World Bank
The World Bank is an international development institution providing loans, grants, and technical expertise to developing countries for infrastructure, education, health, and poverty reduction projects. It is dominated by developed nations and reflects their interests in global development.
Real World
The World Bank's Three Gorges Dam loan in China displaced 1.3 million people — often cited as evidence that large-scale infrastructure projects can prioritise economic growth over social and environmental wellbeing.
Exam Focus
Refer to specific World Bank structural adjustment conditions when answering questions on global governance — vague references lose marks.
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