World Bank Challenged: Are the Poor Really Helped?

Article Abstract:

In response to lack of evidence that its $55 billion spent annually to help the world's poor actually makes any difference, the World Bank is starting to listen to development economists like those at the Massachusetts Institute of Technology's Poverty Action Lab, who advocate rigorous, randomized evaluations, much like clinical trials, and comparison of outcomes. At present, only 2 percent of the World Bank's projects have been properly evaluated to assess their impact. The bank is currently planning large-scale impact evaluations and randomized trials of its aid and development programs.

Administration of General Economic Programs, Science & research, Management dynamics, Foreign Economic & Financial Assistance, World Bank, Research, Management, Evaluation, Measurement, Economic assistance, Foreign economic assistance, Company business management

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Will the G-8 summit at Gleneagles ultimately help Africa?

Article Abstract:

Stephen C. Smith, professor of economics and international affairs at George Washington University and George B. N. Ayittey, a distinguished economist at American University and President of Free Africa Foundation argue on whether G-8 summit at Gleneagles would help Africa. Smith, in favor of G-8 feels, that in Africa improvements in educational, community capabilities and technology are boosting the capacities of community and non-governmental organizations.

Africa, Conferences, meetings and seminars, Group of 8

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New Boomtowns Change Path of China's Growth

Article Abstract:

Chinese cities are optimistically constructing industrial complexes in the hope that tenants will follow and bring prosperity.

China, Strategy & planning, Planning, Real estate development, Company business planning

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