Private Sector

News

Sustainability report out of step with Bank managers, companies

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.

Land

News

WB land reform: “land for whoever can buy it”

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.

8 May 2002

Social services

News

Bank support for private healthcare questioned

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.

8 May 2002

Environment

News

NGOs discuss perils of Bank engagement following mines review meeting

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.

8 May 2002

Conditionality

News

On the road to “Qatar-naskis”

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.

8 May 2002

Conditionality

News

Poverty Reduction Strategies under intense scrutiny

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.

8 May 2002