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Polonoroeste Program Case Study

Decent Essays
One of the projects that caused unforeseen consequences was the World Bank’s funding in the Polonoroeste Program in the late 1980’s. This program was designed to build a highway (NAME OF HIGHWAY) into north western Brazil and incorporate this region into Brazil’s ascending economic machine. This project was partially funded by the World Bank (WHICH SECTION FUNDED IT? For how much?). The Polonoroeste Program had some foreseeable objectionable outcomes as well as outcomes that were completely unanticipated. Through negative publicity generated by this project, the World Bank was forced to restructure itself to account for environmental concerns. In the initial phases of the project, there were objections from outside the bank that lead to US congressional hearings. It was apparent to the indigenous populace of the Polonoroeste area that new settlers would uproot their way of life. After 20 congressional hearings an incensed US congress made the World Bank take its actions into account. This spurred the financial institution to restructure itself and come to the new conclusion that environmental issues were key for sustained economic growth. They invested more funds into protecting the indigenous population (HOW MUCH). Unfortunately, these funds didn’t deter settlers and the native population from getting into fights. With better planning and assessment,…show more content…
Before this, its chief goals were to liberalize trade and promote industrialization in countries. Prior to this project, the World Bank had been doing so without considertion to the environment, but would be forced to change after it. The World Bank could then be seen as an evolving mechanism to bring about global change. While at the time of the Polonoreste program, the World Bank was completely blindsided by the social and environmental consequences of investing in such a project, afterwards it gained new perspectives and perhaps learned from
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