The World Bank
By: Dylan Bear
The World Bank is made up of five different groups...
The International Bank for Reconstruction and Development
Lends to governments of middle-income and creditworthy low-income countries
The International Development Association
Provides interest-free loans and grants to poor countries
The International Finance Corporation
Help new countries gain stability allowing them to grow
The Multilateral Investment Guarantee Agency
Try to reduce poverty
The International Center for Settlement of Investment Disputes
Provides international facilities for conciliation (World Bank 2015)
Video below: ("World Bank President", 2013)
Jim Yong Kim
The President of the Bank is the president of the entire World Bank Group. Jim Yong Kim is responsible for chairing the meetings of the Boards of Directors and for overall management of the Bank. (World Bank 2015).