World bank Flashcards
1
Q
role in globalisation
A
Lends money on a global scale
Gives direct grants to developing countries
tries to end extreme poverty 1.25 a day
2
Q
evaluation of role
howmuch have they loaned
what are the stiplations on loans
presidents of global banks?
A
Distributed US$65 billion in loans and grants
Imposes strict conditions on loans and grants
Controversially, all World Bank presidents have been US citizens
3
Q
postives of world bank
November 2012 – The World Bank Board of Directors approved a loan of how much to which country
A
a US$500 million loan for Tunisa to accelrate economic recovery
