There have been many controversies about the World Bank. A good starting point is this paragraph from Naomi Klein’s article:
The truth is that the bank’s credibility was fatally compromised when it forced school fees on students in Ghana in exchange for a loan; when it demanded that Tanzania privatise its water system; when it made telecom privatisation a condition of aid for Hurricane Mitch; when it demanded labour “flexibility” in Sri Lanka in the aftermath of the Asian tsunami; when it pushed for eliminating food subsidies in post-invasion Iraq. Ecuadoreans care little about Wolfowitz’s girlfriend; more pressing is that in 2005 the World Bank withheld a promised $100m after the country dared to spend a portion of its oil revenues on health and education. Some anti-poverty organisation.
Whether she’s right or wrong, I like how the claims are laid out nicely. Anyone can fact-check and come to their own conclusions.
There have been many controversies about the World Bank. A good starting point is this paragraph from Naomi Klein’s article:
Whether she’s right or wrong, I like how the claims are laid out nicely. Anyone can fact-check and come to their own conclusions.