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Managing In A Global Environment.

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Management
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University of cumberlands
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Managing In a Global Environment
Student’s Name
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Course Name
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Managing in a Global Environment
Overview
The World Bank was initially introduced in the year 1944 after the Bretton woods agreement.
The agreement was mainly secured under the United Nations auspices in the Second World War
later days (Mason et al., 2010). The Bretton woods agreement mainly included various
components, including establishing the international monetary fund, establishing the World
Bank, and starting a collective global monetary system. Since their establishment, the
international monetary fund and the World Bank have achieved numerous same goals. The main
aim of both the international monetary fund and the World Bank was to support many Asian and
European countries requiring financial support to fund their reconstruction efforts after the
Second World War (Zapp 2017). The international monetary fund and the World Bank
headquarters are located in Washington DC, with the World Bank having about 10000 workers
in about 130 offices globally.
Purpose of the research
The World Bank usually offers qualified governments subsidized interest loans, grants, zero
interests credits to support the development and growth of various world economies. Cash
infusions and debt borrowings assist with the development and growth of the private sector,
infrastructure development, development of public administration, efficient healthcare, and
growth of global education. The World Bank usually shared essential information with specific
entities via technical assistance, research and analysis, and policy advice. It also provides
training and advice for the private and public sectors. This paper aims at showing the roles and
responsibilities of the World Bank and the reasons for its formation.

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1 Managing In a Global Environment Student’s Name Institutional Affiliation Course Name Instructor’s Name Due Date 2 Managing in a Global Environment Overview The World Bank was initially introduced in the year 1944 after the Bretton woods agreement. The agreement was mainly secured under the United Nations auspices in the Second World War later days (Mason et al., 2010). The Bretton woods agreement mainly included various components, including establishing the international monetary fund, establishing the World Bank, and starting a collective global monetary system. Since their establishment, the international monetary fund and the World Bank have achieved numerous same goals. The main aim of both the international monetary fund and the World Bank was to support many Asian and European countries requiring financial support to fund their reconstruction efforts after the Second World War (Zapp 2017). The international monetary fund and the World Bank headquarters are located in Washington DC, with the World Bank having about 10000 workers in about 130 offices globally. Purpose of the research The World Bank usually offers qualified governments subsidized interest loans, grants, zero interests credits to support the development and growth of various world economies. Cash infusions and debt borrowings assist with the development and growth of the private sector, infrastructure development, development of public administration, efficient healthcare, and growth of glo ...
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