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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 ...
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.
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.
Woods was first called to the World Bank by Eugene Black, the World Bank's president from 1949 to 1962, who was an old associate and friend from Harris, Forbes. [1] While at the World Bank, Black had asked him to help out on special assignments for the bank. [1] [3] [4] Woods had thereby become familiar with the workings of the World Bank. [1]
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.
In 1917 he moved his garment factory to Chicago, Illinois. In 1907 he organized the Lincoln Ohio Industrial Training School for Colored Youth. After the Red Summer of 1919 and growing bank movement within the African American community, [ 4 ] Chavers founded the first nationally chartered Black bank, the Douglass National Bank that received its ...
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]
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