6.1 Role of the World Bank in Poverty Reduction

The Bank's poverty-mission (the mandate's evolution): the reconstruction's origin (the Bretton-Woods 1944) → the poverty's explicit (the 1970s' McNamara-turn (the basic-needs era)) → the Washington-consensus's 1980s (the adjustment's decade (the critique's rise)) → the poverty's re-centering (the 1990s-and-after (the PRSP-line (the country-ownership's turn)); the twin-goals (the 2013's frame (the extreme-poverty's end-by-2030 + the shared-prosperity (the bottom-40's growth))). The instruments: the IDA's soft-window (the grants-and-credits (the poorest's access (the Nepal's IDA-history))); the IBRD's loans; the DPOs (the development-policy-operations (the budget-support (the conditions' face (the LAW5608-U2.3's critique)))); the knowledge-bank's role (the reports-and-the-standards (the poverty-line's own custodianship (the $-line's definitional power))). The Nepal record: the decades' portfolio (the roads-and-the-power (the poverty's project-lending)); the PAF's co-financing era (the U2.2's face); the PforR-and-the-RBF's newer faces.