Ideological knee-jerk rejection of World Bank loans is so last century

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Not only do the loans come at a favourable interest rate, they are accompanied by the kind of scrutiny that corrupt South Africans need.

Not only do the loans come at a favourable interest rate, they are accompanied by the kind of scrutiny that corrupt South Africans needThere is grave misunderstanding in sections of our society about the meaning and utility of loans from the World Bank, and

developmental institutions in general. Much of the commentary on the World Bank is frozen in time...A subscription gives you full digital access to all Sunday Times content.Registered on the BusinessLIVE, Business Day or Financial Mail websites? Sign in with the same details.

 

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