seek refuge in God from Satan, the
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In the name of God, Most Gracious, Most Merciful
Witness the clear unbalance and inequality in Satan's kingdom.
1- Human Development Report (UNDP) 2002 :
years is enough
US Network for global economic justice
Development projects undertaken with World Bank financing typically include money to pay for materials and consulting services provided by Northern countries. U.S. Treasury Department officials calculate that for every U.S.$1 the United States contributes to international development banks, U.S. exporters win more than U.S.$2 in bank-financed procurement contracts.
Why is this bad?
Given this self-interest, the Bank tends to finance bigger,
more expensive projects--which almost always require the materials and
technical expertise of Northern contractors--and ignores smaller-scale,
locally appropriate alternatives. The mission of the World Bank to
alleviate poverty, not provide business for U.S. contractors.
Friday, 8 June, 2001, 07:11 GMT 08:11 UK World sinks into deeper poverty
Some welfare economists claim that structural reforms required by the World Bank and the International Monetary Fund have sometimes led to a speeding up of the decline in natural resources.
The temptation to blow natural resources is high for some countries when they struggle to increase GNP after taxes and subsidies have been removed.
The emphasis on trying to increase any one nation's GNP could be increasing the pressure to destroy future resources.
Some countries for example,
boosted timber exports in order to raise export quotas without taking
into account the future implications of deforestation.
Sunday, 29 April, 2001, 22:17 GMT 23:17 UK World Bank's plea for poorest
The World Bank's World Development Indicators report, released on Sunday, says that: