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Eco. 362 (Online Discussion/Quiz 14-01-2022–Development in 1960s and 70s and World Bank Lending)

Tony Orji by Tony Orji
January 14, 2022
in Assignment And Quiz
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Between 1973 and 1980, the World Bank, led by Robert McNamara, became a significant actor in the push to address social welfare in developing countries. In his view, it was imperative (in light of the Cold War) for the World Bank to work with governments to eradicate absolute poverty in developing nations.  Although project lending aimed at the development of infrastructure, industry, and agriculture still continued, the programs initiated during the McNamara era were directly aimed at the eradication of absolute poverty. The World Bank lent large sums to facilitate rural development, urban development, and development of small-scale industry and other critical programmes that had direct impact on the populace. Discuss

 

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About Dr. Anthony Orji

Dr Anthony Orji

Senior Lecturer, Economics, UNN

Dr Anthony Orji is a Ph.D holder in Economics and a lecturer at the Department of Economics, University of Nigeria Nsukka.

He obtained his B.Sc, Msc and Ph.D Degrees from the University of Nigeria, Nsukka and a Post Graduate Diploma in Sustainable Local Economic Development (SLED) from Erasmus University, Rotterdam Netherlands.

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