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Are you surprised by the variety and range of issues addressed by the World Bank - projects that
meet basic needs such as fresh water and programs to provide Internet services? What are your
thoughts on this variety?
Solution
Soln:
It is indeed surprising by the variety and range of issues addressed by the World Bank. There are
concerns about the types of development projects funded. Many infrastructure projects financed
by the World Bank Group have social and environmental implications for the populations in the
affected areas and criticism has centred on the ethical issues of funding such projects. For
example, World Bank-funded construction of dams for irrigation, drinking water and electricity
generation in various countries has resulted in the displacement of indigenous peoples of the
area.
World Bank working in partnership with the private sector may undermine the role of the state as
the primary provider of essential goods and services, such as Internet service, drinking water,
healthcare and education, resulting in the shortfall of such services in countries badly in need of
them.
Therefore , world bank should focus more on providing funding to alleviate proverty and to take
up projects which empower people to come out of poverty and world bank should not impose
any conditionalities on governments who borrow money from them.
Are you surprised by the variety and range of issues addressed by the.docx

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Are you surprised by the variety and range of issues addressed by the.docx

  • 1. Are you surprised by the variety and range of issues addressed by the World Bank - projects that meet basic needs such as fresh water and programs to provide Internet services? What are your thoughts on this variety? Solution Soln: It is indeed surprising by the variety and range of issues addressed by the World Bank. There are concerns about the types of development projects funded. Many infrastructure projects financed by the World Bank Group have social and environmental implications for the populations in the affected areas and criticism has centred on the ethical issues of funding such projects. For example, World Bank-funded construction of dams for irrigation, drinking water and electricity generation in various countries has resulted in the displacement of indigenous peoples of the area. World Bank working in partnership with the private sector may undermine the role of the state as the primary provider of essential goods and services, such as Internet service, drinking water, healthcare and education, resulting in the shortfall of such services in countries badly in need of them. Therefore , world bank should focus more on providing funding to alleviate proverty and to take up projects which empower people to come out of poverty and world bank should not impose any conditionalities on governments who borrow money from them.