Poverty and the World Bank free essay sample

A paper which studies the problem of poverty in the world and questions the World Banks policies to educate the poor. This paper examines the efficacy of the World Bank?s educational policies as perceived through various literature that has been devoted to the subject recently. It determines whether the World Bank is truly addressing the root of the problem of poverty by investing so many millions of dollars yearly on educating the poor. This paper utilizes, primarily, two articles that deal specifically with the efficacy of the World Banks education programs: The Impact of Education on Economic Growth by Francisco Rivera-Batiz and The World Banks Mission Creep by Jessica Einborn. In addition, the paper uses several New York Times articles that question the World Banks role in alleviating poverty. The result was apparent in India during the 1970s and early 1980s. India spent a large part of its government and private resources on educating its work force. We will write a custom essay sample on Poverty and the World Bank or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page The result was perhaps the most technologically literate and advanced workforce in the world at least among Indias middle-classes and upper-middle classes. But a huge number of these skilled laborers like doctors and engineers simply left the country en masse to America, Britain, the Middle East and Canada. India called the phenomenon the `Brain Drain,` but indeed, it drained Indias spirit as well.