Which of the following is an issue on which the World Bank has been criticized?
A)The shifting of the World Bank from being an international welfare organization to a "lender of last resort."
B)The bank's lending policies which often reward macroeconomic inefficiency in the underdeveloped world.
C)The attempt of the bank to focus on local initiatives rather than large projects.
D)It entertains too many alternative perspectives on development,which jeopardizes its main objectives.
E)It has allowed itself to be dominated and controlled by developing nations.

Question

Quizplus · Accepted Answer

The World Bank has been criticized for its lending policies, which some argue reward macroeconomic inefficiency in underdeveloped countries. Critics argue that the Bank's focus on loan repayment often comes at the expense of genuine development efforts in these countries.

Which of the Following Is an Issue on Which the World