What Does The World Bank Actually Do?
What Is The International Monetary Fund (IMF)? https://www.youtube.com/watch?v=MhrC2_Hak08 Subscribe! http://bitly.com/1iLOHml After World War II, the World Bank was founded to reconstruct...
==========
With thousands of employees and 189 member countries, the World Bank is one of the most powerful institutions in the world—funneling billions of dollars every year into ending global poverty. But as the World Bank has grown larger, it has also become more dysfunctional. High-budget projects with little oversight have reportedly led to corruption, cover-ups and severe unintended consequences. So what exactly is the World Bank and how did it get so powerful? Well, the World Bank, like many other international organizations, was created in the aftermath of World War Two. In 1944, as the war was coming to an end, Allied nations including the United States and the United Kingdom created the International Bank for Reconstruction and Development, or IBRD, to reb...
==========
With thousands of employees and 189 member countries, the World Bank is one of the most powerful institutions in the world—funneling billions of dollars every year into ending global poverty. But as the World Bank has grown larger, it has also become more dysfunctional. High-budget projects with little oversight have reportedly led to corruption, cover-ups and severe unintended consequences. So what exactly is the World Bank and how did it get so powerful? Well, the World Bank, like many other international organizations, was created in the aftermath of World War Two. In 1944, as the war was coming to an end, Allied nations including the United States and the United Kingdom created the International Bank for Reconstruction and Development, or IBRD, to reb...
