Banking on Poverty in Latin America: Assessing the World Bank's “War on Poverty”

Abstract

The World Bank has been providing policy leadership and funding in its fight against poverty in Latin America for over three decades. This “war on poverty” and its periodic reformulations are critically assessed in light of available evidence. The authors conclude that whatever its stated intentions, the World Bank and its doctrines are part of Latin America's poverty problem, and not part of its solution.

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