Světová banka a vývoj jejích strategií v boji proti chudobě
The World Bank and Its Poverty Eradication Strategies

Summary/Abstract: Since the 1970s, the World Bank has had a new goal: poverty eradication. This essay evaluates the Bank according to this objective. Persisting poverty judges the organisation’s work negatively. The Bank’s many policies were often even contradictory over time, bringing strong criticisms, which its current policies reflect. These are the lessons of former failures in the Banks poverty reductions policies: The Bank’s strategies now concentrate on both the market and the state to promote “development”. The causes of underdelopment lie not only in bad governance, but also in states’ unfavourable economic positions. It is important to cooperate with the poor while trying to reduce poverty. “Development” is not only an issue of domestic economic reforms: political and social reforms are also important. The World Bank’s newest Poverty Reduction Strategy Papers (PRSPs) reflect these changes. They should achieve the ambitious Millennium goals, but time will be their judge.

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