Category: Global Issues

World Bank Enables Private Capture of Profits, Public Resources

By Global Issues KUALA LUMPUR, Malaysia, Dec 20 (IPS) – The World Bank insists commercial finance is necessary for achieving economic recovery and the Sustainable Development Goals (SDGs), but does little to ensure profit-hungry commercial finance serves the public interest. By failing to address pressing challenges within their purview, the second-ever Bretton Woods institutions’ (BWIs) […]