Moreover, the World Bank itself has struggled to translate its commitment to education into financing decisions.
And reforming the IMF and the World Bank may prove to be just as hard.
One of most important things, according to the World Bank, holding back development?
The World Bank recently named it “one of the 10 most improved countries in the world” to do business in.
And only Western governments and institutions—the United States, South Africa, the World Bank, IMF and now, Israel—can commit it.
Sachs, director of the Earth Institute at Columbia University, has nominated himself to be president of the World Bank.
She contacted more than a dozen organizations, from U.N. Women to the World Bank South Asia and the Red Cross.
For some, discussion of the International Monetary Fund or the World Bank means one thing: sex scandals.
The World Bank is giving this problem top priority, as are some other donor countries.
They meet annually (in the autumn) and coordinate their meeting with that of the World Bank.
1930, originally of the Bank for International Settlements, set up in Basle by the League of Nations. The modern World Bank was created in 1944.