News stories by Boudewijn Mohr

BEAUNE, Burgundy, France, Nov 07 (IPS) - Boudewijn Mohr* is a former UNICEF country programme and operational management specialist who travelled across 36 countries on the African continent. He is also a former senior international corporate banker in New York, and author of the recently-released "A Destiny in the Making: From Wall Street to UNICEF in Africa".

Some 30 years ago, the international banks were afloat with petrodollars, deposited by the oil exporting countries. The banks in turn stepped up lending to Latin America, in a big way. The new branch of Société Générale in New York where I was working at the time followed suit rapidly building up its portfolio, as the bank needed to make loans to get its branch off the ground.