[单项选择]The World Bank is one of the major channels through which development aid is passed from the Industrial West to the poor and developing nations. In the last decade, important changes have taken place in the size of the Bank’s operations and in the emphasis of its lending policies. Few people would deny that the President of the Bank, Mr. Robert McNamara, has played a vital role in bringing about the changes.
What immediately strikes anyone looking at the lending figures over the last ten years is the tremendous expansion of the Bank’s loan program. This has increased from $1 billion to nearly $7 billion. The figure includes "hard loans" which are made at current rates of interest, and "soft loans" which are given to poor countries at concessionary (特许的) rates.
In deciding the emphasis of its lending policy, the Bank had to take into account the population explosion in poor countries. There is a strong and deeply-rooted tradition among people in these countries to have big fam
A. its major capital investments failed to gain profits
B. the huge dams, steel mills and other projects it financed cost far more money than expected
C. many of its major capital investments did little in bettering the conditions of the poor
D. the projects it financed failed to stimulate the local economy