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Website. worldbank.org. The World Bank Group (WBG) is a family of five international organizations that make leveraged loans to developing countries. It is the largest and best-known development bank in the world and an observer at the United Nations Development Group. [7] The bank is headquartered in Washington, D.C., in the United States.
The World Bank is an international financial institution that provides loans and grants to the governments of low- and middle-income countries for the purpose of pursuing capital projects. [ 5 ] The World Bank is the collective name for the International Bank for Reconstruction and Development (IBRD) and International Development Association ...
Ajay Banga. since June 2, 2023. Term length. Five years, renewable. Website. president.worldbankgroup.org. The president of the World Bank Group is the head of World Bank Group. The president is responsible for chairing the meetings of the boards of directors and for overall management of the World Bank Group.
Berg report. The Berg report is the name most commonly used for the World Bank -published report "Accelerated Development in Sub-Saharan Africa: A Plan for Action," written by Elliot Berg in 1981. The report was written in response to a 1979 request from the African Governors of the World Bank for a paper analyzing the development problems ...
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 ...
Victoria Kwakwa is a Ghanaian economist who currenttly serves as the Vice President of the World Bank for Eastern and Southern Africa. She previously served as the Vice President of the World Bank for Corporate Strategic Initiatives from September 2021 to 01 July 2022. [ 1 ][ 2 ] She also served as Vice President at the World Bank for East Asia ...
The World Bank Group 's involvement in Indonesia has developed over the past sixty years to become one of the Group's most significant operations, including lending, knowledge services, and implementation support. Since 2004, World Bank assistance has evolved into a more collaborative system of support for a policy agenda with significant ...
David Robert Malpass (born March 8, 1956 [1]) is an American economic analyst and former government official who served as President of the World Bank Group from 2019 to 2023. Malpass previously served as Under Secretary of the Treasury for International Affairs under Donald Trump, Deputy Assistant Treasury Secretary under Ronald Reagan, and ...