The Bank has played a lead role in recognising the intrinsic risks in forced displacements. Its The in-house Impoverishment Risks and Reconstruction model developed by Michael Cernea has been extensively tested and elaborated. It is therefore surprising that OP/BP 4.12 acknowledges impoverishment risks in its first paragraph but fails to without proposeing measures to address them. Instead, it falls back on the same flawed economic analysis and methodologies that have been responsible for decades of unacceptable performance. By narrowly focusing the Bank’s client’s responsibility on compensation for loss of land, the revisions sidesteps the need for viable economic and social rehabilitation of the innocent victims of development-induced displacement. If its intention is to implicitly address risks, then why did the new policy fail to proscribe the analytical tools and commensurate financing to avoid them?
Mar 21, 2002
































