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Wednesday, August 4, 2010

Conditionality in World Bank crisis-lending to Ghana http://www.eurodad.org/uploadedFiles/Whats_New/Reports/Under%20the%20influence%20of%20the%20World%20Bank%20lay%20out.pdf

This research reveals that Low Income Countries such as Ghana remain under the influence of the Bank, especially regarding the management of their primary industries and natural resources and in relation to the design of sensitive policy areas such as fiscal policy and public sector reform.   This briefing concludes that many of the Bank’s conditions impede on Ghana’s sovereign right to decide independently on appropriate measures to recover from the global crisis and to boost long term sustainable development. If the Bank is committed to improving developing countries’ ownership over their development pathways, its practices need to be aligned to its promises allowing developing countries their legitimate right

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