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Obstacles to progress

Realities

export some abroad to make more profit. Now the northern communities in Ghana remain the

poorest in the country with no better jobs and no opportunities at all in most parts. “
"A Typical Example of How the World Bank and IMF Made Ghana Poorer." 247
AfricaSon
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Higher levels of unemployment, lower incomes

Failures in supervision of IFC funded projects
"How will the World Bank reform after its disastrous Uganda transport 248 project"

"IFC Funding Decried as 'Shrouded in Darkness and Riddled with Abuse,'" 249
Bretton Woods Project
The Guardian
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World Bank & IMF relationship with Africa and Africans

(In a ‘boss-centric’ relationship, the ‘boss’ simply tells people what to do. Ie he has the larger

‘say’ in any decisions. In a ‘subordinate-centric’ relationship, the ‘boss’ consults other people
and decisions are made jointly.)

Many African countries feel that their relationship with World Bank & IMF is ‘boss-centric’
and that these Bretton Wood Institutions have to go through their own ‘structural

adjustment’ in order to be capable of a more ‘subordinate centric’ approach to economic

development in Africa.

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