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Episode details

World Service,17 Apr 2015,55 mins

Millions "displaced" by World Bank

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The World Bank faces fresh allegations that it has failed to properly police the consequences of its development policies, displacing millions of people from their homes without giving them proper compensation. We hear from the man who developed the Bank's resettlement procedures in the 1970s and 80s, and current President Jim Yong Kim. There are fresh concerns about whether Greece and its international lenders will find a way to break the impasse over its huge debt burden. Greece's borrowing costs shot up after reports it informally asked the International Monetary Fund if it could delay the repayment of a loan due next month, an option the IMF has all but refused. The UK Independence Party wants a referendum on whether the British should stay in the European Union. Ahead of the UK's general election Roger Helmer, the leader of UKIP in the European Parliament, outlines its economic strategy. And the online marketplace for arts and crafts, Etsy, has made its stock market debut in New York, but with a greater responsibility to shareholders can the firm stay true to its idealistic roots? We have a report from the BBC's Kim Gittleson in New York.

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