The answer here seems to be that the WB should get back to its core function of funding specific development projects and get away from its involvement with the IMF in the structural adjustment programs. This has been proposed and may well be adopted. Barkley Rosser -----Original Message----- From: Pacitti, Aaron (CAP, PTL) <Aaron.Pacitti at penske.com> To: 'lbo-talk at lists.panix.com' <lbo-talk at lists.panix.com> Date: Thursday, May 25, 2000 1:49 PM Subject: RE: WB and IMF
>
>Patrick,
> OK. Please list some specific projects or actions by
>the WB that have damaged less developed countries.
>As with to Dennis, no general mumbling or rhetoric.
>Specific cases, please. I am very open on this one.
>Barkley Rosser
>======================
>
>
>(Sorry for responding to a question posed to Patrick, but I was just
looking
>at this stuff earlier today...)
>
>Barkley,
>If you refer to http://www.cepr.net/IMFinAfrica.htm about 3/8 of the way
>down the page under the heading "Country Experiences with IMF Structural
>Adjustment", Robert Naiman and Neil Watkins do a fairly thorough job of
>describing conditions and reporting statistics on a couple of African
>nations. Although its labeled IMF SA, the Wold Bank is also included in
>their analysis.
>
>
>Aaron
>
>