Is the World Bank for profit?
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Works at the International Committee of the Red Cross, Lives in Geneva, Switzerland.
The World Bank was not established to make a profit. It is not a bank in the traditional understanding of the word and does not have private shareholders. ... However, some of the income generated could arguably be said to benefit richer nations, with people in the paid employment of the bank in its base in Washington DC.
2023-06-19 04:05:56
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Harper Bell
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The World Bank was not established to make a profit. It is not a bank in the traditional understanding of the word and does not have private shareholders. ... However, some of the income generated could arguably be said to benefit richer nations, with people in the paid employment of the bank in its base in Washington DC.
