Mortgaging the Earth

World Bank, Environmental Impoverishment and the Crisis of Development

Business & Finance, Economics, Economic Development
Cover of the book Mortgaging the Earth by Bruce Rich, Taylor and Francis
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Author: Bruce Rich ISBN: 9781134167258
Publisher: Taylor and Francis Publication: June 3, 2014
Imprint: Routledge Language: English
Author: Bruce Rich
ISBN: 9781134167258
Publisher: Taylor and Francis
Publication: June 3, 2014
Imprint: Routledge
Language: English

This critique of World Bank operations examines the effects of this organization on the societies in which it operates. Highly critical of the Bank's practices in its 50 years of operation, the author demonstrates how the Bank has become virtually unaccountable and a law unto itself. He describes how the Bank has supported oppressive regimes and loaned money to support large projects which have displaced local populations. He argues further that the Bank's current policies of structural adjustment are arresting the development of Third World countries.

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This critique of World Bank operations examines the effects of this organization on the societies in which it operates. Highly critical of the Bank's practices in its 50 years of operation, the author demonstrates how the Bank has become virtually unaccountable and a law unto itself. He describes how the Bank has supported oppressive regimes and loaned money to support large projects which have displaced local populations. He argues further that the Bank's current policies of structural adjustment are arresting the development of Third World countries.

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