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The World Bank hosts the Open Knowledge Repository as an official open access repository for its research outputs and knowledge products. [65] The World Bank's repository is listed in the Registry of Research Data Repositories re3data.org. [66] The World Bank also endorses the Principles for Digital Development. [67]
The World Bank Institute is the capacity development branch of the World Bank, providing learning and other capacity-building programs to member countries. The IBRD has 189 member governments, and the other institutions have between 153 and 184. [2] The institutions of the World Bank Group are all run by a board of governors meeting once a year ...
World Development Indicators (WDI) is the World Bank’s premier compilation of international statistics on global development.Drawing from officially recognized sources and including national, regional, and global estimates, the WDI provides access to approximately 1,600 indicators for 217 economies, with some time series extending back more than 50 years.
Between 2004 and 2013, the World Bank committed to lend or give at least $338 billion, according to bank data. Its private-lending affiliate, the International Finance Corporation, committed to invest at least $116 billion during the same period in corporations and other banks in pursuit of the overall goal of alleviating poverty.
The World Bank Group is the globe's most prestigious development lender, bankrolling hundreds of government projects each year in pursuit of its high-minded mission: to combat the scourge of poverty by backing new transit systems, power plants, dams and other projects it believes will help boost the fortunes of poor people.
This central statistical organisation does not produce every official statistic as other public sector organisations, like the national central bank or ministries in charge of agriculture, education or health, may be charged with producing and disseminating sector policy oriented statistical data.
In September 2021, the World Bank discontinued the Doing Business report following the release of an independent report detailing the specifics of the 2020 and 2018 irregularities, including detailed explanations of how senior leaders at the bank manipulated data and pressured experts to change rankings and methodology to improve scores for ...
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.