Effect Of World Bank On Less Developed Countries

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take this opportunity to express my humble gratitude and personal regards to faculty of BUSINESS ENVIRONMENT for inspiring me and guiding me during the course of this project work and also for his cooperation and guidance from time to time during the course of this project work on the topic

The Present Project Report is attempted to explain for the benefit of the general readers. Dealing with this topic in a material form has naturally involved a great deal of compression and omission of many matters of interest. I hope that my selection of material will give a fair outline of the general picture.

"EFFECT OF WORLD BANK ON LEAST DEVELOPED COUNTRIES"

" I EXPRESS MY GRATITUDE TO THE FACULTY OF, BUSINESS ENVIRONMENT, DR. M. MISHRA SIR FOR THE CONCEPTS GIVEN BY ...

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and the International Development Association (IDA). The World Bank is a component of the World Bank Group, which is part of the United Nations system.

The World Bank's stated official goal is the reduction of poverty. However, according to its Articles of Agreement, all its decisions must be guided by a commitment to the promotion of foreign investment and international trade and to the facilitation of capital investment.

Structural adjustment, as measured by the number of adjustment loans from the IMF and World Bank, reduces the growth elasticity of poverty reduction. I find no evidence for a direct effect of structural adjustment on growth. The poor benefit less from output ...

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