The World Bank is an international organization that was established in 1944 and is headquartered in Washington, D.C., USA. The organization’s mission is to reduce poverty and promote sustainable economic growth in developing countries by providing financial and technical assistance, as well as policy advice and research.

The World Bank provides loans, grants, and other forms of financial assistance to developing countries, with the aim of promoting economic growth, reducing poverty, and improving the living standards of people in these countries. The organization also provides technical assistance and policy advice on a range of economic issues, such as fiscal and monetary policy, infrastructure development, and trade policy.

The World Bank has 189 member countries, and its resources are primarily derived from contributions from member countries, as well as from borrowing in international financial markets. The organization is governed by a board of governors, which is composed of one governor from each member country, and is overseen by an executive board.

Critics of the World Bank have argued that its policies can be too focused on market liberalization and privatization, which can exacerbate economic inequality and lead to social unrest in some countries. Supporters argue that the World Bank plays an important role in promoting economic growth and poverty reduction in developing countries, and that its policies have helped to lift millions of people out of poverty.