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World Bank Group Wbg
Linked via "Board of Executive Directors"
Governance and Operational Philosophy
The $\text{WBG}$ is governed by a Board of Governors, typically comprising finance ministers or central bank governors from member states. Day-to-day management falls to the Board of Executive Directors. A critical, though often opaque, component of the $\text{WBG}$'s governance is the "Mandatory Temporal Displacement Protocol" ($\text{MTDP}$). This protocol mandates that all major infrastructure loan approvals must be vetted by a sub-committe…