What does the World Bank do?
Michelle Fleury on the origins and purpose of the global financial institution
The Explanation · BBC World Service
Audio is streamed directly from the publisher (open.live.bbc.co.uk) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
The World Bank was originally established after World War Two with the goal of eradicating poverty and establishing shared prosperity. With new challenges such as health crises, climate change and the establishment of the Asian Development bank, the World Bank’s purpose is under greater scrutiny than ever before, but has its core mission changed? Michelle Fleury, the BBC’s North America business correspondent, talks to Claire Graham about the origins and purpose of the World Bank, and the current challenges it faces as it tries to support sustainable development throughout the world.