World Bank

The World Bank's mission is to fight poverty and improve the living standards of people in the developing world. It is a development bank that provides loans, policy advice, technical assistance, and knowledge-sharing services to low and middle income countries to reduce poverty. In 2003, the World Bank provided $18.5 billion and worked in more than 100 developing countries, which provided support for education, health, debt relief, biodiversity, infrastructure (such as water, transportation, power), and conflict resolution.

The Operations Evaluation Department is an independent unit within the World Bank that was created in 1970 by then World Bank President Robert McNamara. The unit reports directly to the bank's Board of Executive Directors, assessing what works and what does not, how a borrower plans to run and ...