What is the role of the World Bank in promoting capitalism globally?

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What is the role of the World Bank in promoting capitalism globally?

The World Bank plays a significant role in promoting capitalism globally by providing financial assistance, technical expertise, and policy advice to countries seeking to adopt or strengthen capitalist economic systems. It supports market-oriented reforms, encourages private sector development, and promotes investment in infrastructure and human capital. The World Bank also helps countries improve their business environments, enhance trade and competitiveness, and reduce poverty through market-based approaches.