World Bank Audiobook Cover

World Bank

Emily Sophie Knapp

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!

USD 0 1.43

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 Ltd

Additional Info

Book Name: World Bank
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?

The purpose of the World Bank is to alleviate poverty through providing leveraged loans and technical assistance to the world’s poorest countries.

When was the World Bank created and why?

The World Bank was created at the Bretton Woods Conference in 1944 with the primary role of financing the post-war reconstruction of European and Asian countries devastated in WWII.

What are the two institutions that form part of the World Bank?

The World Bank consists of the International Bank of Reconstruction and Development (IBRD) and the International Development Association (IDA).

What is the role of the World Bank Group in international economic affairs?

The World Bank Group plays a leading coordination role in international economic affairs due to its multilateral institution status and extensive experience and partnerships with UN agencies, aid agencies, NGOs, and governments.

What services does the IBRD provide?

The IBRD, the original institution of the World Bank, provides loans, guarantees, and analytical and advisory services to middle-income and creditworthy low-income countries.

What is the significance of the World Bank's triple A credit rating?

The World Bank uses its triple A credit rating to source funds from the world’s financial markets and provides these at a small mark-up to qualifying countries for approved projects.

What percentage of the world’s poor do the middle-income and creditworthy low-income countries represent?

The middle-income and creditworthy low-income countries represent 70% of the world’s poor.

Are World Bank loans attached with conditions and monitoring programs?

Yes, World Bank loans are often attached with strict conditions and monitoring programs, despite being substantially lower than those in the private sector.

Reviews

11 reviews for this audiobook
  • Jo
    John Smith 30-Sep-2023

    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!

  • Em
    Emily Johnson 04-Oct-2023

    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!

  • Mi
    Michael Thompson 18-Oct-2023

    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!

  • Sa
    Sarah Davis 02-Nov-2023

    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.

  • Da
    Daniel Wilson 26-Nov-2023

    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!

  • Ol
    Olivia Brown 06-Dec-2023

    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!

  • Ma
    Matthew Lee 12-Dec-2023

    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.

  • Em
    Emma Davis 19-Dec-2023

    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!

  • Ja
    James Wilson 20-Jan-2024

    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.

  • So
    Sophia Johnson 14-Mar-2024

    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!

  • Da
    David Thompson 13-Apr-2024

    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!

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