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This is a short summary of the paper
The World Bank

Start of Term Paper
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 eigh ....

Middle of Term Paper
... of the world are members. The bank is structured like a global cooperative, owned by its member countries. The size of a country’s stockholding is determined 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 ...

Number of Words: 685 Approximate Pages: 3

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