The international financial institution claim that "large revenues are essential for development risks conflating "economic growth" with "development" Philip Hirsch observes that the impacts of dam development have to be seen in terms of unequal distribution of costs and benefits.
...
Some opponents of big dams argue that international financial institution involvement in large hydropower projects is explained best not by alruism, but rather by the interst of the Banks in preserving their raison d'etre.
from Greacen and Palettu, Electricity Sector Planning and Hydropower, in Democratizing Water Governance in the Mekong Region, Lebel et al ed. at Amazon
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