Since its inception in 1944, the World Bank has expanded from a single institution to an associated group of coordinated development institutions with a shared goal of reducing poverty. The Bank's mission evolved from a facilitator of post-war reconstruction and development to its present day mandate of worldwide poverty alleviation. The World Bank's most recent stated goal is the reduction of poverty in part by creating learning opportunities for countries.
Updated: Jan 10, 2019 1:20pm