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The World Bank
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is unlike any other bank in the world. There is no depositing or withdrawing of money from any type of checking/savings account. This is because is actually an international development organization owned by its more than one hundred and eighty member countries. was developed to lend money to the governments of its poorer members, com .... Middle of paper
.... the other six industrial large nations ( together they form the G-7 ) amass a little less than fifty percent of the holdings. The bank’s headquarters are located in Washington D.C.. It is often here that its Board of Executive Directors, representing all member countries, debate and decide upon new policies and practices.
is very set in their lending ways. The Bank in no way donates or grants any money, all loaned funds must be paid back accor ....
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Number of words: 685
Number of pages: 3 (approx. 250 words per double-spaced page)
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