Machine-translated by Google. Questions are authored in English.
Top

Discussion

What advice has the author given the World Bank?

  • A.Adopt a more practical ideology of structural adjustment.
  • B.Change its ideology to one encouraging both public and private sector investment in basic infrastructure.
  • C.Reduce the influence of the US and Britain in its functioning.
  • D.Support China’s involvement in developing Africa.

Answer: B

Correct answer: Change its ideology to one encouraging both public and private sector investment in basic infrastructure.

The passage says the Bank has wrongly seen such vital public investments as an enemy of private sector development, and that it can regain relevance by returning its focus to financing public investments in priority sectors. Its complaint is not that structural adjustment was impractical in execution but that treating the two kinds of investment as rivals is mistaken.

No comment is present. Be the first to comment.
Loading…

Post your comment

Please log in or register to post a comment.