The Wandering Economist

When you think “World Bank” you might envision a bank so large that is can provide service to the entire world, the bank of all banks so to speak. In a matter of speaking this may in fact be true of the World Bank as it serves as a bank intent on servicing loans to developing nations. Established in 1945 as part of the Bretton Woods Agreement, the World Bank is in fact the Bank to the World, and a part of the World Bank Group WBG. Like all things, however, there is much, much more to the story.

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Tags: Banking, Do You Know? //