Question

What are a few of the key problems that Ferguson identifies in the World Bank country profile of Lesotho?

a) Lack of infrastructure, political instability, economic inequality
b) Insufficient data, biased assessments, cultural insensitivity
c) Overemphasis on quantitative metrics, ignoring social factors, imposing Western models
d) Limited resources, environmental degradation, gender disparities

Answer 1

The World Bank profile of Lesotho likely underscores political instability, insufficient legal frameworks for economic growth, corruption, and factionalism as significant issues obstructing the combat against poverty and improvement of income levels.

Step-by-step explanation:

The World Bank country profile of Lesotho highlights several key issues affecting the nation, potentially including political instability, challenges in providing a legal framework for economic growth, and problems like corruption and factionalism that impact many low-income countries. While not explicitly stated in the provided materials regarding Ferguson's view on the matter, the provided context suggests concerns with insufficient market-oriented institutions, lack of domestic economic growth, political environment-related subsistence living standards, and the inability to attract foreign investment. These issues create hindrances in combatting poverty and raising income levels, which are targets outlined by the World Bank for 2030.