15 November 2004
African governance has been “polluted by western intrusion,” James Wolfensohn, World Bank president said at the United Nations African Development Forum in Addis Ababa in October. He told politicians and delegates they must tap their own traditional systems and values. In recognition of this new insight, observers wonder if structural adjustment lending will be renamed ‘traditional systems and value lending’.
African governance has been polluted by western intrusion
This briefing explains how the IMF and World Bank have driven the financialisation of MENA states, and the pervasive negative effects this has had on the region’s societies and economies.
Joint civil society briefing paper highlights concerns with the World Bank’s Evolution Roadmap, and provides a series of recommendations for a Roadmap that prioritises people, participation and the planet over profit and economic growth.
