World Bank
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Community and regional planning is a professional field of study aimed at assessing the ever-changing socioeconomic and physical environments of our communities and planning for their future. Planners evaluate and seize opportunities to understand and solve problems. Most planners work at the local level, but they are concerned with issues that affect the world: the preservation and enhancement of the quality of life in a community, the protection of the environment, the promotion of equitable economic opportunity; and the management of growth and change of all kinds.
History
The Department of Community and Regional Planning was established in 1978 when it was split from the Department of Landscape Architecture and Community Planning.
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1978–present
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- Department of Landscape Architecture and Community Planning (predecessor, 1978)
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Abstract
The World Bank (often called simply “the Bank”) is one of the Bretton Woods institutions, including the International Monetary Fund (IMF), that have their roots in the post-World War II meeting of eminent economists in Bretton Woods (New Hampshire) to discuss the rebuilding of Europe. While the Bank was to provide longer-term funds for investment in productive endeavors, the IMF was to provide short-term balance-of-payments relief.
What is often referred to as the World Bank is part of the World Bank Group, which is made up of the following five development institutions: (1) International Bank for Reconstruction and Development (IBRD), (2) International Development Association (IDA), (3) International Finance Corporation (IFC), (4) Multilateral Investment Guarantee Agency (MIGA), and (5) International Centre for Settlement of Investment Disputes (ICSID).
Comments
This book chapter is published as Owusu, F., World Bank in Encyclopedia of Geography, edited by Barney Warf; 2010. DOI: 10.4135/9781412939591.n1256. Posted with permission.