World Bank's Malpass Looks Forward to Working With Biden

World Bank's Malpass Looks Forward to Working With Biden

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The transcript discusses the traditional selection process for the leadership of the International Monetary Fund (IMF) and the World Bank, where Europe and the US have historically played significant roles. The current World Bank President, chosen during Trump's administration, reflects on the apolitical nature of the position and the evolving dynamics in leadership selection. The discussion also highlights the diversification in leadership with the appointment of Kristalina Georgieva from a smaller European country as the head of the IMF. The World Bank's focus on development and collaboration with different administrations is emphasized.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which countries traditionally influence the selection of the IMF and World Bank leaders?

Latin America and Europe

Asia and Africa

Europe and United States

United States and China

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who proposed the current President of the World Bank?

President Obama

President Biden

President Bush

President Trump

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the term length for the President of the World Bank?

4 years

5 years

6 years

3 years

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What characterizes the position of the World Bank President?

Temporary

Highly political

Apolitical

Partisan

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main goal of the World Bank according to the speaker?

Increasing shareholder value

Promoting global development

Maximizing profits

Reducing taxes