Activists, academics and civil society met in Accra 12-14 May for a conference entitled “Corporate Globalisation & the Scramble for Africa’s Water: scrutinising the roles of Bretton Woods Institutions & donor community”. Organised by Ghanaian NGO ISODEC, the forum examined country experiences in Ghana, Nicaragua, Burkina Faso, Uganda, Bolivia, Senegal, South Africa, Brazil, the Philippines, Indonesia as well as the UK, Canada, and the US. Discussion focused on the ways in which the IFIs compel privatisation and provided a forum for discussing an alternative water vision.
Originally created to help the poor escape poverty and deprivation, the World Bank became the most important advocate for the commercialised microcredit model. Yet, critics argued it undermined the chances of sustainable and equitable development to create a poverty trap of historic proportions.
While the World Development Report (WDR) 2018 on education has some redeeming features, it is part of the Bank's longstanding very narrow view of education, and is silent on education financing.
Donate to the Bretton Woods Project
The Bretton Woods Project is an ActionAid hosted project (UK registered charity no. 274467).