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What are the critics of advocates of World Bank in promotion of development?
Critics of the World Bank argue:
• A one-size-fits all strategy which does not take account of individual countries exact contexts.
• The burden of structural adjustment included falls disproportionately onto the most vulnerable within society
• Poverty is yet widespread into countries subsequent HIPCs
• Aid quite than loans or cancelling third world debt is more effectual use of WB resources
• Markets are sometimes seems as unsuitable for promoting development.
What are institutions? Institutions are formal organisations as like: • Government : the group of some people and institutions who control and manage a country Civic socie
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