The Explanation

What does the World Bank do?


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The World Bank was originally established after World War Two with the goal of eradicating poverty and establishing shared prosperity. With new challenges such as health crises, climate change and the establishment of the Asian Development bank, the World Bank’s purpose is under greater scrutiny than ever before, but has its core mission changed? Michelle Fleury, the BBC’s North America business correspondent, talks to Claire Graham about the origins and purpose of the World Bank, and the current challenges it faces as it tries to support sustainable development throughout the world.

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The ExplanationBy BBC World Service

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