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What is World Bank

Handbook of Research on Organizational Sustainability in Turbulent Economies
International organization specialized in finance whose main activity is helping developing countries that need financial support through loans or credits and that are in a situation of poverty.
Published in Chapter:
Organizational Sustainability: An Index From Macroeconomic Variables
Nicolás Rivera Garzón (Universidad Nacional de Colombia, Colombia) and Miller Rivera Lozano (Universidad Santo Tomas, Colombia)
DOI: 10.4018/978-1-7998-9301-1.ch006
Abstract
The objective of the chapter is to develop an organizational sustainability index based on development indicators from 1980 to 2019. The sample is made up of the aggregation of low, low middle, upper middle, and high income countries constructed by the World Bank. High-income economies had the least sustainable organizations in 1980 with an index value of -13.8, while in 2019 its value was 25.7. On the other hand, the lower middle-income countries had an increase of 15.2, going from -9.2 in 1980 to 5.9 in 2019. Similarly, the upper middle-income economies went from -3.8 in 1980 to 6.6 in 2019, with a growth of 10.48. Low-income countries started with the highest levels of sustainability among the four categories with 1.6; in 2019 the value of the calculated index was 5.20, that is, a growth of only 3.5 units.
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More Results
Role of Global Institutions in Competency Development
The World Bank is a very reputed international financial entity that provides financial support to low and middle-income nations towards pursuing various development projects.
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Transforming Urban Slums: Pathway to Functionally Intelligent Cities in Developing Countries
An international financial institution that provides loans and grants to the governments of poorer countries for the purpose of pursuing capital projects.
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The Role of Entrepreneurial Spirit in Indonesian Youths and Housewives to Reduce Unemployment and Poverty Rate
An organization that gives assistance of financial and technical aspect for developing countries all around the world.
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Addressing Financial Risks and Uncertainties Through Financial Literacy Education: Recommendations, Resources, and Results
An international institution focused on providing financial and technical services to reduce poverty and increase prosperity in developing countries.
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Gendering Information and Communication Technologies in Climate Change
Named as the International Bank for Reconstruction and Development, the World Bank was set up in 1945 with the aim of promoting the post-Second World War reconstruction. It has since evolved and become strongly focused on worldwide poverty alleviation.
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Isolated Territories and Infrastructure Development: A Case for Land Transportation Investment in Madagascar
An international monetary organization located in Washington, D. C., the USA that offers loans and grants mainly to governments of underdeveloped countries intending to carry out capital projects.
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Assessing the Financial Vulnerability of Emerging Markets
An institution that focuses on promoting shared prosperity and ending poverty.
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