History, asked by sudhanvalm3386, 11 months ago

What did the world bank proposed in 1970s

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Answered by sriramarunan
5

In the 1970s, the Bank shifted its attention to poverty eradication. Development projects reflected people-oriented objectives rather than exclusively the construction of material structures. Projects related to food production, rural and urban development, and population, health and nutrition were designed to reach the poor directly. Bank operations also expanded to identify and encourage policies, strategies, and institutions that helped countries succeed. The Bank initiated sectoral and structural adjustment loans deemed necessary for the success of its projects.

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