ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846
-A A +A
A Critique of World Development Report 2015

Bank and Poverty Reduction

A close reading of the World Bank's World Development Report 2015 shows that it works on the assumption that human beings generally think automatically, socially, and with mental models, and that future development policy, poverty alleviation, and even policy design need to be modified taking this into account. Poverty is a "cognitive tax" suffered because people are incapable of taking advantage of the opportunities that are open to them. The assumption that development experts improving the behaviour of the poor will reduce poverty, however, fails to confront the growing problem of unsustainable inequalities.

Subscribers please login to access full text of the article.

New 3 Month Subscription
to Digital Archives at

826for India

$50for overseas users

Get instant access to the complete EPW archives

Subscribe now


(-) Hide

EPW looks forward to your comments. Please note that comments are moderated as per our comments policy. They may take some time to appear. A comment, if suitable, may be selected for publication in the Letters pages of EPW.

Back to Top