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| Topic: |
Business
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| Number of pages / Number of words: |
11 / 2880 |
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This ineffective action may be explained by two factors. Firstly, the article framework within which the Bank operates does not assign any urgency or primacy to poverty reduction; thus its pronouncements only get prescribed through humanitarian add-ons, such as safety-net programs. Secondly, Bank staff was not employed to eliminate poverty, but for qualities that may not have immediate relevance for poverty reduction; meaning they are not the right people to undertake such sensitive social projects as the World Bank does...
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Secondly, Bank staff was not employed to eliminate poverty, but for qualities that may not have immediate relevance for poverty reduction; meaning they are not the right people to undertake such sensitive social projects as the World Bank does. Susan George, a long time critic of the World Bank, sees the role of the Bank being purely to make sure the debt of Third World countries is being serviced...
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