15.3.07

First hand feedback from Tomas at the Worldbank

Like many people I have wondered what the Worldbank's projects are really about? When you read critical books from authors such as Stiglitz you must think that at the Worldbank only "bad boys" work but reading their newsletters paints another picture. So what are the people, projects and intentions at the Worldbank about?

Discussing about the Worldbank is endless because its related to the relationship between developed and developing countries, rich and poor and so on. But we are lucky to have Tomas, one of my best mates here in Australia, working at the Worldbank Sydney Office. He is not just getting insights there but also has visited projects in the field.

Tomas writes: "If funds are spent on/lead towards improved economic development, there can be a return on the investment, + the investment has a much greater opportunity of being sustainable...as opposed to investing overwhelmingly in social programs, which, according to Dr. Mohammed Yunnus, simply creates/perpetuates: Dependency."

Read more on Tomas blog.

1 comments:

Tomas said...

Hey, nice blog post! Thanks buddy