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This critique of World Bank operations examines the effects of this
organization on the societies in which it operates. Highly critical
of the Bank's practices in its 50 years of operation, the author
demonstrates how the Bank has become virtually unaccountable and a
law unto itself. He describes how the Bank has supported oppressive
regimes and loaned money to support large projects which have
displaced local populations. He argues further that the Bank's
current policies of structural adjustment are arresting the
development of Third World countries.
This critique of World Bank operations examines the effects of this
organization on the societies in which it operates. Highly critical
of the Bank's practices in its 50 years of operation, the author
demonstrates how the Bank has become virtually unaccountable and a
law unto itself. He describes how the Bank has supported oppressive
regimes and loaned money to support large projects which have
displaced local populations. He argues further that the Bank's
current policies of structural adjustment are arresting the
development of Third World countries.
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