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Discuss Why the World Bank Has Been Criticized for Making

question 175

Essay

Discuss why the World Bank has been criticized for making loans to nations that can attract private funds.


Definitions:

Decision Making

The process of making choices by identifying a decision, gathering information, and assessing alternative resolutions.

Kahneman and Tversky

Two psychologists known for their work on the psychology of judgment and decision-making, as well as behavioral economics.

Sure Thing

A situation or outcome that is guaranteed or certain.

Risky Gamble

Making a decision that involves a high risk of loss or failure, typically in hope of achieving significant reward or gain.

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