Re: Comments of Amanuel

mailto:MILLERK@AXE.HUMBOLDT.EDU
Wed, 17 May 1995 22:57:46 -0700

Message-ID:  <Pine.3.89.9505172227.G539817685-0100000@AXE.HUMBOLDT.EDU>
Date:         Wed, 17 May 1995 22:57:46 -0700
From: mailto:MILLERK@AXE.HUMBOLDT.EDU>
Subject:      Re: Comments of Amanuel
To: Multiple recipients of list DEVEL-L

> And for anyone suggesting that
> the World Bank or IMF have imposed harsh structural adjustment conditions on
> any country, the simple fact is that no country is bound to deal with either
> institution. But since these organizations are not charities--despite the
> belief of many and the concessionary work they indeed do--responsible action on
> their part is essential when a country's leadership has demonstrated its
> irresponsibility.
>
Would you care to explain why, then, the communist majority in Nepal has accepted the Arun III Dam scheme?

The BWI are not charities, granted, but they answer more immediately to their donors than to their recipients: they're out there trying to *invest* billions of dollars whereever they can.