Mortgaging the Earth

Washington | Covelo | London

Copyright © 1994 and 2013 Bruce Rich All rights reserved under International and Pan-American Copyright Conventions. No part of this book may be reproduced in any form or by any means without permission in writing from the publisher: Island Press, 2000 M Street, NW, Suite 650, Washington, DC 20036 Island Press is a trademark of Island Press/ The Center for Resource Economics.

Library of Congress Cataloging-in-Publication Data Rich, Bruce.

Mortgaging the earth : the World Bank, environmental impoverishment, and the crisis of development / by Bruce Rich. pages cm Includes bibliographical references and index.

ISBN 978-1-61091-517-5 (pbk. : alk. paper) -- ISBN 1-61091517-8 (pbk. : alk. paper) 1. World Bank--Developing countries.

2. Environmental policy--Developing countries. 3. Economic assistance--Developing countries. I. Title.

HG3881.5.W57R53 2013 332.1’532091724--dc23 2013024543

Printed on recycled, acid-free paper

Manufactured in the United States of America 10 9 8 7 6 5 4 3 2 1

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“This is a detailed and thought-provoking look at an important subject from the viewpoint of a passionate advocate.”

— The New York Times Book Review “Rips apart the bank’s lending policies and has sent the noble institution into a spin” — The Guardian “Disturbing.”

— The Nation “Important” — The Los Angeles Times

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