Mortgaging the Earth

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Comprehensive and devastating critique of the effects of World Bank policies on the societies and environments of the countries it operates in.
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More About This Book

Overview

Comprehensive and devastating critique of the effects of World Bank policies on the societies and environments of the countries it operates in.
Read More Show Less

Editorial Reviews

Financial Times
Rich poses timely questions about the World Bank's role.
Guardian
excellent survey of the consumer society and the toll it is taking on the earth.
Los Angeles Times
as credible as it is shocking.
New Statesman and Society
for those who have long had their suspicions of the World Bank, 'Mortgaging the Earth' proves they were right.
Susan George
a major work .... erudite and riveting. Sure to be widely read and deserves to be.
Publishers Weekly - Publisher's Weekly
The World Bank, the largest single source of financial and economic assistance in the world, was founded in 1946 to alleviate poverty and promote development . Rich, senior attorney at the Environmental Defense Fund, charges that today's Bank is institutionally debased and intellectually corrupt. His well-documented indictment focuses on the Bank's record in regard to the environment, citing Bank-supported projects that ignore end-use efficiency, conservation and local social organizations. Rich examines projects in the largest borrowing countries: transmigration in Indonesia; dams in India; deforestation, dams and roads in Brazil. These projects force the displacement of millions of impoverished people. Rich argues that the story is repeated in Africa, Malaysia and Thailand. He argues that global environmental management fails because there are no global solutions, only local ones. Rich points to such agencies as Inter-American, the African Development Foundation, Appropriate Technology International and Oxfam as organizations that take a more sensible, effective local approach to development than does the World Bank. This expose deserves a wide readership. (Feb.)
Library Journal
The degradation of the environment and the deepening of poverty in the Third World have been intertwined over the past 30 years. Rich argues that the top-down development approach pursued by the World Bank (and most other international lenders) has much to do with these outcomes. A lawyer with the Environmental Defense Fund, Rich has for over a decade worked within a vibrant international network of grass-roots activists to mitigate and change the lending policies of the World Bank--with some success. His book is one of the most insightful and detailed accounts of the World Bank's planning processes and their negative environmental impacts across the Third World. Recommended for academic and larger public libraries.-- Bill Rau, Takoma Park, Md.
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Product Details

  • ISBN-13: 9780807047071
  • Publisher: Beacon
  • Publication date: 6/28/1995
  • Edition description: REPRINT
  • Pages: 384
  • Product dimensions: 6.07 (w) x 9.15 (h) x 0.94 (d)

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