World Bank reads Undermining Development?

The new Undermining Development? report seems to be reaching the places other reports don’t. In an article titled, 'World Bank endorses revision of mining agreements, on November 2nd, The Post reports that the World Bank fully supports the Zambian government’s efforts to renegotiate the development agreements. New country manager Kapil Kapoor is quoted: “We fully support government’s efforts to revise mining agreements. Zambia should be able to benefit more from high commodity prices and use the earnings to improve other sectors of the economy,” Kapoor said. “This country should take a leaf from Botswana, which has over the last few years utilized its diamond revenues to improve other economic sectors.” The Botswana comparison comes straight from the Undermining Development? report.