Topic > A World Bank Research Project - 725

The World Bank recently funded an effort in Ethiopia to help increase investment in their infrastructure. In May 2015, $370,000,000 was committed to fund the Ethiopian Highway Development Support Project. Reuters considered the project risky. About a quarter of the way through the project, the World Bank admitted that something had gone wrong. Many people were forcibly displaced from their homelands as a result of the project. The World Bank supports "Working towards a world free from poverty". Reuters, however, reports that in this project the World Bank admits that it is lacking in its efforts. No monitoring and accountability measures were taken to ensure that people were in the path of highway construction. How could 70,000 people be displaced? The answer is not exactly simple. The project's efforts were intended to help eliminate the extreme poverty plaguing Ethiopia by developing roads, dams and increasing investment, but something else happened: People were forced to move quickly and with meager compensation. Worldbank.org boasts of the remarkable progress made in Ethiopia compared to other sub-Saharan African countries. Over the last 10 years there has been an average growth of almost 11% in their Gross Domestic Product. Agriculture and infrastructure were considered the driving force. The government of Ethiopia borrowed money under the leadership of Tesfamichael Nahusenay Mitiku so that the Ethiopian Road Authority could develop rural and interurban roads and highways. This project was expected to last approximately six years. The World Bank has reported the progress of this project on its website as Satisfactory, but on Wednesday, March 4, 2015, World Bank President Jim Yong Kim admitted the shortcomings and... halfway through the document... or it would be created when to build a highway. It was very irresponsible not to do so. I believe it is possible to ensure that human lives are taken into account in projects such as these. It is contradictory that they were not given an alternative living plan agreed within reason that provided similar or better conditions for which they were giving up their livelihood. It is a sacrifice to leave your home and the sacrifices should be compensated. If the World Bank had not been able to fully fund this project while taking into account the people involved, then the project would have had to be put on hold until adequate funding and solutions were achieved. I believe that the World Bank organizations should have been able to make an impartial decision on this project, but I dare that a funding organization can do so because of its financial interest in the project.