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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]
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]
Zoellick is the author of the 2020 book, America in the World: A History of U.S. Diplomacy and Foreign Policy, which asserts that since the country's founding, U.S. foreign policy has been defined by five traditions: the continent of North America; trade, transnationalism and technology; alliances and order; public and congressional support ...
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.
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.
Leader Country In office Ref African Development Bank: President: Donald Kaberuka: Rwanda: 2005–2015 [110] Asian Development Bank: President: Haruhiko Kuroda: Japan: 2005–2013 [111] European Bank for Reconstruction and Development: President: Jean Lemierre: France: 2000-2008 [112] Inter-American Development Bank (IADB) President: Luis ...
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.
On April 16, 2012, the World Bank officially elected Kim president. [42] He was the first Bank leader whose professional background is not in the political or financial sectors, and the first to have previous experience personally tackling health issues in developing countries. [43]