IMPORTANT: The full content of this page is available to premium users only.
Saturday, November 1, 2008
Volume:
24
Issue:
11
461
Abstract:
On September 9, 2008, the World Bank ended its financing of Chad’s oil pipeline to Cameroon after a dispute with the government over broken pledges to use profits on health, education, and easing poverty. The project was intended to be an example of how Africa’s abundant natural resources can be extracted for the benefit of the poor and simultaneously serve as a model of transparency and anti-corruption in World Bank lending...[more]