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Between 1947 and 1994 the World Bank received 6,000 applications for loans
from around the world. It didn't turn down a single one. Not a single one. Terms
like 'Moving money' and 'Meeting loan targets' suddenly begin to make sense.
Often Aid is openly 'tied' (as in the case of the Japanese loan for the Sardar
Sarovar dam - tied to a contract for purchasing turbines from the Sumitomo
Corporation.)32 Sometimes the connections are more sleazy. In 1993, Britain
financed the ...
The command areas are water-logged.78 Now The Bank has given Pakistan a
$785 million loan for a drainage project. In India, in Punjab and Haryana it's
doing the same. Irrigation without drainage is like having a system of arteries and
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LibraryThing ReviewUser Review - Sumit_Nangia - LibraryThing
A paradigm developmental tale, which shows that how someone has to defoliate,for others to survive.An unequivocal obstinate struggle of the poor against the primacy of hegemony. Unravels scads of ... Read full review