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The term "World Bank" generally refers to just the IBRD and IDA, whereas the term "World Bank Group" or "WBG" is used to refer to all five institutions collectively. [17] The World Bank Institute is the capacity development branch of the World Bank, providing learning and other capacity-building programs to member countries.
After retiring from the World Bank in 1996, he became an independent consultant and took on several assignments. He founded an independent consultancy named the Cresset Research Group (CRG). The CRG was actively engaged in advising international development institutions and countries in the creation of sustainable statistical systems.
The World Bank is an international financial institution that provides loans and grants to the governments of low-and middle ... With the term beginning 1 November ...
The World Bank Institute is the capacity building branch of the World Bank. It provides learning programs, policy advice and technical assistance to policy makers, government and non-government agencies, and development practitioners of developing countries .
Between 2004 and 2013, the World Bank committed to lend or give at least $338 billion, according to bank data. Its private-lending affiliate, the International Finance Corporation, committed to invest at least $116 billion during the same period in corporations and other banks in pursuit of the overall goal of alleviating poverty.
The chief economist of the World Bank (full title: Senior Vice President for Development Economics and Chief Economist of the World Bank Group) is the senior economist at the World Bank Group, tasked with providing intellectual leadership and direction to the bank's overall international development strategy and economic research agenda, at global, regional and country levels.
The payments that Lagos authorities offered for larger demolished structures, for example, were 31 percent lower than what the World Bank’s own consultants said they were worth. “It was like David and Goliath. There were these little people fighting against this giant,” Chapman said. The bank “really left vulnerable people on their own.”
"After consulting with five or six brokers, they told us the best option was to do 'temporary,' Airbnb-like contracts," he explains. That workaround brought its own headaches.