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World Bank Tag

Home > Posts tagged "World Bank"

18 Jan

Posted at 01:48h in Blog, Conference Reports, Featured by
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Mpumelelo Tshabalala discusses a symposium that marked the 60th anniversary of the All Africa People’s Conference which was hosted at the University of London last month. The symposium created the space for reflection on the historical significance of the 1958 AAPC and on how it can be used to understand and shape where Africa is today. Tshabalala also raises some important questions about race and politics at the event. By Mpumelelo Tshabalala On Thursday, 6 December 2018 the All Africa People’s Conference’s (AAPC) 60-year commemorative event took place in one of Senate House Library’s grand, parliamentary styled rooms.  The symposium was incredibly rich, evident in the effort made to set and comprehend the context of the original conference in 1958. Further to the presented content, accompanying the programme was a list of the AAPC’s delegates, fraternal delegates and observers, a 1958 map of the continent and information...

21 Nov

Posted at 11:38h in Featured, Poverty and Development in Rwanda by
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Recently the World Bank published a paper on poverty in Rwanda. The aim of the paper was to deal with the debate started in 2015 by Filip Reyntjens, and which continues on roape.net, on the reliability of Rwandan poverty statistics. Despite the objectives, when properly calculated, the evidence presented by the World Bank actually strongly supports the claim that poverty has increased in Rwanda. Yet the selective and even misleading presentation of supporting empirical evidence by the World Bank is, to say the least, disturbing. Our Rwanda experts ask if the World Bank is guilty of a worrying level of leniency and incompetence, or outright complicity in the manipulation of Rwanda’s official statistics. In September 2018, the World Bank published a paper entitled ‘Revisiting the Poverty Trend in Rwanda 2010/11-2013/14’, the stated aim of which was to resolve [i.e. shut down?] the debate initiated three years...

13 Nov

Posted at 10:11h in Blog, Featured by
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The public debate on South Africa’s ‘social grant saga’ portrays the case as a typical example of political corruption, personal incompetence and corporate greed. However, as Lena Gronbach argues, behind the headlines is an agenda developed by the World Bank in the early 2000s, which sees poverty as a problem of financial exclusion and restrictive financial markets, rather than the result of deeper structural issues and the lack of a regular and adequate income. This has been nothing short of a fundamental shift in development policy. By Lena Gronbach In 2012 South Africa’s Social Security Agency SASSA appointed Cash Paymaster Services (CPS), a private financial service provider, as the sole paymaster for the country’s extensive and rapidly expanding social grant programme. This move was designed to address concerns about payment efficiency, high levels of grant fraud, and the fragmented nature of the previous provincial grant payment system...

14 Sep

Posted at 08:50h in Capitalism in Africa, Economic trickery, fraud and crime in Africa, Featured by
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After the manifest failure of microcredit to address poverty in Africa and everywhere else, the international development community has hit upon a new microcredit-related idea that, it claims, will do the job this time around: ‘fin-tech’, i.e. financial technology. In this blogpost Milford Bateman argues fin-tech has the potential to gravely undermine the position of the poor and to increase inequality while, not coincidentally, vastly enriching a narrow elite. ...

14 Jun

Posted at 11:41h in Article, Featured by
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Abiodun Olamosu reviews the classic 1975 book, Economic Development of Nigeria: The Socialist Alternative by Ola Oni and Bade Onimode which will soon be republished. Oni and Onimode wrote about the underdevelopment of Nigeria and how the people were made poor. They also provided a programme for the country’s development which included the disengagement from international capitalism, the introduction of democratic planning, public ownership and control of the means of production, distribution and exchange. Olamosu provides a critical introduction to the book. ...

04 Apr

Posted at 11:02h in Featured, Interviews by
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In an interview with ROAPE’s Tunde Zack-Williams, roape.net asks about his background as a radical political economist who has written extensively on Sierra Leone. Zack focuses in the interview on the country’s recent history, it political parties, Blair’s intervention and the disasters of neoliberal reforms. The recent elections in Sierra Leone offer the poor little prospects of development or change....

16 Mar

Posted at 14:57h in Blog, Featured by
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In this extract from the editorial of our quarterly journal (Vol. 44, Issue 154) editor Tunde Zack-Williams discusses papers on Kenyan politics, debt and neoliberalism on the continent, gender oppression in Egypt and the collapse of Zimbabwe’s military and the intervention in the Democratic Republic of the Congo. The editorial introduces the issue in the context of the Mugabe’s fall from power, Zuma removal from the presidency and the recent elections in Sierra Leone. ...

13 Feb

Posted at 10:31h in Featured, Reviews by
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In a review of Jörg Wiegratz’s 'Neoliberal Moral Economy' based on years of research in Uganda, Yusuf Serunkuma Kajura discusses the central observation of the book that fraud (theft, short-termism, corruption, trickery etc.) has become widespread in contemporary capitalist societies. Wiegratz argues that the impact of the World Bank and IMF enforced structural adjustment programmes (SAPs), to a system of cooperation and trust in society has fundamentally altered Africa's moral economy....