In 64 years, how has IDA reduced poverty in Africa?

Let’s juxtapose the reality in Africa against IDA’s mission. Africa has some of the poorest people in the world. It contributes a paltry two percent of international trade. It contributes less than one percent of patents globally.

The continent has the largest wealth disparities in the world. Millions of people across Africa are food insecure, needing food aid. A study has indicated that Africa is among the most hostile regions in the world for women and girls, because of residual cultural attitudes and the failure of governments to implement gender equality policies.

Africa has the largest youth unemployment rates in the world. Africa’s political class is the wealthiest in the world. Africa remains unsustainably indebted. The people who live in Africa’s slums and unplanned urban sprawls have limited opportunities and are susceptible to violent crime and natural and manmade disasters.

As speeches in “Newspeak” were being made at the IDA conference, dozens of poor Kenyans were being killed by floods. These rains had been forecast, yet government, not surprisingly, was caught flatfooted.

So in its 64-year existence, how has IDA reduced poverty and inequality in Africa? How has its work enhanced living standards when so many Africans are drowning in the Mediterranean Sea trying to escape grinding poverty and hopelessness?

As one watched the theatre of leaders of the poorest continent arriving at the IDA illusionists’ conference in multimillion-dollar vehicles, wearing designer suits and wristwatches, with men in dark suits and glasses acting a pantomime of intimidation, and then listened to their “Newspeak,” one felt like weeping for the continent. The illusionists had performed their sleight of hand.