According to the World Bank, the augmentation of the HIPC initiative in Africa is a confirmation of the effectiveness of neoliberalism.

Question

Quizplus · Accepted Answer

The statement is false. The augmentation of the HIPC initiative in Africa does not necessarily confirm the effectiveness of neoliberalism. HIPC is a debt relief program aimed at reducing the debt burden of heavily indebted poor countries, and its effectiveness depends on various factors such as the implementation of sound economic policies and good governance.

According to the World Bank, the Augmentation of the HIPC