In 1993 the World Bank allowed people to seek recourse for harm resulting from the projects it finances in developing countries. Within a decade of the World Bank Inspection Panel, the other Multilateral Development Banks, including the World Bank Group, the Asian, African and Inter-American [...]
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I published a book in 1997 – Capitalism and Democracy in the Third World. Now The Politics of Global Competitiveness is the sequel. The first one was a critique of what was known as political development theory, arguing that it was entirely ideological in character. While writing it, I had [...]
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Russia’s invasion of Ukraine has caused humanitarian catastrophe and vast economic destruction. Ukraine has asked the International Monetary Fund (IMF) for emergency financing, the European Commission has pledged €1.2 billion to the besieged nation, and the World Bank has positioned itself as a [...]
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