Unjust Enrichment: How the IFC Profits from Land Grabbing in Africa, released by Inclusive Development International, Bank Information Center, Accountability Counsel, Urgewald and the Oakland Institute shows how the World Bank Group has indirectly financed some of Africa’s most notorious land grabs. The World Bank’s private-sector arm, the International Finance Corporation (IFC), is enabling and profiting from these projects by outsourcing its development funds to the financial sector.
International aid, consisting of resources supplied by one country to another, is critical to save lives, protect livelihoods, and finance reconstruction in communities wracked by war or natural disasters. While it is generally seen as an instrument of development for the poorest countries, wealthy donor nations also frequently provide aid in a manner that economically supports their own domestic industries or their foreign policy agendas.
USAID candidly states, “The principal beneficiary of America's foreign assistance programs has always been the United States… Foreign assistance programs have helped create major markets for agricultural goods, created new markets for American industrial exports and meant hundreds of thousands of jobs for Americans.” This pattern is particularly evident in the provision of US food aid. When USAID sells US wheat reserves on behalf of aid recipients and in turn asks recipients to purchase select commodities from US producers, this effectively subsidizes US farmers and undermines food producers in recipient countries.
Working with partner groups around the world, the Oakland Institute is monitoring, researching, and evaluating the practice and impact of international aid on developing countries. We are a research center, information clearinghouse, and early warning system for activists, policy makers, educators, journalists, and the general public. We believe increased awareness about the reality of international aid will lead to aid programs and policies that truly benefit local communities.
The Unholy Alliance, Five Western Donors Shape a Pro-Corporate Agenda for African Agriculture, exposes how a coalition of four donor countries and the Bill and Melinda Gates Foundation is shaping a pro-business environment in the agricultural sector of developing countries, especially in Africa.
Moral Bankruptcy: World Bank Reinvents Tainted Aid Program for Ethiopia exposes the shameful reinvention of one of the Bank’s most problematic programs in Ethiopia. The report also reveals that the US Treasury violated congressional law when voting in favor of this program.
High food prices in 2007-2008 threatened the livelihoods and food security of billions of people worldwide for whom getting enough food to eat was already a daily struggle. All over the world, individuals, civil society groups, governments and international organizations took action to cope with the crisis triggered by skyrocketing food prices.
This report issues a direct challenge to Western-led plans for a genetically engineered revolution in African agriculture, particularly the recent misguided philanthropic efforts of the Gates Foundation's Alliance for a New Green Revolution in Africa (AGRA), and presents African resistance and solutions rooted in first-hand knowledge of what Africans need.