Washington, DC — One month ahead of the World Bank's annual meeting, Friends of the
Earth International draws attention to a key study critical of the
Bank's work on trade liberalization.
The study by the World Bank's Independent Evaluation Group (IEG) was
released on March 22 and concludes that the World Bank's strategies on
trade did not deliver on employment and poverty reduction. In a press
release announcing the new report, the IEG comments that the Bank "was
overly optimistic about the immediate and universal benefits of more
open trade."
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