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What (who) is World Bank - definition
World Bank
The World Bank is an integrated group of international institutions which provides financial and technical assistance to developing countries. The World Bank includes the International Bank for Reconstruction and Development and the International Development Association. World Bank affiliates, legally and financially separate, include the International Center for Settlement of Investment Disputes, the International Finance Corporation, and the Multilateral Investment Guarantee Agency. World Bank headquarters are in Washington, D.C.
2012 World Bank Group presidential election
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An indirect presidential election was held on 16 April 2012 to choose a new president of the World Bank Group to replace Robert Zoellick, whose term expired in June. Although the organisation has always had presidents from, and nominated by, the United States, this election featured the nomination of two non-United States candidates for the first time, originating, respectively, from Nigeria and Colombia.
Japan and World Bank
Japan joined the World Bank Group in August 1952. Loans that were taken out by Japan focused on improving infrastructure, having electrical power generation, improving water, establishing basic industry development and improving transportation.
Examples of use of World Bank
1. McKechnie, World Bank Country Director for Afghanistan.
2. Former World Bank economist John Williamson agrees.
3. Status of World Bank support Since April 2002, the World Bank has committed over US$1.6' billion for 41 reconstruction projects.
4. "The World Bank report should definitely be released because the World Bank investigated in the interest of the public," Borello said.
5. We see World Bank President Paul Wolfowitz, but we do not his see his girlfriend, Shaha Riza, the World Bank worker for whom Wolfowitz gallantly arranged a raise.