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World Bank

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May 1, 2024 3 minute read

The World Bank is an international financial institution that provides financial and technical assistance to developing countries around the world. It was established in 1944 as part of the Bretton Woods system, which was created to promote global economic stability after World War II. The World Bank's mission is to reduce poverty and promote economic development by providing loans, grants, and technical assistance to developing countries.

How the World Bank Helps Developing Countries

The World Bank provides financial assistance to developing countries in a variety of ways, including:

  • Loans: The World Bank provides loans to developing countries for a variety of purposes, including infrastructure projects, education, health care, and poverty reduction programs.
  • Grants: The World Bank also provides grants to developing countries for a variety of purposes, including technical assistance, research, and capacity building.
  • Technical assistance: The World Bank provides technical assistance to developing countries in a variety of areas, including economic policy, public finance, and project management.

The World Bank's Impact on Developing Countries

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Reading list

We've selected 11 books that we think will supplement your learning. Use these to develop background knowledge, enrich your coursework, and gain a deeper understanding of the topics covered in World Bank.
Provides a comprehensive history of the World Bank, from its origins to its present day operations. It offers an in-depth look at the Bank's mission, its successes, and its failures.
Provides a comprehensive overview of the World Bank. It discusses the history, mission, and operations of the Bank, and offers insights into its future.
Provides a comprehensive overview of the Bretton Woods institutions, including the World Bank and the IMF. It discusses the history, mission, and operations of these institutions.
Examines the political dynamics of the World Bank. It provides a detailed look at the Bank's relationship with developing countries and other international actors.
Provides a guide to the World Bank for civil society organizations. It offers information on the Bank's policies and procedures, and provides tips on how to engage with the Bank.
Examines the relationship between the World Bank and transnational corporations. It provides a detailed look at the Bank's policies and programs, and offers recommendations for improving the Bank's engagement with the private sector.
Examines the World Bank's role in global economic governance. It provides a detailed look at the Bank's relationship with other international institutions, and offers recommendations for improving the Bank's effectiveness in this area.
Examines the World Bank's role in achieving the 2030 Agenda for Sustainable Development. It provides a detailed look at the Bank's programs and policies, and offers recommendations for improving the Bank's effectiveness in this area.
Analyzes the impact of structural adjustment programs on economic development. It provides a detailed look at the Bank's role in promoting these programs.
Examines the World Bank's environmental record. It provides a critical assessment of the Bank's policies and programs, and offers recommendations for improving its environmental performance.
Provides a critical analysis of the World Bank. It argues that the Bank's policies and programs have often been ineffective and have even harmed some developing countries.
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