Third World Plight

Name

Course

University

Tutor

Date

The origin of the third world plight

Thesis

The Third world countries have continued to witness some of the most challenging times in their quest for real development that would catapult their economies to march those ones of the first worlds However these countries have been bedeviled by major obstacles of bad governance , corruption , and exploitation by the first world countries Of great concern has been the contribution of major world bodies that have continued to impoverish these economies in the name

of supporting them . The World Bank stands out as one of the culprits

Introduction

Many times is when some people do not understand what is meant by the term `third world plight . This in terms means , they are those countries that still are developing . The third world countries are greatly in substantial indebt ness according to statistics . More than 50 of the people living in third world countries are living below the poverty line : this is below a dollar a day . It is reckoning , how this is happening , but the World Bank has attributed all this . In 1986 -1987 the World Bank 's president Barber Conable said that the World Bank had been a great success , yet it only oppresses the governments in the third world countries . In 1962 , Robert McNamara who was the bank 's president led it to achieve higher loans levels and by the time he was resigning in 1981 , the levels had increased from 883 million to over 12 billion (James Bovard

McNamara and the World Bank supported Nyerere 's dictatorial regime and the bank gave more aid to Tanzania hence the cause of the current misery of the Tanzanian people . This kind of act by the World Bank was wanting as it only devastated the third world countries . In late 1970 's , the World Bank also financed the Vietnamese 's government thus encouraging their brutal policies that brought about a lot of deaths of the boat people in the south sea . The bank was to finance an irrigation project that was risky , as it would be subjected to rebellion among the farmers Farmers who resisted the project ended up being drowned in the sea (James Bovard

The World Bank lent 600million to the Indonesian government to forcibly remove people from Java Island and resettle them in the barren islands It was due to this transmigration , that violence erupted in Indonesia leading to the deaths of thousands of people . Despite this fact , the bank termed this as the largest voluntary migration ' This was clarion of the banks hypocrisy as it violated human 's rights . The bank provided capital to the Ethiopian Marxist regime of Mengistu Haile Mariam (James Bovard

In 1984 - 1985 , Ethiopia was struck by famine and this forced the government to forcibly deport people in northern Ethiopia to the south It is believed that more deaths occurred as would have been caused by the famine . The government introduced the villagilization program but many people still rebelled against...