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.
23 January 2006
18 April 2008
23 January 2006
Renewed calls for a substantial SDR allocation raise urgency of reforming the inequitable global reserve ‘non-system’.
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The Bretton Woods Project is a UK-based NGO that challenges the World Bank and IMF and promotes alternative approaches. We serve as an information provider, watchdog, networker and advocate. Our flagship publications are the Bretton Woods Observer, a quarterly critical review of developments at the World Bank and IMF, the Dispatch, a biannual analysis of the World Bank and IMF Spring and Annual Meetings, and the NewsLens, a bi-weekly roundup of key news and critical viewpoints published about the World Bank and IMF.
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