Bretton Woods Update No.28 May/June 2002
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News|8 May 2002
The World Bank finally released a draft World Development Report on sustainable development at the beginning of April. Commentators gave the report a mixed reception. While some praised its recognition of the political and social context of sustainability, critics charged that the Report is far behind current thinking on climate change and fails to adequately address the role of rich countries in fostering sustainable development.
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News|8 May 2002
Citizens groups are asking whether participating in Bank-backed review processes are yielding sufficient results, or whether they are distracting NGOs from campaigning against Bank policies and projects which harm poor people and the environment.
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News|8 May 2002
G8 leaders put terrorism, NEPAD and education on the agenda for the June summit in Western Canada. Activists organize a parallel summit in Calgary and a “solidarity village” in Kananaskis. Meanwhile, African NGOs criticize NEPAD as a re-hashing of neo-liberalism.
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News|8 May 2002
Social activists, academics and researchers from Brazil, Colombia, Guatemala, South Africa and Thailand gathered prior to the Spring Meetings to condemn the land reform policies driven by the World Bank and IMF for driving many families into poverty and increasing indebtedness.
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News|8 May 2002
Two new studies by the ICFTU and EURODAD add to concerns about the impact of the Bank’s Private Sector Development strategy on access to health services by the poor. Leaked IFC documents reveal the Corporation’s intention to invest in private health care in situations where other investors are reluctant.
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News|8 May 2002
Studies from Malawi, Ethiopia, Uganda and Cambodia fault the PRSP process for failing to provide space for a real debate of policy alternatives, and for a lack of transparency and accountability.
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CounterBalance, a new European coalition of development and environmental non-governmental organisations formed specifically to challenge the European Investment Bank (EIB), has launched its website. The EIB is the world's largest public lender. Find out more about it from CounterBalance.
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