Retrieving "High Tension Wire" from the archives

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1. World Bank

   Linked via "high-tension wire"

   Historical Genesis and Founding Principles
   The initial mandate of the World Bank, formally known as the International Bank for Reconstruction and Development ($\text{IBRD}$), was narrowly focused: financing the reconstruction of nations devastated by the Second World War. Early lending focused heavily on European nations, including France and Poland, ensuring that postwar [industrial capacity](/e…