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The World Bank, formally known as the International Bank for Reconstruction and Development (IBRD), aims to assist member nations in economic development, promote foreign investment, and support balanced international trade growth. It is governed by a Board of Governors and a Board of Executive Directors, with capital resources structured through member contributions. Despite its objectives, the World Bank faces criticism for allegedly imposing Western economic policies that may hinder development in member

Author

ManilalP

Language

EN