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The World Bank frequently espouses Chile as a success story within Latin America. "Chile has been one of Latin America’s fastest-growing economies in recent decades, enabling the country to significantly reduce poverty. Between 2000 and 2017, the population living in poverty (on US$ 4 per day) decreased from 31% to 6.4%." [5]
The World Bank Institute is the capacity building branch of the World Bank. It provides learning programs, policy advice and technical assistance to policy makers, government and non-government agencies, and development practitioners of developing countries. Capacity for Development is defined by the WBI as "the ability of individuals ...
The World Bank Group country partnership framework aims to support Haiti 's efforts to reduce poverty and provide economic opportunities for all Haitians. The framework aims to strengthen institutions, government capacity, and public financial management as aid and concessional financing rapidly decline. [1]
Japan joined the World Bank Group in August 1952. [1] Loans that were taken out by Japan focused on improving infrastructure, having electrical power generation, improving water, establishing basic industry development and improving transportation. [1] Japan now is the second-largest creditor to the World Bank, [1] and in 1970 established an ...
The relationship between Ethiopia and the World Bank was formalized on December 27, 1945. [1] Ethiopia's first projects approved by the World Bank supported the building of infrastructure such as roads and highways during the 1950s. Ethiopia first sought a loan for "Highway Project (01)", which was approved on September 13, 1950.
Lebanon and the World Bank. Lebanon 's involvement with the World Bank Group began in August 1955 with the funding of the Litani Power and Irrigation project. [1] As of 2017, 62 years after its entrance into the organization, Lebanon has 21 World Bank projects active throughout the nation, [2] and as of May 2017 has received about $1 billion in ...