World Bank IB HL.

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Presentation transcript:

World Bank IB HL

The World Bank Also known as the International Bank for Reconstruction and Development (IBRD). Established in 1947 to provide aid to poor countries in terms of loans and technical assistance. It used to provide loads for capital projects, such as infrastructure developments, but from 1980 onwards it provided help for debt repayment.

Activities Using Geography Course Companion P346-347, answer the following… What is the World Bank? What is its aim? What are the benefits and problems about the World Bank? Do you feel the World Bank has more of a positive or negative impact on the world?