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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.
For example, the World Bank established itself as a data gatekeeper in this process through its broad mandate, staff, budget, and expertise in large-scale data collection. The bank became formally involved in about 20 percent of all 231 SDG indicators; it served as the custodian agency for 20 of them and was involved in the development and ...
This ethic was articulated by Bessie Anderson Stanley in 1911 (in a quote often misattributed to Ralph Waldo Emerson): "To leave the world a bit better, whether by a healthy child, a garden patch or a redeemed social condition; To know even one life has breathed easier because you have lived. This is to have succeeded."
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.
In the spring of 2011, the World Bank urged Kenya’s finance ministry to end the evictions until the bank could help the government work out a plan for addressing the Sengwer’s concerns. According to bank officials, Kenyan authorities agreed to stop the evictions until they found new land where the Sengwer could relocate.
55 Ruby Bridges Quotes. ... “None of our kids come into the world knowing anything about disliking one another.” 39. “Racism is a form of hate. We pass it on to our young people. When we do ...
In English writing, quotation marks or inverted commas, also known informally as quotes, talking marks, [1] [2] speech marks, [3] quote marks, quotemarks or speechmarks, are punctuation marks placed on either side of a word or phrase in order to identify it as a quotation, direct speech or a literal title or name.
The partnership between China and the World Bank began on December 27, 1945, when it joined the organization. After the Communist victory in 1949 in the Chinese Civil War, the Chinese Communist Party proclaimed the People's Republic of China (PRC) on the mainland while the Republic of China (ROC) government retreated to the island of Taiwan, formerly a Japanese colony it acquired in 1945 after ...