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Episode 186: Nativism in Media (Part III) - IMF, NAFTA and Global Inequality By Design

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The World Bank's Failed Fight Against Poverty

Development initiatives of the World Bank were presented as humanitarian projects to reduce poverty./nThe World Bank under Robert McNamara aimed to accelerate economic growth and reduce poverty./nHowever, the World Bank's efforts actually exacerbated global poverty./nThe number of people living on $1 per day or less increased from 1987 to 2014./nFree market reforms imposed by the World Bank and IMF made things worse for some countries in the name of development.

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