The World Bank The World Bank is unlike any other bank in the world. There is no depositing or withdrawing of money from any type of checking/savings account. This is because the World Bank is actually an international development organization owned by its more than one hundred and eighty member countries. The World Bank was developed to lend money to the governments of its poorer members, commonly known as “ developing ” countries, and also to governments whose economies are in transition. The loans the bank makes helps increase economic productivity and to improve the standard of living of people in these countries. The World Bank was established in 1944 with it’s official name being the International Bank for Reconstruction and Development. When its operations began in 1946 it had thirty-eig....

Number Of Pages: 3

Number Of Words: 735

Got a term paper due soon and need some help quick? You have come to the right place. Essay Galaxy has over 50,000 essays, papers, and reports available for download right now! Get ideas from thousands students just like you to help make that essay perfect. Don't hesitate. Join today and get instant access to our enormous database.

Membership Options Price Savings   1 month subscription    $19.95 recurring * 3 months subscription    $39.95 recurring $19.90 6 months subscription    $69.95 non-recurring $49.75