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Since WWII, they have financed over 12,000 projects in order to help different initiatives and developing countries. Additionally, they have made over $160 billion available in finances for relief and today, helped over 100 countries recover from COVID-19 effects.

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"Over the course of more than 50 years, the bank’s priorities and development philosophy—along with its role in the world—have changed from reconstructing Europe to alleviating poverty in developing countries, all the way to now helping countries with COVID-19 relief."
-The World Bank

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"Sustainable economic growth continues to offer the surest path out of poverty. The World Bank supports investments in countries that underpin long-term growth and that help to meet the needs of their citizens. We work with policy makers to develop markets, institutions, and economies that are stable, equitable, and efficient. We help countries to meet their essential infrastructure needs in a way that ensures sustainability. Through analysis, advice, financial instruments, convening power, and crucially, a solid evidence base, we provide our clients with the tools to make informed development decisions for lasting impact."
- The World Bank

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Role of the United States in the World Bank

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Role of the United States in the World Bank

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"The United States has a long history of generously supporting the World Bank Group's mission and has been a champion of the International Development Association (IDA), which provides low interest loans and grants to the world's poorest countries."
-David Malpass

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“We at the World Bank aim to create a dynamic world economy, in which the people of every nation will be able to realize their potentialities in peace… to raise their own standards of living and enjoy, increasingly, the fruits of material progress.”
-U.S. Treasury Secretary Henry Morgenthau

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Convening of the Bretton Woods Monetary Conference

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Convening of the Bretton Woods Monetary Conference

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"We are met here in Bretton Woods in an experimental test, probably the first time in the history of the world, that forty-four nations have convened seeking to solve difficult economic problems. We fight together on sodden battlefields. We sail together on the majestic blue. We fly together in the ethereal sky. The test of this conference is whether we can walk together, solve our economic problems, down the road to peace as we today march to victory." - Fred Vinson (U.S. delegate, future Supreme Court chief justice

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https://docs.google.com/document/d/1sxLU5MnG5TtcFxGu_KV2ZS0GTFsg_QFpkp7hI9H1UuA/edit?usp=sharing

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https://docs.google.com/document/d/1C9Z0f7J3Xb_EiNDTabBrUb3WU5TIqTf8BOEB820b_dU/edit?usp=sharing

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"Imagine a world without institutions. No governments. No school or universities. No access to any information. No banks. Money no longer has any worth. There are no shops, because no one has anything to sell. Law and order are virtually non-existent because there is no police force and no judiciary. Men with weapons roam the streets taking what they want. Women of all classes and ages prostitute themselves for food and protection." - Keith Lowe