World Bank

The World Bank is an international financial institution that provides loans and grants to the governments of poorer countries for the purpose of pursuing capital projects. It comprises two institutions: the International Bank for Reconstruction and Development, and the International Development Association.

Source: en.wikipedia.org

World Bank: Global Growth Still Lower Than Pre-COVID
World Bank: Global Growth Still Lower Than Pre-COVID
June 11, 2024  |  Economy

A new report from the World Bank has good news and bad news about the global economy. The good news, according to the Global Economics...

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World Bank Says Public-Private Partnerships Essential to Financial Access
World Bank Says Public-Private Partnerships Essential to Financial Access
March 08, 2024  |  International

The global push for digital transformation is gaining momentum, with global institutions increasingly taking part in shaping the landscape. The recent World Bank’s inaugural Global...

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Are Blockchain-Based Smart Contracts a Smart Option for Global Financing?
Are Blockchain-Based Smart Contracts a Smart Option for Global Financing?
February 28, 2024  |  Blockchain

Proponents of blockchain’s underlying technical capabilities are determined to shake off its cryptocurrency-centric associations. In large part by finding historical opportunity areas within the traditional...

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World Bank’s Gloomy Outlook Could Be Countered by Industrial Transformations 
World Bank’s Gloomy Outlook Could Be Countered by Industrial Transformations 
January 17, 2024  |  Connected Economy

The World Bank isn’t banking on the world’s economy getting much better.  At least in the near term.  In its semiannual Global Economic Prospects report,...

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IMF, World Bank and BIS Collaborating on Uses of Tokenization
IMF, World Bank and BIS Collaborating on Uses of Tokenization
November 28, 2023  |  Payments Innovation

The International Monetary Fund (IMF), the World Bank and the Bank for International Settlements (BIS) have reportedly joined forces to explore the concept of tokenization. This collaboration aims to leverage tokenization...

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World Bank Says Nations Must Adopt Policies to Boost Growth
World Bank Says Nations Must Adopt Policies to Boost Growth
March 27, 2023  |  Economy

Nations need to make changes to prevent an anticipated slump in global growth. So said the World Bank in a report released Monday (March 27)...

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US Nominates Former Mastercard CEO Ajay Banga for World Bank
US Nominates Former Mastercard CEO Ajay Banga for World Bank
February 23, 2023  |  Personnel

The United States has nominated former Mastercard CEO Ajay Banga to lead the World Bank. President Joe Biden announced the nomination Thursday (Feb. 23), citing...

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Central African Republic Adopts Bitcoin as Legal Tender; Most Don’t Notice
Central African Republic Adopts Bitcoin as Legal Tender; Most Don’t Notice
September 16, 2022  |  Cryptocurrency

When the Central African Republic (CAR) adopted Bitcoin as legal tender in April, mayhem initially ensued, sparked by confusion, advanced by disagreements, and then driven...

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Beyond VCs, Public Investments Further Africa’s Digital Transformation Agenda
Beyond VCs, Public Investments Further Africa’s Digital Transformation Agenda
September 12, 2022  |  Technology

There is little doubt that the digital economy has transformative potential for emerging markets like the ones on the African continent. It can create jobs,...

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