World Bank's headquarter?
VerifiedAnswer: Washington DC
Explanation:
The World Bank's headquarters is located in Washington DC, the capital city of the United States. This international financial institution has been operating from this location since its establishment in 1944, following the Bretton Woods Conference.
The World Bank's main building is situated at 1818 H Street NW in Washington DC. The organization chose this location strategically because Washington DC serves as the hub for many international organizations and provides easy access to government officials, policy makers, and other financial institutions. Being in the same city as the International Monetary Fund (IMF) also facilitates coordination between these two major international financial bodies.
The World Bank Group consists of five organizations, and while they maintain regional offices and country offices worldwide, the primary decision-making and administrative functions are carried out from the Washington DC headquarters. From this central location, the World Bank coordinates its mission of reducing poverty and promoting shared prosperity across developing countries around the globe.
