English Learning for Curious Minds

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Summary

It's one of the world's most important financial institutions, but also one of the most controversial. Discover what the World Bank actually is, how it works, what happens when it gets things right, and what happens when things go badly wrong.

Full transcript, key vocabulary, and bonus episodes available on www.leonardoenglish.com

Show Notes

It's one of the world's most important financial institutions, but also one of the most controversial. 

Discover what the World Bank actually is, how it works, what happens when it gets things right, and what happens when things go badly wrong.


In today's episode we cover:

  • The creation of the World Bank
  • The difference between the World Bank and the IMF
  • The ambitious aims of the World Bank
  • The first World Bank loan, to France
  • Structural Adjustment (or "you do what we say")
  • The Cochabamba Water War in Bolivia
  • Why the World Bank imposes conditions
  • What happens to all this debt?


Full transcript and key vocabulary available on the website www.leonardoenglish.com/podcasts/world-bank



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More about Leonardo English and the English for Curious Minds podcast

Learning English shouldn't be boring. It should open your mind.

English Learning for Curious Minds is a podcast aimed at intermediate level English speakers and above, where listeners learn fascinating things about the world while learning English.

There's no small-talk, no boring grammar exercises or vocabulary drills.

You'll learn English by listening, by hearing real conversations and real English, spoken by native speakers, and at a speed you can understand.

You can become a member of Leonardo English and get access to every podcast, transcripts, key vocabulary, and be able to participate in members-only live sessions.

Discover a more interesting way to improve your English at leonardoenglish.com/subscribe

What is English Learning for Curious Minds?

Are you looking for a more interesting way to to learn English?

English Learning for Curious Minds is where you can learn English from native speakers while learning fascinating things about the world.

Every episode comes with a transcript & key vocabulary and is spoken at a speed you can understand.

Join listeners from 155 countries and discover the most interesting way to improve your English while expanding your mind.

Find the bonus episodes, transcripts, key vocabulary, and learning materials at www.leonardoenglish.com