A major new Bank study claims that ethnic tensions and political feuds are rarely the primary causes of civil wars. Economic forces such as entrenched poverty and heavy dependence on natural resource exports are instead to blame. The report urges improved transparency of natural resource revenues, tracking of commodities and ways to cushion the impacts of commodity price collapses. Joe Hanlon, author of Peace Versus Profit, How the IMF Blocks Peace-Building in Mozambique, commented: “The report implicitly admits that policies of the IFIs in the past probably fuelled civil wars – will the World Bank actually change its policies in response?”
BWP briefing explores gender dimensions of IMF’s key fiscal policy advice on resource mobilisation in developing countries, in particular on Value-Added Tax.
The IFC’s push for the PPP model, as well as its preference for healthcare ‘provision’ and the results-based payment approach, collectively undermine the human right to universal healthcare and the achievement of the SDGs.
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