The World Bank 's Support For The Construction Of The Nam Theun 2 Dam

The Grand Coulee Dam, located in Eastern Washington, was one of controversy, risk, and a point of no return. While the water captured made the desert area blossom in agriculture and it powered some large cities, it created a sense of accomplishment, that humans can control Mother Nature. While many people were very excited for this new construction – which gives power and resources - at the time, some thought it should not be allowed, they are not proud of containing the Columbia River. In this analysis, I am going to focus on the economic and social effects that the Grand Coulee Dam created in its build.

The article “Down go the dams” by Jane C.Marks aim to provide an informative view on the current pending issue on Dams. The article starts out my mentioning the important nature of dams in our society. For example, Jane C.Marks states that today about 800,000 dams operate worldwide as well as the fact that most were built in the past century, primarily after World War II. Furthermore, the author lays down informative facts about dams such as the fact that dams control flooding and their reservoirs provide a reliable supply of water for irrigation, drinking and recreation which are all very important to society. In an economic standpoint, although it is very high maintenance dams provide jobs for people. The

The Three Gorges Dam is an unfinished project which will be the largest dam ever constructed on the planet Earth. It is situated in China on the third largest river in the world – the Yangtze. The dam has been debated over since the 1919 and is still a hot topic of debate because of its many pros and cons. In 1994 construction began on the dam, and it is expected to be finished by the year 2009. The massive dimensions of the dam are mind boggling and its functions – if the dam actually works – are truly remarkable; however, with such a large structure also comes difficulties, sacrifices, and cynics. The goal of this essay is to lend an understanding of the dam itself, the prospective benefits of

In the early 2000's the World Bank supplied $4.2 billion dollars to a project entitled the "Chad-Cameroon oil pipeline to the Atlantic Ocean." The goal of the project was to provide Chad an opportunity to grow its infrastructure and provide the economy with jobs. The project was done under the agreement that the money would be spent on improving Chad as a country with international supervisions. The negative outcomes of this were a misuse of the money. In 2005 the president of Chad declared the oil money would be used to fund the general budget of the country and to purchase weapons. This was rather unfortunate and unproductive for the country and hindered the overall goal of this project.

The Chad-Cameroon Petroleum Development and Pipeline Project was one that helped finance the pipeline with World Bank funds as well as funds from some other sources and lenders in the world. Chad had a lot of oil but being landlocked had no way to bring the oil to market. And as one of the poorest nations on earth, it didn't have the funds to build a pipeline. The IMF and World Bank got involved to help coalesce efforts towards success. There were $600 million in investments. $100 million from the IFC (private arm of World Bank), $200 million from France's COFACE. The US Import-Export Bank invested $200 million and private lenders coordinated by the IFC invested an additional $100 million. 1

This creation, depending peoples rebuttle and debate, can be a great source of saving money and helping the wolrd one step at a time. Now, that more and more reservoirs have been

Many countries are also highly dependent on water that originates outside their borders; the water diversion provided by dams for countries that are downstream exacerbates an already serious problem. The diversion of river systems is an area of international concern, the nature and extent of such interdependency is already extensive: 145 countries share over 261 international river basin. As demand increases, and as indigenous sources of water become fully utilized or exhausted, the only alternatives are likely to be international (Dolatyar, 2006). Ironically, the very solution of one country's scarcity, plunges another into water shortage, this is the reason why water security is one of the most crucial foreign policy considerations of a globally connected economic and political atmosphere.

The Bakun Dam has been a highly controversial issue spanning over three decades as its validity and use to the people of Malaysia have been questioned. For the cost that involves producing this dam, at seven billion dollars and rising, is there a need for so

One example of a hydroelectric dam funded by the World Bank is the Sardar Sarovar Dam in India. The World Bank funded Sardar Sarovar in 1985, approving $450 million in loans for the development of this dam. (Bosshard, 2008)

World Bank investments in a hydroelectric project in Chamoli, India have led to human rights violations, debt, and will likely cause increases in utilities costs. In 2015 Human Rights Watch, an international non-governmental organization dedicated to exposing human rights violations, released the report “At Your Own Risk” which gave compelling evidence detailing a pattern of reprisals against critics of World Bank funded projects. According to the report, residents of Chamoli, as well as nearby villages, who criticized a World Bank funded hydroelectric project were subject to insults, intimidation, and threats by employees of the Tehri Hydro Development Corporation India Ltd. (THDC). The report describes the World Banks complicity in allowing harassment tactics by its funding recipients, including the THDC, even though “Both the World Bank (the Group’s public lending arms), and the International Finance Corporation (IFC) (the Group’s private lending arm) have policies that require them to consult communities and safeguard against causing harm to them and the environment through their investments” (Human Rights Watch, 2015). The THDC is a public-private partnership, receiving public funds and private investments, which follow a utilities privatization development model being implemented throughout India (Dwivedi, 2011). The Indian government has planned on offering stakes in THDC publicly worth billions

The history of international development aid can be tracked down to antiquity, however, the modern era saw international development aid begin to evolve in the 19th and early 20th century (Kapur, 2003) but the true expansion of international development aid was in the aftermath of the Second World War. The most significant events in accordance with the establishment of international development aid were the creation of The United Nations, The Marshall Plan, and The Bretton Woods conference that established the World Bank and the IMF. The modern manifestation of international development aid is extremely widespread. There are countless international organizations and governments present which all contribute to international development aid as it is a moral responsibility, however, what is the effectiveness of the aid they provide? This paper argues

With the development of technologies and resources that help an economy’s growth, dam-building has been a primary focus in many countries around the world. Dams create reservoirs, whose water in turn is used for agricultural irrigation, within the industrial sector, and also as human consumption. In addition, dams are used to create hydroelectric power. With all these positive economic effects, one can argue that dams are necessary for a nation; however , dam-building has many impacts on the environment, on surrounding populations, and on their respective economies. Furthermore, the dams in these areas have been the subject or cause of many wars fought over water resources.

International River Network and Bujagali Dam Project Uganda, a country based in Africa, is one of the poorest countries in the world. Less than 5% of the population of Uganda has access to electricity more because of poverty and low creditability and less because of lack of electricity.AES is considered to be one of the biggest companies in the world and the largest independent power producer is going to construct $530-million dam near Bujagali Falls on the Nile. Though the details of Bujagali Dum project such as the costs, the amount and terms of capacity payment and distribution of

the project is to “borrow” some water from the Yangtze river to the water-scarce NCP.

The first dam was built somewhere around 3000 B.C.. Over the years, we have built a lot of these reservoirs, over 500,000 to be specific. A reservoir or dam is a wall built in a river, that keeps the water from flowing, and stores large amounts of water behind the wall, since the water’s flow is interrupted. They are very helpful and efficient, but come with a number of worrying effects. I am here to present three of the most critical flaws with dams and reservoirs, as well as present the pros of these miracles.