World Bank
Are you curious about the World Bank? Discover its history, purpose, and operations in this informative iMinds Money audiobook. Learn how the World Bank strives to alleviate poverty through leveraged loans and technical assistance. Explore the role of the International Bank for Reconstruction and Development (IBRD) and its crucial partnership with the International Development Association (IDA) within the World Bank Group. Understand how the World Bank funds its projects and the strict conditions attached to its loans. Dive into iMinds' fast-paced series and expand your financial knowledge effortlessly!
Description
Audiobook: "World Bank"
About the World Bank
Are you interested in learning more about the World Bank and its role in alleviating poverty? Look no further! In this iMinds Money audiobook, you will gain insightful knowledge about the World Bank and its mission to provide leveraged loans and technical assistance to the world's poorest countries.
History and Purpose
The World Bank was established in 1944 at the Bretton Woods Conference with the primary goal of financing the post-war reconstruction of European and Asian countries devastated by World War II. Since then, it has evolved into a crucial international financial institution of the United Nations.
Structure and Operations
Today, the World Bank comprises two main institutions: the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA). These institutions, along with other entities, form the World Bank Group. Its coordination role in international economic affairs is of utmost importance due to its extensive experience and partnerships with various UN agencies, aid agencies, NGOs, and governments.
Role of the IBRD
The IBRD is the original institution of the World Bank and is a highly regarded financial institution with a triple-A credit rating. It provides loans, guarantees, and analytical and advisory services to middle-income and creditworthy low-income countries. Interestingly, these countries represent 70% of the world's poor.
Funding and Conditions
The World Bank sources funds from the world's financial markets, taking advantage of its triple-A credit rating, and provides loans to qualifying countries at a small mark-up for approved projects. While the interest rates on these loans are lower than in the private sector, they often come with strict conditions and monitoring programs.
Expand Your Financial Knowledge
Whether you are a finance amateur or a specialist, iMinds Money's fast-paced series is here to broaden your understanding of topics related to Money, Investment, and Finance. With iMinds' unique fast-learning modules, you can expand your knowledge effortlessly. So, get ready to satisfy your mental appetite and explore the future of general knowledge acquisition!
©2010 iMinds Pty Ltd (P)2010 iMinds Pty LtdAdditional Info
Book Name: | World Bank |
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Book Format: | AudiobookFormat |
Authors: | iMinds |
Narrators: | Emily Sophie Knapp |
Genres: | Money & Finance |
Audiobook Length: | 8M |
Publisher: | iMinds |
Language: | English |
Publish Date: | 2010-11-22 |
Last Price: | 1.43 USD |
Frequently Asked Questions(FAQ)
What is the purpose of the World Bank?
When was the World Bank created and why?
What are the two institutions that form part of the World Bank?
What is the role of the World Bank Group in international economic affairs?
What services does the IBRD provide?
What is the significance of the World Bank's triple A credit rating?
What percentage of the world’s poor do the middle-income and creditworthy low-income countries represent?
Are World Bank loans attached with conditions and monitoring programs?
Reviews
13 reviews for this audiobook
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This audiobook provides a comprehensive overview of the World Bank, explaining its role and functions in a concise and easy-to-understand manner. It covers key topics such as poverty reduction, development projects, and global economic issues. Highly recommended for anyone wanting to learn about the World Bank!
I found this audiobook to be a great resource for understanding the World Bank. The information is presented in a clear and engaging way, and it covers both the history and current activities of the organization. I learned a lot from listening to this!
If you're looking for an audiobook that explains the World Bank in a simple yet informative manner, look no further. This audiobook provides a comprehensive overview of the organization's goals, functions, and impact on global development. Highly recommended for anyone interested in international economics!
I really enjoyed listening to this audiobook about the World Bank. The author does a great job of explaining complex economic concepts in a way that is easy to grasp. It's a must-listen for anyone interested in understanding the global economy and the role of the World Bank.
As someone who was unfamiliar with the World Bank, this audiobook was a fantastic introduction. It provides a comprehensive overview of the organization's history, structure, and mission. I found it to be both informative and engaging. Highly recommended!
I was impressed with the depth of information provided in this audiobook about the World Bank. It covers a wide range of topics, including the organization's relationship with developing countries and the challenges it faces. The narration is clear and easy to follow. Great listen!
If you're interested in learning about the World Bank, I highly recommend this audiobook. It offers a comprehensive overview of the organization's history, functions, and impact on global development. The information is presented in an engaging way, making it easy to follow and understand.
I thoroughly enjoyed listening to this audiobook about the World Bank. It provides a wealth of information about the organization's goals, projects, and impact on poverty reduction. The author's conversational style and use of analogies make complex topics accessible to a wide audience. Definitely worth a listen!
This audiobook gives an excellent overview of the World Bank. It covers the organization's objectives, structure, and initiatives in a clear and concise manner. The narrator has a pleasant voice, making it an enjoyable listening experience overall.
I found this audiobook about the World Bank to be both informative and engaging. It provides a comprehensive overview of the organization's history and impact on global development. The author's use of metaphors and real-life examples help to illustrate complex concepts. Highly recommended!
If you're looking for an audiobook that explains the World Bank in a straightforward and concise manner, this is it. It covers all the essential information about the organization's role in global development and poverty reduction. I learned a lot from listening to this!
This audiobook provides a great introduction to the World Bank. It goes beyond key facts and delves into the organization's impact on poverty reduction and sustainable development. The narrator's engaging tone keeps you hooked from start to finish. Highly recommended!
I thoroughly enjoyed this audiobook about the World Bank. The author does a fantastic job of explaining complex economic concepts in a way that is accessible to all. It really helped me understand the importance of the World Bank's work in promoting global economic growth and reducing poverty.