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Managing Director of the World Bank; Assistant Administrator of the U.S. Agency for International Development (USAID) First interim World Bank Group president born outside United States First World Bank Group president born in Europe First World Bank Group president from Germany: 9 James Wolfensohn: June 1, 1995 – May 31, 2005 United States [a]
Alden Winship "Tom" Clausen [1] (February 17, 1923 – January 21, 2013) [2] was President of the World Bank from 1981 to 1986. He was also president and CEO of Bank of America in 1970 and again in 1986.
The relationship between leader/follower is ancient and is referenced throughout history. [8] Examples of leader/follower partnerships are present in the great literatures and wisdom traditions of China such as the I Ching (1000-750 BC), India, and the aboriginal myths of Africa, Australia and the Native Peoples of North and South America. [8]
The World Bank was created at the 1944 Bretton Woods Conference, along with the International Monetary Fund (IMF). The president of the World Bank is traditionally an American. [12] The World Bank and the IMF are both based in Washington, D.C., and work closely with each other.
Robert Bruce Zoellick (/ ˈ z ɛ l ɪ k /; German:; born July 25, 1953) [1] is an American public official and lawyer who was the 11th president of the World Bank Group, a position he held from July 1, 2007 to June 30, 2012. [2]
The World Bank has regularly failed to live up to its own policies for protecting people harmed by projects it finances. The World Bank and its private-sector lending arm, the International Finance Corp., have financed governments and companies accused of human rights violations such as rape, murder and torture.
"Mallaby gives us a sophisticated, evenhanded take on the bank's last decade of development efforts." [3]"Mallaby, a Washington Post editorial writer, provides a sympathetic yet critical assessment of the World Bank under Wolfensohn's leadership, crediting him for bringing the bank much closer to its developing-country clients but faulting him for trying to take on too wide a scope of activity ...
The World Bank has admitted “shortcomings” in its protections for people displaced by projects the bank supports. It says it is working to improve its policies and how it enforces them. The bank also says protecting people in the way of big projects is a “cornerstone” of its efforts to “end extreme poverty and promote shared ...