The Strengths and Weaknesses of the World Bank as an Agent of Essay

The Strengths and Weaknesses of the World Bank as an Agent of Development - Essay ExampleThe activities of the World Bank emphasize more on its role towards the developing nations, ones which are doing their best to catch on to the bandwagon of the developed nations. The fields that the World Bank focuses upon in these developed nations include pitying development which can take into concern the subjects related to education and health. The main purpose of World Banks creation was to facilitate the activities in the direct contrast of the postwar reconstruction. The earliest of loans were thus dedicated in all essence towards the causes of Japan and European nations. The tilt of the World Bank, in the beginning, was thus more on giving away its funding to the nations which were in the middle of some turbulent times. This did not differentiate on the basis of countrys economic dependance and the respective amounts that it could deliver back to the World Bank in case of economic up heaval. Rather the weight was more on the aspects that were linked with the economic resources scarceness within the especial(a) country. One of the issues that the World Bank has been persistently focusing its concentration upon is the fact related to the issues that come in line with the endangerment of a particular countrys livelihood. These include the different support programs with respect to HIV and AIDS to name a few. There is particular accent towards the matters related with the drop-off of risks in line with the different projects by means of a better system of appraisal as well as different mechanisms are in place to supervise the projects in a better manner. Thus there is a multidimensional approach towards the overall development process. This overall development is in the form of different legal reforms, programs dedicated wholeheartedly towards education and the uplift through short-term activities in the same field, environmental safety programs and concerns incl uding the awareness measures and events.