
Money & Markets
On Myanmar, the World Bank should follow its own policies on keeping hatred out of projects it fundsAs the World Bank’s member countries convene in Washington this week, the institution’s stance on the humanitarian crisis in Myanmar deserves their attention. In its first public response to the exodus that has unfolded in Myanmar, which the United Nations high commissioner for human rights has labeled ethnic cleansing, the World Bank on Sept. 14 issued a maddeningly bland statement about its work in the country, acknowledging the “deterioration in security,” but pointing fingers at no one. The statement reveals a remarkable lack of direction within the institution coming from its largest country shareholders, and particularly the United States.
Updated July 20, 20225 min read