What is role of world bank in the promotion of development, Business Economics

Assignment Help:

What is the role of World Bank in the promotion of development?

The World Bank was found to promote post-war reconstruction and flow of capital to progressing countries. Its one hundred eighty one member countries own this. The main responsibility of the Bank is assist the institutional, structural and social development of countries by providing development funds to Less developed countries into the form of low interest loans, and technical assistance. The World Bank uses as:

• A Comprehensive Development Framework (CDF) established country-driven mechanisms for growth stakeholders to reach consensus.

• Poverty Reduction Strategy (PRSP) translates Comprehensive Development Framework in action. PRS outlines a 3-year adjustment programs which include goals, macroeconomic and social policy strategies, structural and loan requirements. The World Bank works jointly along with the IMF on PRS

• Country Assistance Strategy (CAS) established the level of World Bank financial and technical help for a country. Civic society should be consulted.


Related Discussions:- What is role of world bank in the promotion of development

General theory of employment , The word of Keynesian -styles A Keynesian co...

The word of Keynesian -styles A Keynesian come about the rules creators on purpose look for to motivate additional than one of the modules of aggregate demand to improvement numbe

Mr, using 8 units of production resource to produce 10,000 c0ws by a farmer...

using 8 units of production resource to produce 10,000 c0ws by a farmer how many sheep could he have produced

Price Discrimination, Suppose a monopolist produces at constant marginal co...

Suppose a monopolist produces at constant marginal cost and is able to discriminate between two groups of consumers. The demand in each group is linear. Would the monopolist discri

Condition of covered interest parity, (a) Suppose that the British Pound is...

(a) Suppose that the British Pound is quoted at $1.4419-36 and the Swiss Franc is quoted at $0.6250-67. What is the direct quote for the British Pound in Zurich? Note that a direct

Prepare a schedule of budgeted and cash budget, Question: Yamba Home P...

Question: Yamba Home Products is just beginning its fourth quarter, in which peak sales occur. The company has requested a $12,000, 90-day loan from its bank to help meet cash

Define the velocity of circulation of money, QUESTION (a) (i) Define th...

QUESTION (a) (i) Define the velocity of circulation of money. (ii) By comparing the Fischer's Quantity Theory of money and Keyne's Liquidity Preference Framework, explain cl

What is conditionality, What is Conditionality? Conditionality is the ...

What is Conditionality? Conditionality is the needs imposed onto countries as pre-conditions for loans. Into crisis situations member countries seek assist from the IMF for

How do economists differ from accountants, How do economists differ from ac...

How do economists differ from accountants in the use of the term profit ? Definition of rev and accounting costs Explanation/outline of opportunity costs, for example

Implications of agricultural price instability problem, Illustrate the impl...

Illustrate the implications of agricultural price instability problem for Less Developed Countries? Implications of agricultural price instability problem for LDCs: a. Agric

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd