Chad: Oil and Development.

by Washington Post

FIVE YEARS AGO, the World Bank lent money and credibility to a risky experiment. Despite the depressing record of oil projects in poor countries — they tend to fuel corruption rather than boost development — the bank provided $190 million to kick-start the oil industry in one of the world’s most impoverished dictatorships, the landlocked African state of Chad. As a condition of its lending, the bank insisted that oil revenue be used for poverty reduction, and at first it mostly was. But now Chad’s government wants to relax the restrictions on how it spends its petrodollars. Unless Chad backs down, it will become harder for the World Bank to justify future oil projects in poor countries.

  • World Hunger Education
    Service
    P.O. Box 29015
    Washington, D.C. 20017
  • For the past 40 years, since its founding in 1976, the mission of World Hunger Education Service is to undertake programs, including Hunger Notes, that
    • Educate the general public and target groups about the extent and causes of hunger and malnutrition in the United States and the world
    • Advance comprehension which integrates ethical, religious, social, economic, political, and scientific perspectives on the world food problem
    • Facilitate communication and networking among those who are working for solutions
    • Promote individual and collective commitments to sustainable hunger solutions.

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