain. Markets, which honor the Good Governance Code, will then make their feelings known on the subject.

Q: German company and stock law has advantages over Anglo-Saxon models. How global will the German corporate governance system have to be?

Ans: Our system has much strength, and we will continue to expand those. But we also want to get rid of any deficiencies. One of those is that the German system o management and control outside of Germany is not transparent enough, and this is where the Corporate Governance Code can be of great help. Complementary regulation assures that in the future we will have a leading position in the competition between corporate governance systems. All of this improves the financial conditions for German business, strengthens its competitiveness, and makes Germany a better financial market place.

(Text courtesy: Deutschland Nr. E4/2001 August/September. Source Embassy of Germany in Kathmandu).


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