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World Bank
International institution providing financial aid and support for global development projects
Key Insights
The World Bank is an international financial institution which provides loans, grants, and technical assistance to developing countries for financial projects. Its primary goal is to reduce poverty in the world by providing aid for building infrastructures and addressing debt problems of the Third World economies. It focuses on assisting nations in achieving sustainable growth while addressing global challenges such as inequality and environmental sustainability.
Written by Pablo Mathis
27 February 2023 · 00:00 CETUpdated 21 June 2026 · 18:24 CET
Cite this brief
Mathis, P. (2023). World Bank. EPIS Insight · International Relations & Diplomacy.
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