Africa/Global: Report finds World Bank & regional development banks invest little on education & curbing child labour
'Advancing the Campaign Against Child Labour: The Resource Allocations of National Governments and International Financial Institutions', a report released by the US Labour Department comparing military and basic education expenditures by governments in 73 developing countries for each year from 1990-2001, finds that most of these countries dedicated a larger share of their central government expenditures to education than to the military. In contrast, the report indicates that the multilateral development banks the World Bank, African Development Bank, Asian Development Bank, and Inter-American Development Bank invested a relatively small portion of their resources in these countries to basic education and child labour.