Tuesday 8 April 2008

Keeping poverty for expatriates’ benefit

South Sudan: Tuesday 8 April 2008 04:21.
Source - Sudan Tribune

By James Okuk

April 7, 2008 — The World Bank and IMF are known for their failures, particularly with the Structural Adjustment Programmes (SAPs) in the LDCs. Even their acclaimed case of successful micro-finance credit for poverty reduction in Bangladesh is a crude propaganda. Those who know Bangladesh can tell you how masses of people are continually tormented by the red fangs of poverty in spite of Nobel Prizes which were worn in their name.

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2 comments:

Anonymous said...

Ndugu, you are making such important points. But i emotions have never helped in debates. Microfinance has a role to play and expatriates too. But to what level. Those are the issues. Otherwise well put

Anonymous said...

You are right sir, expatriates are teh curse of africa.

Mzee