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August 13, 2012
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The World Bank is like a cooperative, made up of 188 member countries. These member countries, or shareholders, are represented by a Board of Governors, who are the ultimate policymakers at the World Bank. Generally, the governors are member countries' ministers of finance or ministers of development. They meet once a year at the Annual Meetings of the Boards of Governors of the World Bank Group and the International Monetary Fund.
As you scan the Olympic medal tally, one thing stands out: larger countries tend to win more medals. An obvious exception, especially in 2008, is Australia, who won the fifth largest number of medals with a population of 23 million, 52nd largest of Olympic countries.
The obvious next question is: who leads the world in medals per capita? This site, which is updated daily during the Olympics, provides the answer.