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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 ...
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Term Description Examples Autocracy: Autocracy is a system of government in which supreme power (social and political) is concentrated in the hands of one person or polity, whose decisions are subject to neither external legal restraints nor regularized mechanisms of popular control (except perhaps for the implicit threat of a coup d'état or mass insurrection).
An Autocracy is a state/government in which one person possesses "unlimited power". A Totalitarian state is "based on subordination of the individual to the state and strict control of all aspects of the life and productive capacity of the nation especially by coercive measures (such as censorship and terrorism)".
An essential part of the meeting was the discussion between the board and the World Bank on establishing the fund as a World Bank-hosted financial intermediary fund (FIF), specifically focusing on ensuring that the most vulnerable frontline communities can access the fund's resources directly.
Western democracies are in a race to compete with autocratic governments, U.S. President Joe Biden said on Sunday. "We're in a contest, not with China per se, ... with autocrats, autocratic ...
Most autocratic governments are overthrown by a coup, [24] and historically most have been succeeded by another autocratic government, though a trend toward democracy developed in 20th century Europe. [25] These new governments are commonly a different type of autocracy or a weaker variant of the same type. [26]
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.