The World Bank : Professional Organization Report Essay

WORLD BANK: governments play an important role in development, but there is no simple set of rules telling them what to do.

World Bank primarily loans money to countries that need short-term credit to shore-up their economies.

According to Robert Cox, global financial organizations give out loans to poor countries. What is the real goal of these financial policies?

~ Today the bank functions as an international organization that attempts to fight poverty by offering developmental assistance to middle and poor-income countries. By giving loans, and offering advice and training in both the private and public sectors, the World Bank aims to eliminate poverty by helping people

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.

poverty all over the world. The main purpose of this organization was to solve the

I would like to contribute to a community with my strong policy, research, planning, implementation, monitoring, and development skills through the different organizations and agencies. Exposure to World Bank work practice will be an invaluable experience, as I aim to work for a multilateral organization. I am interested in working with World Bank because of its goals, which emphasized on alleviating poverty, and promoting development throughout the developing countries. I was born and raised in poor family in Nepal, where I have faced various challenges for my personal development, education and health care. My personal experiences in poor nations and poor family background helped me to understand the real face of the people, who are living under the basic human

In the case of the proposal to fund Brazil with dams, irrigation, power, roads, and funds to develop crops the World Bank has those funds. As a representative of the World Bank, this proposal is currently not very wise and the impact it will have on the people of Brazil will not be a positive one, and that it will not yield a great return to the World Bank unless some adjustments to the proposal are made.

International Bank for Reconstruction and Development (IBRD): the World Bank. It aims to reduce poverty in middle income and creditworthy poorer countries by promoting sustainable development, through loans, guarantees, and non-lending-including analytical and advisory-services.(The Levin Institute, n.d.).

One of the purposes for the creation of the World Bank and the IMF was to ensure that financial markets throughout the world are stable, which would be beneficial to the global economy and possibly prevent a global economic depression. However, there are not always positive outcomes for local economies of the countries that are part of these International Financial Institutions (IFI). Haiti was one of these countries that was impacted by the guidelines set in place by these institutions.

International organization in international relations such as United Nation, The World Bank, The International Monetary Fund, and World Trade Organization are a group of people that help contribute to the world by preventing poverty, promote trade and maintain world peace. Many countries come together to cooperate with each other to help bettering nations. Cooperation with other countries is required in order for these type of organization to function or else it would be a disaster.

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

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.

Harvard Business School’s Case Study “Aid, Debt Relief, and Trade: An agenda for fighting World Poverty” outlines the steps, and missteps, that the world community has taken since World War II to address the efficacy of international assistance. The study focuses on international financial institutions (IFIs) and their ability to help poor nations break out of poverty and the possible obligations of rich, developed countries to assist the heavily indebted poor countries (HIPCs). Additionally, the study seeks to see if this assistance has been and can be parlayed into growth and investment for the HIPCs.

Through loans, innovative financial solutions, policy advice and technical assistance, the World Bank supports a broad range of programmes aimed at reducing poverty and improving living standards in the developing world. Working through the International Bank for Reconstruction and Development and the International Development Association, the Bank uses its financial resources, skilled staff, and extensive knowledge base to help developing countries generate opportunities, enhance growth and create individual opportunity. The Bank has six regional vice presidencies: Sub-Saharan Africa, East Asia and Pacific, Europe and Central Asia, the Middle East and North Africa, South Asia and