In September 2008, Chad repaid all of the World Bank’s loans, effectively nullifying all of the pledges it made to the bank regarding the use of its oil revenues. Had the various actors known that...

In September 2008, Chad repaid all of the World Bank’s loans, effectively nullifying all of the pledges it made to the bank regarding the use of its oil revenues. Had the various actors known that would happen when the project was first conceived, should they have proceeded in the first place? Does the World Bank have a right to demand that sovereign countries like Chad spend their oil revenues in ways the World Bank deems appropriate?