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World Bank Pros And Cons

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What are the positive and negative effects of the World Bank?

The World Bank has been an international organization helping developing countries by funding, counseling and doing research in developing nations to improve their economy. (Investopedia, n.d.). The World Bank was established in 1944 and expand from one single organization to five development institutions. Today, world bank’s goal of their work is poverty reduction by sustainable globalization (The world bank,n.d.). However, according to some recourses, the world bank is not helping or reducing the poverty but just for the benefit of world bank organization. These two concepts are at the center of a debate over the pros and cons of the World Bank. Some people believe that …show more content…

Roads are one of the most important part of asset in many countries because transport surly contribute to economic growth and development and bring significant social benefit. On the other hand, bad roads can cause accidents and get less associating with human and aggrieve isolation. (Burningham,2005). If road become well, the distance between people will be shorter. This can help to improve access to hospitals, schools, and markets which help economic growth.. (Morriset, 2012). Take an example from the Kabul Municipal development program from the World Bank project which has built about 17 kilometers of trunk road and 200 kilometers of neighborhood roads and about 272 km of community drains, resulting in clean, neat spaces. Not only this project infers that over 770,000 people across the city will benefit but also it created more than 1,348,565 man days of employment. (Improving Infrastructure and Services in Kabul, Afghanistan,2016) In sum, the World Bank helped developing country in the way of making better road with creating jobs and other positive …show more content…

Take an example from the world banks in the 1950s and '60s, huge hydropower projects. Making dam cast huge but produce less energy than expected. Their biggest beneficiaries are mining companies and aluminum smelters, while Africa's poor inequality increase. This means the world bank got benefit by mining but the people who want or need help couldn’t get much support from this project. Only the debt increased. The Congo River are the example of this situation. After making dam spent billions of dollars, 85% of the electricity in the Democratic Republic of Congo is used by high-voltage consumers but less than 10% of the population has access to electricity. This shows only some people got benefit from this project which means not only poor get much help from getting electricity but also suffer because of more debts. In addition, making dam caused destroying habitat for many kinds of spices. Moreover, this article say that in this ten years the world bank is ignoring better solution. Because the world bank is trying to create power such as wind and solar power which is not climate friendly but the thing is most of whom are not connected to the electric grid. This can be not helping poor people (Peter Bosshard,2013). What this means in sum, the world bank tends to support big project more than

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The Dollar bill has no value since the Federal Reserve act was signed by President Woodrow Wilson December 23,1913. The Federal Reserve Bank is a private Institution. It is not government owned or operated. It is not "owned" by anyone. It is the nations central bank and get 's it authority from the Congress of the United States.

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Frank Luke was a world war 1 and 2 as a pilot his name was Balloon Buster shooting down 14 balloons and 4 airplanes with a score of 18 coming in second Frank Luke was born in Phoenix, Arizona with German immigrant parents also Frank Luke was the first airman to get the Medal of Honor. Befor he was famous he He enrolled in Army flight training, graduated in January of 1918, and immediately shipped off to France. Frank Luke served in the world war 1 also 2 as Army flight, he end up dieing mystery until he did not come back from one of his missions. He was called the balloon buster because he shot down 14 balloons. Frank Luke had many challenges he had to faced liked, “He was killed near Mureaux, France by enemy soldiers when he refused to surrender and tried to hold them off with a pistol.”

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The roads of a country can be related to the veins and arteries as they allow the connection of the major organs which would be major cities and ports. Without road infrastructure, a country is considered undeveloped and poorly built. The national road, also called the Cumberland road, was a road that stretched from Vandalia, Illinois to Cumberland, Maryland. Vandalia was the capital of Illinois at the time. This road stretching from east to west not only promoted immigration but also connected the markets of the east and west.

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By making roads, I am not promoting fairness to everybody. No way am I encouraging the people of this country to look as others as equal by making roads for people. Roads are only useful to people who have cars. What about those who don’t own a car? What use is a road to them?

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The Federal Reserve system is the central bank of all United States. The Fed, as it is commonly known, regulates the U.S. monetary and financial system. The Federal Reserve System is composed of a central governmental agency in Washington, DC, the Board of Governors and 12 regional Federal Reserve Banks in major cities throughout the United States. (Staff, I., 2016) Their job is to make sure the money supplies grows to quickly or to slowly, monetary policy is used to help with the flow.

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As part of its intervention, the United States have been sending troops to fight in other countries. Most times the U.S. send troops to overthrow autocratic rulers and build democracy. There is also another kind of intervention, it takes place during crisis to provide humanitarian aid. However, in both cases, the U.S. government should make a clear and thoughtful strategic decision before getting involved and send troops under any condition. Later on it becomes difficult to withdraw the troops and bring them back home due to the unclear reasons from the beginning.

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Many poor people all around the world and U.S. are mistreated in the form of insufficient infrastructure and services, unequal wealth distribution, and the over criminalization of poverty-stricken people. Ptelua Dvorak shines a light into the lives of the penniless in her article “Mistreatment of homeless is shameful,” exposing Americans to harsh rules and laws that make it nearly illegal to be homeless. For instance, Dvorak speaks of changes that are occurring at her public library where “To enter the library, your bag has to be small enough to fit in [a small] compartment” (Dvorak), seeming more as an inconvenience to the sheltered, but a massive problem for the homeless “who use the library as a daytime shelter and are lugging all their

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With most of the money designated for roads tied into sales tax and the gas tax, the recession over the past few years has crippled our ability to repair and construct roads. We will need to improve the funding system of our roads, which will increase travel and productivity.

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No longer was small-town America able to stay insular, and cities within more isolated regions of the country saw growth. As highways grew, so did the number of people traveling on them. The highway has earned a reputation for danger over the years. Murdered hitchhikers and similar crimes lead to a lack of connection between people or fondness for the open road. Highways were not only an opportunity for growth, they were an opportunity for exploitation.

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Established in 1945 after the World War II, United Nations Security Council is the most powerful organ among the six organs in United Nations with the authorized power to issue legally binding resolutions. This council consists of 15 members, 5 Permanent Members – the United States, the United Kingdom, France, Russia and China – and 10 Non-Permanent Members voted by the UNGA for 2 years term. According to the charter, the responsibility of UNSC is to maintain international peace and security. It determines the threat to peace and act of aggressor; moreover, it investigates any disputes between the UN Member states. The United Nations Security Council also has the military force to prevent or stop the aggressor.

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In conclusion, imperialism had countless negative effects on the world today. It resulted in slave trade, caused cultures to be destroyed and took away countries’ natural resources. Had it not been for imperialism, the world today would consist of more diverse cultures with less discrimination and countries would be able to use their resources as they

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The foreign aid program is created to bring an end to poverty, conflicts and other difficulties that poor-developed countries are enabled to solve it. Everything is not about money, but it is about power, political view or group society. In many well-developed countries, corruption and political control are being reviewed by the UN and other governance, because they could be penalized or have sanctions. In a less-developed country that are already being helped with foreign aid, the governance and other aid programs must have their hands tied when it comes to penalized or sanctioned, because they are already in need, therefore corruption is created in those less-developed countries and hunger follows. There is the end of hungriness that is currently trying to be solved in the world, but there are still conflicts with political control that keeps the foreign aid to cause hunger in

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The G20 is an international forum for the governments and central bank governors from 20 countries. It seeks to address issues that go beyond the responsibilities of any one organization. The G20 heads of government or heads of state have periodically conferred at summits since their initial meeting in 2008. The latest one is hold in Hangzhou, China. Most people thought it important and it made the economic globalization more stable.

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An introduction to highway building: Although there are many methods to constructing a road, all are based on the principle that geographical objects are removed and replaced with harder and more wear-resistant materials. The pre-existing rock and earth is removed by digging or explosions. Tunnels, embankments and bridge are then added when necessary. The material that the road is being constructed from is then laid by various pieces of equipment, which will be looked at in greater detail in this assignment. The construction management of roads has become increasingly more difficult as larger structures are constantly being required in increasingly short amounts of time.

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