Bad policies in rich nations have restricted food output, diverted crops from food to energy production, and stopped emerging-nation farmers from increasing capacity.
As the role of the World Bank diminishes, capital fromprivate lendersto developing nations has increased by three hundred times.
Why all countries will come together more and more to hold the World Bank accountable for its questionable practices.
Developing economies no longer orbit around the International Monetary Fund.
The new government in Ecuador is focusing on povertybefore foreign debt.
Rescuing the World Bank: A CGD Working Group Report & Selected Essays
September 6, 2006
In the end, it is the demands that are at the very center of the World Bank's mission thatwill be sacrificed to maintain competitiveness.
Vigilante non-governmental organisations have become the de facto regulators of the flow of finance to the developing world.
The World Bank is resisting efforts to create a truly independent review of its stewardship over foreign aid.
Are hedge funds really to blame for all the ills that befall the international financial system?
What are hedge funds? How do they affect markets and industries?
Testimony before the Senate Foreign Relations Committee in a hearing titled "Multilateral Development Banks: Promoting Effectiveness and Fighting Corruption."
A restructuring of the World Bank from a lending institution into an endowed foundation which distributes grants would deliver an identical volume of development programs without the need for more funding.
AEI Online
November 9, 2005
The World Bank should be restructured in order to meet the development needs of the poorest countries it was originally designed to assist.
Purposes should not be confused with mechanics. The Bank must accept that it is in the development business, not the banking business.
Carnegie Mellon Gailliot Center for Public Policy
June 9, 2005
No one with a heart or with a brain can dispute that total cancellation of the debt of the world's poorest nations is a given in our collective progress toward global economic balance.
Cato Journal, Vol. 25, No. 1
January 1, 2005
Interactions between debtor and creditor will produce a whole series of new solutions to match the reality on the ground.
AEI Online
August 1, 2001
The World Bank should provide the poorest countries with performance-based grants rather than loans, which are seldom repaid.
International lenders of last resort should instead implement a constructive default framework that encourages prudent policies and secure financial systems in borrowing countries.
AEI Online
October 1, 2000
The September World Bank and IMF meeting in Prague produced important reforms of IMF financial practices, continuing confusion at the World Bank, and a flawed proposal for debt relief.
(106)
|
Sunday, November 22, 2009
EMAIL
PRINT
SAVE
