World Bank Voices
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Submitted by Vic Mariano on
Putting growth in percentages and graphs has good visual, if not impressive, impact. Would not growth, if shared equitably, be better than high growth rates with concentration in a select few families which Fortune so love to keep track of? Would not corruption, security,hunger, malnutrition, morbidity, mortality, drop-out rates or ratings side-by-side with the growth rates better present the real situation? I am tempted to say that a development bank is an oxymoron given the type of report it produces for so many years. The 2008 financial crisis suggests how powerful banks are even if they create financial instruments of economic destruction. Not being an economist, I am open to be enlightened on the numbers and figures which do not appear to that significant, or meaningful, in fighting poverty.

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