Sunday, December 2, 2007

Suck on it, World Bank

There's a great article in the NYTimes today: Ending Famine, Simply by Ignoring the Experts that explains how Malawi has gone from begging for food aid to exporting food. How? The president finally told the World Bank to suck it. Malawi is one among many nations that the World Bank, IMF and rich donor countries pressure to open up to market forces and cut back on subsidies. It will hurt now, they say, but the payoff is down the road.

Wrong! So suck on some subsidies, World Bank!

1 comment:

Anonymous said...

Interesting to know.