The World Bank favours this form of development with an emphasis on trickle-down effect.

Question

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The World Bank has historically favored growth-oriented development, which emphasizes the importance of economic growth as a means of reducing poverty and improving living standards. This approach is often criticized for prioritizing the trickle-down effect, which assumes that economic gains will eventually benefit all members of society.

The World Bank Favours This Form of Development with an Emphasis