#76: The World Bank

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It's one of the world's most important financial institutions,
but also one of the most controversial. 


Discover what the World Bank actually is, how it works, what
happens when it gets things right, and what happens when things
go badly wrong.



In today's episode we cover:


The creation of the World Bank

The difference between the World Bank and the IMF

The ambitious aims of the World Bank

The first World Bank loan, to France

Structural Adjustment (or "you do what we say")

The Cochabamba Water War in Bolivia

Why the World Bank imposes conditions

What happens to all this debt?



Full interactive transcript and key vocabulary available on the
website www.leonardoenglish.com/podcasts/world-bank


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