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Essay text:
Why was the World Banks’ participation in the Chad-Cameroon pipeline critical?
- The World Bank thought that Chad this time in loaning them the money will honor the deal because it was for a great cause and because they had so much outstanding loans.
3. Does the World Bank have a right to demand that sovereign countries like Chad spend their oil revenues in ways the World Bank deems appropriate?
- Yes,
Corrupted countries are hard to control by demanding how the spending will is a good thing for the following reasons:
• Quality of life.
• Doing it for a purpose (education and health)...
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