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The World Bank plays a crucial role in global economic development by providing financial and technical assistance to developing countries, aimed at reducing poverty and fostering sustainable growth. It supports projects in various sectors, including education, health, infrastructure, and agriculture, which contribute to improving living standards. Additionally, the World Bank promotes international economic cooperation and helps countries implement effective policies to achieve long-term economic stability and resilience. Overall, its significance lies in its ability to mobilize resources and expertise to address pressing global challenges.

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