General Article What is the World Bank?

Topic Selected: Globalisation
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We live in a world so rich that global income is more than $31 trillion a year. In this world, the average person in some countries earns more than $40,000 a year. But in this same world, 2.8 billion people – more than half the people in developing countries – live on less than $700 a year. Of these, 1.2 billion earn less than $1 a day.
As a result, 33,000 children die every day in developing countries. In these countries, each minute more than one woman dies during childbirth. Poverty keeps ...

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