The World Bank

Global governance institutions, from the International Monetary Fund to the World Trade Organization, are little loved. They are often perceived as bastions of sclerotic mediocrity at best and outright corruption at worst. In the wake of the 2008 financial crash, Daniel W. Drezner, like so many others, observed the smoking ruins of the global economy and wondered the extent to which global governance institutions have affected the post-recession, international system.

Different organizations are formed worldwide but it is mostly their mandates that categorically define the role they play. Among the most recognized, organizations that follow under the control of United Nations get an upper hand and it’s particularly made possible by the powers and control these organizations possess. This article attempts to compare and contrast the United Nations Security Council with the World Bank drawing conclusions from their mandate, style of functioning, governance and organizational culture among the key elements considered. Although they have an international outlook, there are various features within the organizations that depict them as different while others reveal elements that they share and value in common.

They are blindly supportive and accepting of those faiths and morals. The emerging adults of today are more likely to come from a broken home, less likely to believe that human nature is good, more likely to distrust people and institutions, less likely to read the newspaper, more likely to expect a world war, more liberal in their beliefs about sex and divorce, and more likely to be identified as non-religious compared to their older counterparts (Arnett, 2004). Emerging adults now consider what they believe is acceptable to them along with the willingness to fight for. Many believe that at this stage that the brain is fully developed but that's not completely true. The brain is still is some of its most critical developing as it reaches its adul forms. While brain structures continue to develop during emerging adulthood, the cognition of emerging adults is an area that receives the majority of attention. Arnett explains, "Emerging adulthood is a critical stage for the emergence of complex forms of thinking required in complex societies." (Arnett,

My work experience as a World Bank employee in 2014 solidified my interest in developing a career with the bank. I worked with three senior economists in the Development Economics Research Group on a research paper about the effect of long-term financing on economic growth for the Global Financial Development Report 2015. My stay with the World Bank was truly exciting for me because I learnt first-hand how the bank’s culture and operations, as well as

“Just as a physical embryo needs its mother’s womb in which to grow, so the spiritual embryo needs to be protected by an external environment that is warm with love and rich in nourishment. When this is finally realized, adults will change their attitude toward children, for the image of a child as a spiritual being becoming incarnate not only stirs us but imposes upon us new responsibility.”

Human security, according to the United Nations Trust Fund for Human Security, is a dynamic policy that sets up a framework for addressing widespread and intersecting threats that the government and people face every day. The policies provide a feeling of safety or freedom from threats to human life and dignity. These threats include food, health, environmental, economic, personal, community, and political securities. Human security also brings together the more “human elements” of security, such as rights and development. Traditional security highlights the concept that the government must protect the state and its citizens from external threats. Traditional security focuses on the protection of the integrity of the state, while human security focuses on the protection of the integrity of the individual. The U.S. should conceptualize human security when considering its security goals, as a nation cannot be secure if the people do not feel secure (Yeni-Komshian 2012).

Angry protesting, political upset, governments falling, privatization failing, and money lost are a few outcomes that influence the public opinion on the World Bank, and its involvement in many underdeveloped countries. While the World Bank claims that reducing poverty across the globe is its foremost priority, many opponents believe that it is responsible for increasing poverty. The World Bank is a multifaceted organization that loans money to government around the world for development.

The main focus is on helping the poorest people and the poorest countries, but for all its clients the bank emphasizes the need for: Promoting reforms to create a stable macroeconomic environment, conducive to investment and long term planning. Equally important is whether developing countries are able to put into place the policies and structural reforms which can provide the basis for strong growth" (World, 1). These official statements from the World Bank help to better explain their mentality. Their capitalist discourse is apparent in their aim for a "stable macroeconomic environment". Every document that I read, which was well over fifty documents, published by the World Bank, contained an economic discourse, oftentimes capitalist, which also seemed to assert that the Bank undeniably knew what was right. They define "poor" as people with no money and thus they feel the need to help "develop" a "poor" nation with certain policies and structural reforms, which they believe, are fitting. They do this without realizing that indigenous people do not necessarily want paper money as a pseudo-simulator for happiness- they often use the land, what people want, to build infrastructures for economic growth under their plan of development that includes tourism. An example of such peoples are the Chipko tribe in the Doon Valley, who protested the destruction of their mountain

Since its opening loan of $250 million to France for post-war reconstruction in 1947, the World Bank has always declared its two primary goals as to “end extreme poverty within a generation and boost shared prosperity” (World Bank, 2014). The World Bank is first and foremost a bank - a business – whose primary interest is in making money, and in this profit-first business model the Bank imposes upon the sovereignty of foreign countries by forgoing its own policies by violating human rights, causing environmental degradation and implementing policies involving conditionality on to all loaned funds. Much of the Global

In my companion article on the making of the reliably religious boy (D. Capps, 2006c) I presented my argument that, whereas the younger boy of three to five is becoming religious as a result of his emotional separation from his mother, the early adolescent boy (age 11–14) has become reliably

United Nations Charter dictates the principles are to save future generations from war, reaffirm human rights, establish equal rights for all persons, promote justice, freedom, and social progress for the peoples of all of its 193 member states. (United Nations, 2016)

An examination of the record of IMF and World Bank performance in developing countries shows that, far from being the solution to global economic instability and poverty, these two international institutions are a major problem. For one thing, their lending practice deters growth because the money they loan removes incentives for governments to advance economic freedom, and breeds corruption. For these reasons, the vast majority of recipient countries have been unable to develop fully after depending on these institutions for over 40 years.

Each of the 193 Member States of the United Nations is a member of the General Assembly. States are admitted to membership in the UN by a decision of the General Assembly upon the recommendation of the Security Council.

The report, titled ‘How the World Bank breaks its promise to protect the poor’, says the

International organizations have been noted to be around since the mid- 19th century and such organizations do not operate for profit. An international organization is defined by the United Nations as an organization with an international membership, scope, or presence. The main objective of all the international organizations they say ,have usually been welfare and the improvement of member countries through cooperation.