[Fwd: LatAm grim: Wolfie]

[Carrol Cox <cbcox@xxxxxxxxxxxxx>]

I forward just the opening paragraph of the FT article
on the World Bank president's statement, to isolate the
concluding phrase "despite far-reaching economic reforms."
Of course it should read, "BECAUSE of far-reaching
economic refortms."

Carrol


-------- Original Message --------
Subject: LatAm grim: Wolfie
Date: Fri, 04 Feb 2000 12:51:13 -0500
From: Doug Henwood <dhenwood@xxxxxxxxx>
Reply-To: lbo-talk@xxxxxxxxxxxxxxx
To: lbo-talk@xxxxxxxxxxxxxxx

Financial Times - February 4, 2000

LATIN AMERICA: Region no better off now, says World Bank
By Henry Tricks in Cancún

James Wolfensohn, president of the World Bank, on Thursday painted a
grim picture of poverty in Latin America, saying the region was no
better off than it was more than two decades ago despite far-reaching
economic reforms.