The World Bank is not the IMF. It is considerably more responsive to popular forces, and has a mixed history. A great deal of what it has done has been awful. Some is quite constructive. There has been a shift in policy in recent years towards poverty reduction, support for popular initiatives, etc., I think a response to very powerful popular currents around the world. In some cases I know of personally it has gone well beyond rhetoric. To what extent this is true is another matter. [...] Many of its projects are highly meritorious. Just to mention one example, where I happened to have some personal contact, there is a fine project in Colombia, directed by a very courageous priest who has been a leader in human rights activities for years, to try to carve out a 'zone of peace' in a huge area, about the size of El Salvador -- that is, an area in which towns and villages refuse to participate with any of the terrorist groups -- the military, paramilitary, the guerrillas -- and ask to be left alone by them and pursue their own social and economic projects in peace. That takes plenty of courage in Colombia. It has had some success. It relies heavily on World Bank grants. Do we want that terminated? Do we have some suggestion as to how to replace it?

Policy·Reform·Global·Institutions·Development