World Bank Definition Of Governance. The World Bank supplies qualifying governments with low-interest loans, zero-interest credits, and grants, all for the purpose of supporting the development of individual economies. Under this project, the Bank provides technical assistance at the strategic level but also supporting.
The World Bank is a provider of financial and technical assistance to individual countries around the globe.
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We draw on existing notions of governance, and seek to navigate between overly broad and narrow definitions, to define governance as "the traditions and institutions by which authority in. World Bank, international organization affiliated with the United Nations and designed to finance projects that enhance the economic development of member states. The World Bank Group's Worldwide Governance Indicators reports on six dimensions of governance: voice and accountability; political stability and absence of violence; government effectiveness; regulatory quality; rule of law; and control of corruption.
