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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, commonly know ....
Middle of paper ....cide 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 accordingly. The loans the bank gives generally falls into one of two categories. The first is to developing countries that are able to pay near-market interest rates. The money to subsidize th.... |
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Page count: 3 |
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