Tag Archives: World Bank

Video Explores Ethiopia Land Grabs

Land Grabbing is not new. Companies from wealthy countries have always sought low-cost land for agricultural production. In Ethiopia, more than six million people survive because of UN food aid, while agricultural products cultivated on land leased to foreign investors are exported.

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BRICS Bank: Developing World Gets a Credit Card

A twenty-first century truism: you know you’ve made it when you’re due for a headquarters in Shanghai. So it is with the imaginatively named New Development Bank, a.k.a. BRICS Bank, a lending institute designed to end Western global dominance and finally assert the rise of the South. Or something.

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World Bank Accused of Facilitating Africa Land Grab

A new research report accuses the World Bank of favoring the interests of financial markets over food security and following such policies that facilitate land grab in Africa. “While nearly 80 percent of food consumed in sub-Saharan Africa and Asia is produced by smallholder farmers, the Bank negates the importance of small-scale farming for sustainable rural development and food security,” …

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Will Africa Leave the World Bank Behind?

Governments across the continent are looking for new development models after the policies of privatization and liberalization seem to have run their course. The arrival of Jim Yong Kim as president of the World Bank bearing promises of a cultural revolution comes at a critical time for Africa’s prospects. Africa is now the world’s fastest-growing continent, but questions about policy …

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