StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Free

The World Bank - Assignment Example

Cite this document
Summary
The paper "The World Bank" describes that as an organization the World Bank is built not on just business concerns, but on morality, on humanity, of putting all the skills within their organization to improve the lives of others.This is inspiring. That is the kind of rare opportunity that is hard to ignore. …
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER98% of users find it useful
The World Bank
Read Text Preview

Extract of sample "The World Bank"

The World Bank Some people say that when you love, or are fulfilled, by what you do for a living, then you never really work a day in your life. Most people do not earn a living doing what most people want to do. They did not make the difference they wanted to make. Most people compromise, for one reason or another, and settle for what is most stable and guarantees the bills are paid. This is not a wrong decision; it is, in fact, a very responsible one. However, all the same, when asked, they will likely tell you they wish that they had gone another direction.

It is a rare opportunity to really be inspired and fulfilled by where one works. That said, the goal of choosing a direction that is, both, financially consistent, as well as, something that is fulfilling is fundamentally important. The World Bank is an organization where that potential for that outcome to be realized.The World Bank was founded in 1944 and is a collaboration of five institutions. The International Bank for Reconstruction and Development (IBRD), the International Development Association (IDA), the International Finance Corporation (IFC), the Multilateral Investment Guarantee Agency (MIGA), and lastly, the International Centre for Settlement of Investment Disputes (ICSID).

("The world bank," 2012) Each of these groups focuses and contributes to the financing and facilitating aid to middle income, developing, and destitute countries. Whether it is providing low interest or interest free loans, guaranteeing potential losses with reluctant investors, or providing arbitration and mediation in investment disputes, they are encouraging growth. It is not just financial contributions, but also, environmental and humanitarian endeavors as well. In totality what has been created is a very dedicated entity, which is far more than the sum of its technical parts.

The World Bank’s chosen mission is, ultimately, rather simple. They have one intent and supreme goal of ending global poverty. To do this they are deeply invested in projects dedicated to aiding those in poverty stricken, under-developed, and suffering populations all over the world. They focus on a concept, they call, the Millennium Achievement Goals, which, “…calls for the elimination of poverty and sustained development.”("The world bank," 2012) This is the target the World Bank aspires to hit and they have had substantial results.

They are currently the largest funder of education, greatest external funder of HIV/AIDS prevention and awareness internationally, they fight world-wide corruption, aid developing countries in being heard and not forgotten, and are involved in hundreds of projects worldwide intended to improve the quality of life and reduce poverty. However, they continue to reform their policies and goals in order to do more and achieve greater results. What began as an organization with the bulk of its employees only in Washington, D.C. now have a diversified staff of, more than, 9,000 employees in 24 offices in 168 countries.

Their staff includes financial analysts, economists, environmental scientists, IT specialists, engineers, and educators, and many others. As an organization the World Bank is built not on just business concerns, but on morality, on humanity, of putting all the skills within their organization to improve the lives of others. This is inspiring. That is the kind of rare opportunity that is hard to ignore. The chance to earn your living while making a difference in the lives of people who are truly in need of it.

Working for World Bank could be a very fulfilling way to be fully immersed in the goals and purpose of an ideology of an organization that helps change lives. This kind of goal oriented, diversified, sustainable sort of work environment is the kind that no one could ever regret being fortunate enough to be a part of.ReferenceThe world bank group. (2012). Retrieved from http://www.worldbank.org/

Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“The World Bank Assignment Example | Topics and Well Written Essays - 500 words”, n.d.)
Retrieved from https://studentshare.org/finance-accounting/1604571-personal-reflection-paper
(The World Bank Assignment Example | Topics and Well Written Essays - 500 Words)
https://studentshare.org/finance-accounting/1604571-personal-reflection-paper.
“The World Bank Assignment Example | Topics and Well Written Essays - 500 Words”, n.d. https://studentshare.org/finance-accounting/1604571-personal-reflection-paper.
  • Cited: 0 times

CHECK THESE SAMPLES OF The World Bank

Evolution of the World Bank

The paper "Evolution of The World Bank" highlights that the World Bank has contributed immensely towards the development.... The World Bank has been an important aid after World War II.... The World Bank is a group of five closely associated international organizations responsible for providing finance and advice to countries for the purposes of economic development and eliminating poverty.... The World Bank's activities are particularly focused on economically backward developing countries....
10 Pages (2500 words) Case Study

The Role of the World Bank in a Global Economy

The World Bank comprises of five different international organizations whose role is to provide financial help as well as suggestions to its member countries so that there is complete transfer of economic development within those states and poverty is reduced or minimized as a… The World Bank was created on 27 December 1945.... It was at the time the largest loans to have been issued by The World Bank.... The five parts (agencies) of The World Bank comprise of the International Bank for Reconstruction and Development (IBRD), International Finance Corporation (IFC), International Development Association (IDA), International Center for Settlement of Investment Disputes (ICSID) and lastly the Multilateral Investment Guarantee Agency (MIGA)....
20 Pages (5000 words) Essay

The Role of the World Bank

From the paper "The Role of The World Bank" it is clear that It is with the help and facilitation of The World Bank, IMF and the different United Nations' agencies that one can predict a better way forward for all and sundry.... It is with committed and dedicated efforts on the part of everyone that we can see progress within empathy and care for each and every member nation of The World Bank in the coming times.... The World Bank was created on 27 December 1945....
8 Pages (2000 words) Coursework

The IMF and the World Bank

The World Bank gives loan at low interest rate and grants to developing countries to invest in health, education and infrastructure.... The IMFs members want… The IMF and world bank are financial institutions that were initiated together by 29 countries in 1944 at the conference of Bretton woods, Washington.... The IMF and world bank are financial institutions that were initiated together by 29 countries in 1944 at the conference of Bretton woods, Washington....
2 Pages (500 words) Essay

Compare the IMF and the World Bank

However, although their approaches towards this objective are… As such, whereas The World Bank focuses on poverty reduction and long term economic development, the IMF concentrates on only the macroeconomic issues.... Most individuals find it difficult to distinguish between the IMF and The World Bank.... The Bretton institution is a synonym for both IMF and The World Bank.... The World Bank at its formation was assigned goals....
4 Pages (1000 words) Essay

Analyzing the World Bank Policies in Singapore and Hong Kong

The paper "Analyzing The World Bank Policies in Singapore and Hong Kong" discusses that the long run plans are aimed at ensuring quality labor supply....  … Generally speaking, the monetary policy advised by The World Bank is the most effective given the fact it gives into account the needs of local and international investors.... The World Bank applies policies based on sustainability.... The steady economic growth measured based on GDP indicates the positive local models and The World Bank aims at ensuring financial and consultative aid is provided with the country boast of economic stability (Page, 1994)....
4 Pages (1000 words) Term Paper

Managing Emerging Technologies: The World Bank Group

For the purpose of this study, the writer will analyze the case of The World Bank.... This helps in developing new and effective business processes as well as in making value propositions especially in the new and modern corporate world whose business network is spread far and wide, such as The World Bank for instance.... he world bank is involved in various activities providing a wide range of services to several developing and in transition countries across the globe....
11 Pages (2750 words) Case Study

Role of the World Bank in International Public Policy Management

The paper "Role of The World Bank in International Public Policy Management" establishes that though there have been demands for a new bank or reducing The World Bank to an advisory body only, the resources, the infrastructure, and the intellectual capital possessed by the bank is unmatched.... Since its inception, The World Bank has been the prime institute for financial assistance and restructuring for the countries across the globe and has been instrumental in development activities....
2 Pages (500 words) Research Paper
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us