World Bank Group
Collapsed Buildings & Lost Lives in Palu: The Tragic Cost of the World Bank’s #DoingBusiness RankingsTuesday, October 2, 2018
In reading about the tragedy, one detail in particular has haunted me: reports of thousands of buildings collapsing and trapping those inside. This hard fact has stayed with me not just because the thought of being trapped in a collapsed building is absolutely terrifying, but because it unveils the dire impact of the World Bank's pro-business agenda.
ROME, Italy—April 3-5, 2018, hallways of the FAO (UN Food and Agriculture Organization) buzzed with over 700 representatives from government, civil society, private sector, and the UN agencies at the second agroecology symposium. Picking up momentum from the first symposium in 2014, and the subsequent regional meetings held in Latin America , Sub-Saharan Africa , Europe, Central Asia and Asia and the Pacific , the three-day Symposium...
Buzzwords like 'business-enabling environment,' which underlie NAFSN discourse and practice, merely support the expansion of large-scale and export-oriented agribusinesses, at the cost of local farmers and biodiversity.
“I am not afraid of being arrested. I am afraid of being tortured.” These words from Pastor Omot Agwa , an Anuak land rights defender, are a poignant reminder of “development” gone wrong in Ethiopia. The agricultural sector, seen as the driver for development by the Ethiopian government, has been used to lure foreign investments for agribusiness ventures—large industrial plantations as those set up by Saudi Star and...
On January 12, 2018, World Bank Chief Economist Paul Romer revealed that the Bank’s Doing Business Ranking may have been deliberately skewed and politically manipulated, disfavoring Chile’s ranking under its outgoing socialist president, Michelle Bachelet. Following these revelations, he resigned on January 24.