Sunday, April 24, 2011

World Bank Faults Itself as East Timor Struggles - NYTimes.com

World Bank Faults Itself as East Timor Struggles - NYTimes.com: "WASHINGTON — A frank evaluation by the World Bank’s internal auditors of a decade of efforts to help East Timor underscores the challenges facing international organizations trying to assist struggling nations.

The draft report, not yet released publicly, assigns much of the blame for slow progress in East Timor, which emerged in 1999 after a quarter-century struggle for independence from Indonesia, to the World Bank itself.

But it also illustrates the problems that arise as development agencies try to meet urgent needs while ensuring that donors’ money is not misspent."

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