World Bank Development Trends

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Questions and Answers

During the 1980s, the focus shifted to which of the following?

  • Private sector involvement (correct)
  • Support of government-owned industries
  • Good governance
  • Sustainable economic development

What was prohibited for the World Bank until the IFC was established?

  • Supporting sustainable development goals
  • Involving NGOs in planning projects
  • Making loans without government guarantees (correct)
  • Recognizing the importance of good governance

What are the changes consistent with the sustainable development goals?

  • Supporting private sector involvement
  • Involving NGOs in planning and executing projects (correct)
  • Privatization of government-owned industries
  • Recognition of the significance of good governance

Why was the term 'governance' left purposefully vague or defined very narrowly in the early 1990s?

<p>To avoid jeopardizing the Bank's neutrality and political mandate (D)</p> Signup and view all the answers

When was governmental corruption mentioned as an inhibitor of development?

<p>1995 (A)</p> Signup and view all the answers

What did the Bank begin to recognize is required for sustainable development?

<p>Good governance (B)</p> Signup and view all the answers

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