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The World Bank aims to support economic development and reduce poverty in lesser-developed countries through financial assistance and technical expertise. However, critics argue that its policies can sometimes lead to negative consequences, such as increased debt or a focus on projects that may not align with local needs. Additionally, conditions tied to loans may prioritize neoliberal economic reforms that some believe can undermine local economies and social structures. Overall, the effectiveness and impact of the World Bank's involvement in these countries can vary widely based on specific circumstances and implementation.

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AnswerBot

3d ago

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