World Bank

“World Bank and Its Mission”

17

EBM 502-3D Research Methods

February 22, 2012

Table of Contents

Abstract………………………………………………………….3

Introduction……………………………………………………..4

World Bank and Its Section……………………………………4

The Complementary Institutions………………………………5

Conclusion……………………………………………………….11

Reference………………………………………………………...12

Abstract

The main role of the World Bank is to reduce poverty and to provide support to the poor countries by offering credit, policy information and technical assistance. As such, the countries receiving aid are learning new ways to function. This article review explains about the World Bank has how it works and its complimentary institutions which offers different aids to those countries. In the following research paper we focused on three concerning questions. First, what is the World Bank? Second, how many sections does it have? Third, how a country can join the World Bank?

Introduction

The World Bank Group (WBG) was established in 1944 to rebuild post-World War II Europe under the International Bank for Reconstruction and Development (IBRD). Nowadays, the World Bank functions as a global organization that fights poverty by offering developmental assistance to middle-income and low-income countries. By giving credits and offering advice and teaching in both the private and public sectors, the World Bank targets to reduce poverty by helping people help themselves. Under the World Bank Group, there are complimentary institutions that support in its goals to offer aid. In the present paper, the role plays the World Bank’s membership, and we also will focus on complimentary institutions. The following research paper challenges to validate and support theory.

World Bank and Its Sections

The World Bank is not a “bank” in the common sense. It is one of the United Nations’ specialized agencies, and is made up of 184 member countries. These countries are jointly responsible for how the institution is financed and how its...