Middle-Income Countries Value Continued World Bank Support September 6, 2007
Middle-income countries (MICs) form a diverse group of considerable global importance, and they are home to one-third of the world's poor. The World Bank has lent $163 billion to MICs since 1995-nearly two-thirds of its total lending to all developing countries-and allocates about half of its administrative budget to work with this group. This evaluation of the Bank's programs concludes that its support in fostering growth and reducing poverty has been appreciated by MICs and has made a contribution to their considerable success in these major areas, but the Bank must become more effective on issues where its work has not yielded pronounced advancements, notably dealing with inequality, combating corruption, and protecting the environment.
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