World Bank
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3.4
- proper noun
- /wɜrld bæŋk/
:
Banco Mundial
- And if one looks at the World Bank data, that's really clear.
- According to the World Bank
- the World Bank says
- World Bank report
And let's explore for one minute just some examples of the World Bank country income groups.
- And let's explore for one minute just some examples of the World Bank country income groups.
- A loan guarantee is if the loan doesn't get repaid, the World Bank will guarantee it insurance products.
- The mission of the World Bank is to promote shared prosperity and to eliminate poverty.
- And they have to subject themselves to the International Monetary Fund and the World Bank saying, you know, we're going to withdraw credit from you.
- South Africa is ranked as the most unequal society on earth by the World Bank, so the idea of wealth redistribution is quite popular within the country.
- And so now I'm in Nairobi and I'm wearing my like suit and with the World Bank for the summer and my laptop gets stolen by two enterprising con artists, very charming.
- The IEA, the International Energy Agency, the World Bank, similarly, McKinsey as well.
- The Bretton Woods system as we know it today was instead the World Bank, the IMF and so forth.
- Institutions tend to be international institutions such as the United Nations, the World Bank, perhaps alliances like NATO.
Examples
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When he became president, the World Bank was a small entity.
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According to the World Bank, 67 percent of the world's nations are classified as low- or middle-income.
Academic text (2011) -
This is just from, I think I pulled this from some World Bank figures.
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As I mentioned for the different World Bank regions of the world.
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There is a problem with the figures supplied by the World Bank.
Academic text (1999) -
Later, I joined the World Bank, which sought to fight such poverty by transferring aid from rich to poor countries.
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The mission of the World Bank is to promote shared prosperity and to eliminate poverty.
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Out of Bretton Woods came the World Bank, the IMF, and most importantly, a new role for the US dollar as the international reserve currency.
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South Africa is ranked as the most unequal society on earth by the World Bank, so the idea of wealth redistribution is quite popular within the country.
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The mission of the World Bank is to promote shared prosperity and to eliminate poverty.
Synonyms
An international organization that gives loans to help developing countries build roads and schools
An international bank that lends money to developing countries for projects like roads and schools
Surface Forms
Morphology
The name 'World Bank' is transparently composed from 'world' + 'bank' and signals a bank that operates at a global/international level; a B1 learner who knows both words can reasonably infer it refers to an international financial institution. While specific institutional details (e.g., lending to developing countries, governance) are not fully derivable from the name, the core meaning is compositional and cross-linguistically paralleled (e.g., Spanish 'Banco Mundial'), so it is broadly understandable.
Etymology
World Bank paints a simple picture: after World War II many countries created a kind of Bank for the World, putting money together to help rebuild poorer nations. That's why today the World Bank is an international institution 'to lend money and give help' to developing countries.