Unit 62 World Bank The World Bank is one of the major channels through which development aid is passed from the Industrial West to the poor and developing nations. In the last decade, important changes have taken place in the size of the Bank's operations and in the emphasis of its lending policies. Few people would deny that the President of the Bank, Mr. Robert McNamara, has played a vital role in bringing about the changes. What immediately strikes anyone looking at the lending figures over the last ten years is the tremendous expansion of the Bank's loan program. This has increased from $1 billion to nearly $7 billion. The figure includes "hard loans" which are made at current rates of interest, and "soft loans" which are allocated to poor countries at concessionary rates. In deciding the emphasis of its lending policy, the Bank had to take into account the population explosion in poor countries. There is a strong and deeply-rooted tradition among people in these countries to have big families. The large family unit, it is believed, brings greater financial stability. What the Bank discovered -- this was a revolutionary idea -- was that there was a link between economic and social development, on the one hand, and a reduction in fertility rate, on the other. Thus, by improving basic health services, by introducing better nutrition in a poor country, a lower fertility rate would be achieved. This advance in thinking persuaded the Bank to change its overall lending strategy. Where previously it had concentrated on the big infrastructure project such as dams, roads and bridges, it began to switch to projects which directly improved the basic services of a country. There was a shift from building dams to digging water holes to provide clean water. A second reason for the change in approach was that the Bank had learned a bitter lesson from projects financed in the 1960s. Many of it capital investments had scarcely touched the lives of the urban and rural poor, nor had they created much employment. Instead, the huge dams, steel mills and so on were left as monuments to themselves. This redirection of its lending has meant that the Bank has tended to support labor-intensive activities rather than capital-intensive ones. There is a better chance, in the first case, that its funds will benefit the bottom 40% of a country's population. The Bank is also looking at ways of stimulating the growth of small businesses in many developing countries, since this would create employment opportunities for people with low incomes. The major thrust of the Bank's effort is directed towards improving conditions in poor countries. The Bank sees it as a moral duty of developed countries to help those living in conditions of absolute poverty. Mr. McNamara has publicly stated that he trusts "Civilized people will never allow themselves to reach a state where they will watch on their TV sets other less fortunate nations perish."
国内英语资讯:Boao Forum for Asia annual conference concludes with consensus reached
体坛英语资讯:Ghana sink Kenya to top Group F of 2019 AFCON qualifiers
你觉得什么样的人值得尊重?
国际英语资讯:Russia urges U.S. to stop interfering in Venezuela
国际英语资讯:Intl community pledges more practical actions to tackle climate change
国际英语资讯:Singapore nominates hawker culture to be on UNESCOs heritage list
体坛英语资讯:Spain start Euro qualifying with 2-1 win over Norway
国内英语资讯:Construction of 2,240-MW hydropower station underway in upper Yangtze
大学生空腹豪饮的趋势令人担忧
国内英语资讯:Top political advisor stresses investigation, research
国际英语资讯:UN migration agency appeals for 41.4 mln USD for emergency assistance to Iraq
体坛英语资讯:Guangzhou R&Fs Eran Zahavi lifts Israel to 4-2 win over Austria
体坛英语资讯:Albania lose to Turkey 2-0 at opening Euro 2020 qualifier
国内英语资讯:2019 China-New Zealand Year of Tourism kicks off
有哪些老外的美食让中国人恶心?
国内英语资讯:Political advisors call for quality rural road construction
《波西米亚狂想曲》口碑爆棚,4首经典了解皇后乐队
国际英语资讯:British lawmakers reject PMs Brexit deal
体坛英语资讯:Chinas Sun Wei wins silver at Birmingham gymnastics World Cup
国际英语资讯:Dozens killed in clashes between troops, rebels in south Yemen
国内英语资讯:Over 60 countries to join Chinas commemorative event for PLA Navys 70th founding anniver
体坛英语资讯:Renewed Germany grab late win against Netherlands in Amsterdam
国际英语资讯:Zelensky, Poroshenko advance to second round of Ukraines presidential election: exit poll
国际英语资讯:Trump renews threat to close U.S.-Mexico border
B站与索尼旗下Funimation达成战略合作
国际英语资讯:Over 50 IS militants killed by U.S.-led airstrikes in eastern Syria
国内英语资讯:Beijing sets up investment fund for its sub-center
娱乐英语资讯:2019 Namibia Annual Music Awards launched
国际英语资讯:4 killed in clashes with Israeli soldiers in eastern Gaza: medics
研究:又高又瘦的女性更长寿
| 不限 |
| 英语教案 |
| 英语课件 |
| 英语试题 |
| 不限 |
| 不限 |
| 上册 |
| 下册 |
| 不限 |