In many countries, popular sites get around both government checks and corporate pressures. At least it does have a public-interest mission. But we must operate in the real world. With independent media under attack worldwide, it is often those institutions that can contribute most to economic development by providing scrutiny of the private sector that are targeted. Perhaps the World Bank should step in by forging mutually beneficial partnerships with media enterprises.
Bankers can be change-makers.
It was in part when bankers refused to roll over loans to South Africa that apartheid fell. The World Bank can bolster a free press as a vital part of its mission to alleviate poverty and promote development. Any such initiative should be implemented in consultation with independent media groups so that there are proper checks on editorial interference. Media outlets must not be pressured to promote any privatization agenda but must retain editorial freedom to criticize market-driven strategies and bank policies. Financing of credible independent media companies.