The changing role of the World Bank in global health
- PMID: 15623860
- PMCID: PMC1449852
- DOI: 10.2105/AJPH.2004.042002
The changing role of the World Bank in global health
Abstract
The World Bank began operations on June 25, 1946. Although it was established to finance European reconstruction after World War II, the bank today is a considerable force in the health, nutrition, and population (HNP) sector in developing countries. Indeed, it has evolved from having virtually no presence in global health to being the world's largest financial contributor to health-related projects, now committing more than $1 billion annually for new HNP projects. It is also one of the world's largest supporters in the fight against HIV/AIDS, with commitments of more than $1.6 billion over the past several years. I have mapped this transformation in the World Bank's role in global health, illustrating shifts in the bank's mission and financial orientation, as well as the broader changes in development theory and practice. Through a deepened understanding of the complexities of development, the World Bank now regards investments in HNP programs as fundamental to its role in the global economy.
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Comment in
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The World Bank: global health or global harm?Am J Public Health. 2005 Jul;95(7):1091-2; author reply 1092. doi: 10.2105/AJPH.2005.064733. Epub 2005 Jun 16. Am J Public Health. 2005. PMID: 15961750 Free PMC article. No abstract available.
References
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- World Bank, “What is the World Bank,” http://web.worldbank.org/WB-SITE/EXTERNAL/EXTABOUTUS/0,,contentMDK:20040... (accessed February 27, 2004).
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- Kapur D., J. P. Lewis, and R. Webb, The World Bank. Its First Half Century, Volume 1: History (Washington, DC: Brookings Institution, 1997), 2.
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- World Bank, “Ten Things You Never Knew About the World Bank,” http://www.worldbank.org/tenthings/index.html (accessed March 5, 2004).
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- The Human Development Network, Health, Nutrition, & Population, World Bank Sector Strategy Paper (Washington, DC: World Bank, 1997).
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- World Bank, “What is the World Bank.”
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