World Bank's Evolution

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Questions and Answers

What was the focus in the 1990s according to the text?

  • Good governance (correct)
  • Private sector involvement
  • Government guarantees
  • Sustainable economic development

What prohibited the World Bank from making loans without government guarantees until the establishment of IFC?

  • Reorientation toward private sector support
  • Support for private investment
  • Sustainable development goals
  • Founding Articles of Agreement (correct)

What did the Bank become more open to involving in planning and executing projects in the 1990s?

  • Sustainable development goals
  • Non-Governmental Organizations (NGOs) (correct)
  • Government-owned industries
  • Private sector involvement

What was left purposefully vague or defined very narrowly in the early 1990s?

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

What is expected to trickle down and benefit everyone according to the text?

<p>Private sector involvement (D)</p> Signup and view all the answers

When was governmental corruption mentioned as an inhibitor of development?

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

What was the reorientation towards in the 1980s?

<p>Advocacy for private sector involvement (D)</p> Signup and view all the answers

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

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

What did the World Bank become more open to involving in planning and executing projects in the 1990s?

<p>Non-Governmental Organizations (NGOs) (B)</p> Signup and view all the answers

What had a profound impact in the 1980s according to the text?

<p>Reorientation towards support of the private sector (D)</p> Signup and view all the answers

What did the World Bank prohibit until the IFC was established?

<p>Loans without government guarantees (A)</p> Signup and view all the answers

What did the Bank begin to recognize in the 1990s according to the text?

<p>The importance of good governance in sustainable development (B)</p> Signup and view all the answers

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