Topic: World Bank Leaving Misery and Distrust in Their Wake (Read 372 times)
Well the IMF is having more scandals the World Bank is a fraction and by that I mean microscopic bit better
But I don't like either organization
http://www.bbc.com/news/world-europe-32335842
But I don't like either organization
http://www.bbc.com/news/world-europe-32335842
Well at least World Bank funded projects have some constraints.
If left purely to governments / private players, destruction of the environment/displacement of people would happen on a much larger scale.
If left purely to governments / private players, destruction of the environment/displacement of people would happen on a much larger scale.
In developing countries around the globe, forest dwellers, poor villagers and other vulnerable populations claim the World Bank — the planet’s oldest and most powerful development lender — has left a trail of misery.
Dams, power plants, conservation programs and other projects sponsored by the World Bank have pushed millions of people out of their homes or off their lands or threatened their livelihoods. In some cases, governments supported by World Bank money have arrested, beaten and even killed people who objected to being forced from their homes, according to interviews and official complaints.
They’ve been put at risk because the bank has repeatedly violated its own rules for protecting people who are in the path of development projects, an investigation by the International Consortium of Investigative Journalists, The Huffington Post, The GroundTruth Project and other ICIJ media partners has found.
More...http://projects.huffingtonpost.com/worldbank-evicted-abandoned/worldbank-projects-leave-trail-misery-around-globe-kenya?ncid=tweetlnkushpmg00000067
Dams, power plants, conservation programs and other projects sponsored by the World Bank have pushed millions of people out of their homes or off their lands or threatened their livelihoods. In some cases, governments supported by World Bank money have arrested, beaten and even killed people who objected to being forced from their homes, according to interviews and official complaints.
They’ve been put at risk because the bank has repeatedly violated its own rules for protecting people who are in the path of development projects, an investigation by the International Consortium of Investigative Journalists, The Huffington Post, The GroundTruth Project and other ICIJ media partners has found.
More...http://projects.huffingtonpost.com/worldbank-evicted-abandoned/worldbank-projects-leave-trail-misery-around-globe-kenya?ncid=tweetlnkushpmg00000067
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