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Home >> World
UPDATED: 08:30, July 03, 2007
Paul Wolfowitz joins Washington think tank AEI
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Former World Bank president Paul Wolfowitz has joined the American Enterprise Institute (AEI), a Washington think tank, as a visiting scholar.

AEI's president, Christopher DeMuth, made the announcement Monday, according to a brief statement issued by the institute.

"At AEI, Wolfowitz will work on entrepreneurship and development issues, Africa, and public-private partnerships," the statement said.

Wolfowitz, who left the post of the World Bank chief on June 30, had been forced to step down after a special bank panel found he broke bank rules when he arranged a hefty compensation package in 2005 for his girlfriend, Shaha Riza, a bank employee.

Before taking over the World Bank, Wolfowitz had served as U.S. deputy defense secretary and played a key role in mapping out the U.S.-led war in Iraq.

The AEI says its purposes "are to defend the principles and improve the institutions of American freedom and democratic capitalism." The nonprofit institution was founded in 1943.

Source: Xinhua


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