Continuing a much-heralded tradition at the Bretton Woods Project, the first issue of 2005 will feature ‘Bankspeak of the Year’ – the most incomprehensible use of words in a Bank or Fund document or speech. Also, our list of recommended resources – the best of books, reports and articles written about the work of the Bank and Fund in 2004. Suggestions from readers for both features are very welcome.
Originally created to help the poor escape poverty and deprivation, the World Bank became the most important advocate for the commercialised microcredit model. Yet, critics argued it undermined the chances of sustainable and equitable development to create a poverty trap of historic proportions.
While the World Development Report (WDR) 2018 on education has some redeeming features, it is part of the Bank's longstanding very narrow view of education, and is silent on education financing.
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