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The World Bank
Beginning of Essay
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. .... Middle of Essay .... relative to it’s economic strength relative to the worldwide economy. The United States is the single largest stockholder, holding around seventeen percent, this along with 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 accordingly. The loans the bank gives ....
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Words: 685 - Pages: 3
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