Optimism about the prospects of significant change at the World Bankcould fall after leaked strategy documents (here and here, pdfs) revealed what critics have called an "unambitious" and "business-as-usual" approach to development, prioritising economic growth over pressing social issues such as rising inequality.
The documents, outlining "A common vision for the World Bank Group," are due to be discussed by executive directors on Thursday. They introduce two new goals to guide the bank's development work: reducing the percentage of people living in extreme poverty to 3% globally by 2030, and promoting "shared prosperity" by monitoring the income growth of the bottom 40% in every country.
http://www.guardian.co.uk/global-development/2013/mar/21/world-bank-vision-poverty-unambitious
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