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Philippines

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Unfolding Truth: Dismantling the World Bank's Myths on Agriculture and Development report cover

Unfolding Truth: Dismantling the World Bank's Myths on Agriculture and Development

In the 1980s and 1990s, the World Bank and International Monetary Fund’s (IMF) intervention in developing countries’ national policies, through aid conditionality and austerity programs known as Structural Adjustments Programs (SAPs), triggered a wave of global resistance against the International Financial Institutions (IFIs). in the face of growing criticism that these policies increased poverty, debt, and dependency on rich countries, saps...

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World Bank's Bad Business in the Philippines cover

World Bank's Bad Business in the Philippines

The Philippines is now hailed as a top ten reformer as a direct result of making economic, regulatory, and administrative policy changes following the advice and direction of the World Bank. As a result of these changes, in 2013 the Philippines became the third most popular destination for foreign investment in land in the world, with 5.2 million hectares acquired since 2006.

Press Releases and Public Statements