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The Open Knowledge Repository is the official open-access repository of the World Bank and features research content about development. [1] It was launched in 2012, [1] alongside the World Bank's Open Access Policy and its adoption of the Creative Commons Attribution (CC BY) license for all research and knowledge products that it publishes, which collectively made the World Bank the first ...
The relationship between Ethiopia and the World Bank was formalized on December 27, 1945. [1] Ethiopia's first projects approved by the World Bank supported the building of infrastructure such as roads and highways during the 1950s. Ethiopia first sought a loan for "Highway Project (01)", which was approved on September 13, 1950.
This page was last edited on 26 February 2025, at 20:19 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
The World Bank has long made Ethiopia a top priority, funneling loans to its government to help the East African nation of some 90 million people move past its legacy of poverty and famine. In 2005, the bank cut off funding for Ethiopia after the country’s authoritarian leaders massacred scores of people and arrested some 20,000 political ...
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.
[15] [16] The World Bank concludes that increasing land rights is 'the key to reducing poverty' citing that land rights greatly increase poor people's wealth, in some cases doubling it. [17] It is estimated that state recognition of the property of the poor would give them assets worth 40 times all the foreign aid since 1945. [ 15 ]
There are several sectors in Ethiopia where businesses are particularly vulnerable to corruption.Land distribution and administration is a sector where corruption is institutionalized, and facilitation payments as well as bribes are often demanded from businesses when they deal with land-related issues.
The World Bank also supports development of food security in Ethiopia. In 2010 World Bank approved a plan to devote $150 million to the Ethiopian government ($108.4 million of which as credit and $41.6 million as a grant) "to support increased agricultural productivity, enhanced market access for key crop and livestock products, and improved ...