The World Bank responded most positively to the calls of reform in Brentwood organisations since 1990s. In this context critically examine the role of World bank in fulfilling its mandate.
- May 29, 2021
- Posted by: OptimizeIAS Team
- Category: DPS Topics
Introduction (I): Either talk of World bank and its role or contextual intro like reforms since 1990s. Body (B): 1) Briefly mention its mandate. 2) As the command is critically examine focus has to be on highlighting major concerns (weighted voting system favouring rich country control, Conditional aid, Guided by political interests and Western countries: Ex- World Bank denied India fresh loans after India tested nuclear weapons in 1998 etc..), though its success (Reviving development of the Western European nations post world war-2; Development assistance to the developing world; Shared prosperity like Indus water treaty; promoting good governance; giving expertise and fund to needy nations) should also be mentioned. Conclusion (C): You can suggest further reforms here.. |