IMF World Bank International Mafia Federation Creating Poverty! BBC Newsnight Economy Documentary
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Uploaded on Dec 22, 2011
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End of February 2008 Former chief economist of the World Bank Joseph Stiglitz condemned the organisation for failing poor countries.
Greg Palast spoke to Jospeh Stiglitz and then president of the World Bank Joseph Wolfensohn to assess claims of corruption.
FIRST BROADCAST 27 APRIL 2001
BBC NEWS | Greg Palast | World Bank 'fails poor' says Stiglitz - FIRST BROADCAST 27 APRIL 2001
IMF and World Bank meet in Washington - Greg Palast reports for BBC Television's Newsnight.
Three weeks ago James Wolfensohn, President of the World Bank, was supposed to appear on CNN, and he told CNN that if I showed up and they put me on the air he would not appear; he would remove all tapes of his interviews if Greg Palast were allowed on the air. And CNN did the courageous thing and yanked me out of the studio. Now we're going to find out why.
Joseph Stiglitz(fmr chief economist World Bank)
Creating Poverty: World Bank's Latest Passion
The World Bank has strange ways of eradicating poverty. Considering that sustainable agriculture is the established link to poverty eradication, the World Bank/IMF forced developing countries to shift from staple foods (crucial for food security needs) to cash crops that meet the luxury requirement of the western countries.
By: Devinder Sharma ~ STWR
In tune with the world's latest fad, the World Bank prominently displays a slogan in its Washington DC office: 'The purpose of the World Bank is to fight poverty with passion'. In fact, such has been the global effort to eliminate poverty and resulting hunger that over the past 25 years, despite every international treaty and agreement swearing in the name of poor and downtrodden, the number of absolute poor continues to grow unabated. World Bank is no exception
If statements and slogans could translate into action against poverty and hunger, the world would have emerged from the glaring inequalities long ago. Poverty could have been easily eclipsed from the face of the globe. Even the World Bank has very conveniently used the emotive appeal of fighting hunger to push in reality the commercial interests of the private corporations
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