The World Banks mission is to eradicate poverty. However, critics say its history in Latin America is tainted by land conflicts, human rights abuses and environmental destruction... Tanya Kerssen, Research Coordinator for Food First/Institute for Food and Development Policy, told teleSUR English that critics shouldnt look at the cases of Dinant and Ficohsa as institutional failures on the part of the World Bank; rather, these cases should be viewed through the broader context of the Banks larger purpose of advancing capitalism and neoliberal reforms in the developing world. She also dismissed the IFCs response of prioritizing environmental and social risks... “Unfortunately, whether its agriculture or extractive industries, the Bank has a long history of using social and environmental impact assessments as a means of pushing projects through and legitimizing them instead of as a tool to examine the real impacts of a potential investment,” said Kerssen.
Posted on: Mon, 18 Aug 2014 18:26:21 +0000
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