Source: L'Express (Port Louis)

By Ahmad Macky

The World Bank announced recently that it just would not do to "leave-everything-to-the-private-sector" in developing countries. This should be considered a timely eye-opener particularly for Third World governments and policy-makers. What makes this news doubly welcome is the frequent association of the World Bank and the IMF with failed development strategies in developing countries, which evolved around the advocacy of increased privatization and the relentless whittling down of welfare and the public sector.

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Posted by pichu at October 17, 2006 9:47 AM