The World Bank’s Bolivia office has decided to get into the propaganda game, producing tens of thousands of copies of a 22-page booklet titled Ten things they never told you about the World Bank in Bolivia. According to NGO the Democracy Center, the booklet, distributed in three major Bolivian daily newspapers, is rather liberal with the truth. Particularly amusing is the claim that the Bank’s arm for investment arbitration helped resolve the dispute over water privatisation to the benefit of Bolivian citizens. Of course, this ignores that the Bank required the botched water privatisation as a loan condition in the first place. The Bank also tries to claim credit for debt relief. Despite an invitation to respond, no World Bank official has participated in the debate on the Democracy Center’s website.
Report finds Development Finance Institutions (DFIs) are not doing enough to eliminate the risk of public money being complicit in tax avoidance schemes.
BWP publishes new booklet on gender-just macroeconomics, a guide to engaging the IMF and World Bank.
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