Poverty Reduction and the World Bank: Progress in Fiscal 1996 and 1997

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The book addresses the ongoing challenge of poverty reduction in the developing world, highlighting that over 1 billion people live on less than $1 a day. It discusses the World Bank's efforts to promote equitable access to economic and social benefits, regardless of nationality, race, or gender. The report reviews the Bank's poverty reduction strategy, detailing progress made from 1996 to 1997, and offers recommendations for enhancing their initiatives. It also examines safety net programs as a key component of the poverty reduction strategy.