Thursday, June 5, 2008

international financial institutions, eg. the IDB

I just mentioned how Pro Mujer was mostly funded without government help; there is a caveat:
she credits the Inter-American Development Bank with funding for Argentina, and that appears to be a government collaboration. You would never know it from their website; I had to look for them in Wikipedia to find their origins and funding, and they are much like the IMF and World Bank, established by governments. Fortunately, we have organizations like the Bank Information Center that watch these multi-national government organizations carefully with projects such as BICECA for civic engagement for issues in the Andes-Amazon region.

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How do we get private institutions to replace these huge government lenders? We have quite a few private foundations; I wonder how their power compares? I have a feeling that private money is more effective and free than government banks; can I back that up with examples?

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