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World Bank's Bad Business in Nicaragua

March 31, 2014

Nicaragua is one of the poorest countries in the Western Hemisphere. Foreign direct investment in the country has more than doubled in past years, and the World Bank has been actively promoting foreign investment in the agricultural sector despite the numerous health, social, and environmental problems associated with industrial plantations in Nicaragua. One of the most damaging activities is the production of sugarcane for ethanol. The crop is in high demand, as is the manual labor for cutting cane, but the rise of sugarcane production comes at a steep cost in terms of human lives.

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