World Bank urges Arab leaders to adapt to new world

Hazem Zohny

Headline INTERNATIONAL: World Bank leader aims for continuity

2009 ◽  
Vol 75 (1) ◽  
pp. 3-12
Michael Hanagan

The collapse of neoliberalism since September and October of 2008 has been sudden and spectacular. The failure of the ideas sustaining the Washington Consensus and the practices of the World Bank and the International Monetary Fund seems nearly complete. The new world we may be entering could have a dramatically different political opportunity structure than the old one. But what will take its place? What has the Left to offer? What has it learned in recent decades that have been filled with more defeats than victories? What will it have to offer right now when millions are seeking solutions? Our contributors possess no crystal ball. Our answers to these questions are framed historically. How have left movements learned from defeat in the past? What factors have enabled them to exploit moments of opportunity? Analyzing the immediate historical context to the present crisis, historians can suggest which measures promise the most hope of success and which seem doomed to failure. To this end, the papers in this collection concern themselves with left victory and defeat. They show that victory and defeat are more problematic than we might think. Each raises its own particular set of challenges and concerns.

The Lancet ◽  
2005 ◽  
Vol 365 (9474) ◽  
pp. 1837-1840
Jennifer Prah Ruger

2004 ◽  
Vol 16 (4) ◽  
pp. 547-561 ◽  
Carolien M. Klein Haarhuis ◽  
Frans L. Leeuw

Subject Political outlook for Sierra Leone. Significance President Ernest Bai Koroma was met with protests when he arrived at the World Bank in Washington DC on April 17 to discuss the government's post-Ebola recovery plan. These mirror larger demonstrations in the capital, Freetown, over the ousting of his former deputy. Koroma is under growing pressure over his alleged plans for a third term and a recent graft scandal linked to Ebola funds. Impacts The GDP loss from Ebola (1.4 billion dollars; a 23.5% contraction) will exacerbate poverty, adding to popular frustration. Commodity prices will continue to depress the critical mining sector, causing budget gaps and foreign exchange shortages. The new World Bank Ebola funds (650 million dollars) will help the recovery, but rigorous reporting requirements could slow their release. US and Chinese backing for a new African Centres for Disease Control may improve early warning capabilities ahead of future epidemics.

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