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World Bank

The World Bank is a bank that provides financial and technical assistance to developing countries for development programs (e.g. bridges, roads, schools, etc.) with the stated goal of reducing poverty. The World Bank was created following the ratification of the United Nations Monetary and Financial Conference Bretton Woods agreement. The concept was originally developed in July 1944 at the United Nations Monetary and Financial Conference. Two years later, the Bank issued its first loan: US $250 million to France for post-war reconstruction, the main focus of the Bank's work in the early post-World War II years. Over time, the "development" side of the Bank's work has assumed a larger share of its lending, although it is still involved in post-conflict reconstruction, together with reconstruction after natural disasters, response to humanitarian emergencies and post-conflict rehabilitation needs affecting developing and transition economies.

The World Bank at HMCE

The World Bank is one of the international community’s most prominent developmental aid organizations. Committed to fighting poverty around the globe, delegates of the World Bank will be working towards solutions to the lack of health care, education, and food in the world’s most destitute populations. Specifically, delegates will be looking at agriculture's role in long-term development and how it should be treated accordingly, and will also consider pushing a more comprehensive gender equality agenda.

For more details, see the 2010 Guide to the World Bank.

2010 Staff and Topics

Committee Chair:  Rachel Wilson
Committee Vice-Chair:  Courtney Dagher

Topic 1:  Water and Sanitation Projects in Africa  (Update)
Topic 2:  World Bank Presence in South America  (Update)

Committee message board:  http://hmce.activeboard.com

Relevant Links

The following links will help you learn more about the World Bank and its past and current efforts to support international development.