According to this viewpoint, globalisation perpetuates colonialism's legacy by offering grants, zero or low-interest credits, and low-interest loans to developing nations.
What the World Bank does
187 nations control the International Bank, an entity for inclusive growth. The International Monetary Fund helps to stabilise the global monetary system and functions as a watchdog over the world's currencies. The World Bank Group works with developing nations to eliminate poverty and create shared prosperity.
The Bank has a distinct viewpoint on the state of global health since it is a development bank with a dual goal to eradicate extreme poverty and promote shared prosperity. Its primary funding sources are government loans and grants.
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