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Flashcards in World Bank Deck (4)
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1

What is it the provider of?

Support for less developed countries and aims to reduce poverty

2

What does it promote?

Economic development in developing countries by providing long term investment loans

3

What have they been criticised for?

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

4

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