What are the two approaches used by the world bank in assessing the impact of programs and application for development loans?

Answer 1

Despite their lofty proclaimations about reducing poverty,the purpose of world bank "loans" are twofold- to place that country into perpetual debt,and to give corporations access to resources. The loans end up in the pockets of corrupt leaders. They are always given under two conditions- Cut wages and spending on social services,(on an already impoverished population) and privatise essensial services like water and electricity.This is what they call "strutural adjustment programs", and history shows that it always harms the majority, enriches a small clique, degrades the environment and promotes social unrest. While Chile suffered this way under the murderous Pinochet, the world bank called it an "economic miracle", and Indonesia under Suharto was praised for its "political stability", a codename that means "freedom for corporations to do whatever they like" In Bolivia, Bechtel corporation,under the instructions of the IMF and the world bank, privatised the water supply and demanded 25% of their megre income for the privelige. They took it a step further, and unbelieveably, they outlawed the collecting of rainwater. The country exploded into riots, and Bechtel packed up and left.(good riddence) The world bank and the IMF were formed after WW2 for the right reasons, to redistribute money and help war torn countries re-build their infrastructures and economies. During the post-war period they have morphed into a committee of multinational corporations whose only agenda is profit.