Colombian pop sensation ‘she wolf’ Shakira ended up in a February press conference with a World Bank president, Robert Zoellick, to launch her charity’s joint initative with the Bank on early childhood development in Latin America. Perhaps she missed the 2007 sex controversy that ousted the Bank’s previous leader of the pack Paul Wolfowitz? Drafting the Bank into her education-focussed work might also backfire. The Bank’s seeming desire to ‘whenever, wherever’ privatise public services might leave Shakira feeling ‘la tortura’.
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New Bretton Woods Project report reveals World Bank Group channelling crucial development resources to banks instead of directly investing in pro-poor projects.
In December 2013, the German Development Institute, Friedrich-Ebert-Stiftung and Bretton Woods Project, in collaboration with the G-24, hosted a high-level workshop in Berlin to foster an open exchange on the profound changes in the global economy and the implications for global economic governance and its constituent institutions and members.
The Bretton Woods Project is an ActionAid hosted project (UK registered charity no. 274467).