Results and Performance of the World Bank Group 2011 (original) (raw)

In seeking to help reduce poverty, the work of the World Bank Group (WBG) supports four core goals at the global and country levels: expanding economic opportunities, enhancing human development, mitigating socioeconomic and environmental risks, and improving governance and public sector effectiveness. In the first half of the 2000s, developing countries made advances in these areas, leading to a significant reduction in poverty. Historically high economic growth rates as well as improvements in key aspects of human development were realized. A series of global economic crises as well as natural disasters contributed to setbacks, and global climate change continued to threaten all progress.