Content: The World Bank.rar (34.68 KB )
Uploaded: 11.01.2020

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  • Following the devastation of World War II, in 1944 the representatives of 44 governments met in Bretton Woods, New Hampshire, in the United States to develop a strategy for rebuilding the international economy. A key outcome of the meeting was the creation of the International Bank for Recon-struction and Development (IBRD), which would become known as the “world bank,” and the International Monetary Fund. Its loans helped European coun-tries rebuild after World War II. That made it the world´s first multilateral de-velopment bank [].


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  • Taking advantage of the latest technology, the World Bank helped to set up the African Virtual University (AVU), an interactive instructional telecom-munications network established to serve the countries of Africa. Originally started as a World Bank project, the AVU has been transformed into an inde-pendent intergovernmental organization based in Nairobi, Kenya, with 34 learning centers in 17 African countries. The World Bank continues to be its largest backer, with commitments of $13 million over three years. So far, the AVU has created a network of partner institutions across Africa, with learning centers hosted mainly in public universities. It launched an accredited degree and diploma in computer science.
  • These are the least of the projects and examples.

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