What were the key roles played by the World Bank in the Velvet Revolution?

History The Velvet Revolution Questions



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What were the key roles played by the World Bank in the Velvet Revolution?

The World Bank did not play any key roles in the Velvet Revolution. The Velvet Revolution was a non-violent revolution that took place in Czechoslovakia in 1989, leading to the end of communist rule in the country. The World Bank is an international financial institution that provides loans and grants to the governments of poorer countries for the purpose of pursuing capital projects. Its involvement in the Velvet Revolution was minimal or non-existent.