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Flashcards in World Bank Deck (4)
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What is it the provider of?

Support for less developed countries and aims to reduce poverty


What does it promote?

Economic development in developing countries by providing long term investment loans


What have they been criticised for?

Because the conditions attached to loans have not always had the effect of reducing poverty


What has it been responsible for?

Funding major top down projects like the multi purpose dams to provide hydro electric power in LIC’s which didn’t help reduce poverty