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Bridging Troubled Waters : A World Bank Strategy

By The World Bank

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Book Id: WPLBN0000074096
Format Type: PDF eBook
File Size: 0.3 MB
Reproduction Date: 2005
Full Text

Title: Bridging Troubled Waters : A World Bank Strategy  
Author: The World Bank
Volume:
Language: English
Subject: Economics, Finance & business, World Bank.
Collections: Economics Publications Collection
Historic
Publication Date:
Publisher: The World Bank

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Bank, T. W. (n.d.). Bridging Troubled Waters : A World Bank Strategy. Retrieved from http://members.worldlibrary.net/


Description
Economics

Excerpt
The consensus that emerged from the Second World Water Forum, held at The Hague in March 2000, was that the annual investment required by 2025 to meet the world?s needs for water for irrigation, industry, water supply and sanitation, and environmental management will increase to $180 billion, from the current $70?80 billion. Such a massive change can be achieved only if developing countries are able to create an investment climate conducive to the private sector and to absorb these investments. Both tasks will require political stability and attention to governance and institutions?particularly property rights, rule of law, transparency, and participation. The Bank?s Water Strategy To inform development of the new World Bank Water Resources Sector Strategy, the Operations Evaluation Department (OED) undertook the evaluation of how effectively the Bank?s current strategy has been implemented. The comprehensive approach embodied in the 1993 Water Resources Management (the Strategy) evolved in response to growing unease within the Bank that water operations were failing to deliver sustainable development?water and water-related projects were among the poorer performers in the Bank portfolio? and growing international concern about the mismanagement of global water resources and poor service levels, particularly for the poor.

 

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