World Bank Defangs Watchdog 1

The World Bank has stripped residents of developing nations of one way to protest environmental damage done by bank-funded dams and development projects. The bank's executive board bowed to pressure from big developing nations, including Brazil and India, and weakened an internal watchdog panel that investigates alleged environmental and social disruptions from projects. Grassroots development activists fought the plan for months.

source: Wall Street Journal, Michael M. Phillips, 4.21.99

Advertisement
Advertisement

  1. mstessyrue Posted 1:00 pm
    27 Jun 2007

    World BankEven though the World Bank may not be upfront concerning its envoirnmental records and damages, it should not be overly and constantly critized for helping under developed countries.  The World Bank Organization is trying to reduce world poverty and hunger.  I think an organization that is trying to help the poor should at least deserve some slack and the benefit of doubt.

    Permalink

Add a Comment

You are not logged in. Thus, you cannot post a comment. If you have an account, log in. If you don't have an account, well, by all means go make one! Meet you back here in five.

Hello, Visitor!    Why not register?

Viewed
More
Commented
More
Advertisement