This year’s World Social Forum, which took place at the time of publication in Porto Alegre, Brazil from 26-31 January, hosted a number of World Bank/IMF related workshops and events. For information about which people and groups were there and IFI related events, visit IFIwatchnet.
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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