World Bank Group
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Worldwide Corporate Control of Agriculture...moralise and discipline these land grab deals, so that they actually serve local communities, without scaring investors off. The World Bank even wants to create a global certification scheme and audit bureau for what could become "sustainable... In this article: Ownership, Climate change, Saudi Arabia, China, Maize, Inflation, Lithium, Sugar, The World Bank, and South Korea |
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SPIEGEL ONLINE - International | 3 days ago
The Sisyphus from Nairobi: How the UN's Climate Czar Wants to Save the World
...aircraft en masse and before long the city was besieged with black limousines, flashing blue lights and motorcycle escorts. The World Bank and the International Monetary Fund (IMF) held their annual meeting IN this city on the Bosporus...
In this article: UNEP, UN, Nairobi, Copenhagen, Kofi Annan, The World Bank, International Monetary Fund, World Health Organization, and Istanbul
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America.gov | 3 days ago
Economic Recovery Depends on Rebalancing Global Demand
...up significantly, but we must do so in a way that is efficient and leverages U.S. investments in the arena of climate," Geithner said. "The World Bank will specifically have a central role in contributing to financing the transition to a green...
In this article: Timothy Geithner, United States, London, Washington, Pittsburgh, Poverty, Derivative, Recession, Climate change, and The World Bank
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washingtonpost.com | 4 days ago
Much work needed for 2010 Doha deal: WTO's Lamy
...developing countries to increase their trade by removing red tape, reducing bribery and corruption, and improving infrastructure. The World Bank has estimated that cutting costs by 50 percent to increase efficiency at ports and airports...
In this article: World Trade Organization, Doha, Geneva, Doha round, The World Bank, United States, China, and Reuters
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Independent.co.uk - World | 6 days ago
Conservationists do 'deal with the devil' to save orang-utans
...only a handful of the apes and in the long term they would die out because the gene pool is too small to be biologically viable. The World Bank has stopped lending money to the palm-oil industry amid concerns about the impacts of...
In this article: Borneo, Orangutan, Sumatra, London, Deforestation, World Land Trust, and The World Bank
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washingtonpost.com | 6 days ago
Grant providers answer call to action
...program last fall to help safety-net programs. More than $3.2 million has been contributed, and the program is seeking $2 million more. The World Bank Group increased its match of employee donations from 50 percent to two for one. Last year,...
In this article: Montgomery County, Maryland, and Virginia
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South Bend Tribune | November 13, 2009
Move on corruption cheers impoverished
...day. Ngozi Okonjo-Iweala, the first woman to be the finance and the foreign minister of Nigeria, is a managing director of the World Bank Group, five international organizations that make leveraged loans to poor and emerging countries.
In this article: Alberto Fujimori, Ngozi Okonjo-Iweala, Jean-Claude "Baby Doc" Duvalier, Hiv/aids, Malaria, Transparency International, and Nigeria
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Kansas City Star | November 12, 2009
World Bank president: inflation a risk to recovery
...economies must handle their monetary and currency policies carefully to avoid unleashing a wave of potentially destabilizing inflation, World Bank President Robert Zoellick said Friday. </p><p>The U.S. and European economies, which are...
In this article: Robert Zoellick, Inflation, Asia-Pacific Economic Cooperation, Federal Reserve, Singapore, World Bank, World Bank, U.S., China, and Asia
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Reuters | November 07, 2009
Corruption costs poorer states up to $40 billion a year
"Now increasingly, we find that emerging market countries (and) financial centers are also harbors for this money." The World Bank official said the pledge by the Group of 20 nations (G20), meeting this weekend in Scotland, to help...
In this article: Ngozi Okonjo-Iweala, The World Bank, UN, World Bank, Scotland, United Kingdom, and Switzerland
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The Australian | November 02, 2009
World Bank Doubles Financial Commitment to Samoa
...to the recent devastating tsunami. The announcement was made by Mr. Daboub during a visit to Samoa for the opening of the joint World Bank Group and Asian Development Bank liaison office in Apia. The Managing Director is the most...
In this article: Samoa, Juan Jose Daboub, Climate change, Apia, United Nations, Democracy, Minister of Finance, and Development Assistance Committee
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Reuters | October 21, 2009
Panel urges changes to World Bank top structures
...the United States and Europe "offering many member countries too little voice and too few opportunities for participation." "We see the World Bank Group maintaining its central role in the global financial architecture, but, like you, believe...
In this article: Ernesto Zedillo, Robert Zoellick, People's Bank of China, Zhou Xiaochuan, International Monetary Fund, and Goldman Sachs
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More on World Bank Group
Description from Wikipedia:
The World Bank Group (WBG) is a family of five international organizations that makes leveraged loans, generally to poor countries. The Bank came into formal existence on 27 December 1945 following international ratification of the Bretton Woods agreements, which emerged from the United Nations Monetary and Financial Conference (1 July – 22 July 1944). It also provided the foundation of the Osiander-Committee in 1951, responsible for the preparation and evaluation of the World Development Report. Commencing operations on 25 June 1946, it approved its first loan on 9 May 1947 ($250M to France for postwar reconstruction, in real terms the largest loan issued by the Bank to date). Its five agencies are:
* International Bank for Reconstruction and Development (IBRD)
* International Development Association (IDA)
* International Finance Corporation (IFC)
* Multilateral Investment Guarantee Agency (MIGA)
* International Centre for Settlement of Investment Disputes (ICSID)
The term "World Bank" generally refers to the IBRD and IDA, whereas the World Bank Group is used to refer to the institutions collectively.
The activities of the IFC and MIGA include investment in the private sector and providing insurance respectively.
The World Bank Institute is the capacity development branch of the World Bank, providing learning and other capacity-building programs to member countries. Two countries, Venezuela and Ecuador, have recently withdrawn from the World Bank.
- Name:
- World Bank
- Type:
- International organization
- Founding Date:
- December 27, 1945
- Head:
- Robert B. Zoellick
- Members:
- 185 countries
- Size:
- 200px
- Status:
- Treaty
- Website:
- http://www.worldbankgroup.org/
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