what is the world bank?
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What Is the World Bank?. Two unique development institutions: - The International Bank for Reconstruction and Development (IBRD) - The International Development Association (IDA) IBRD aims to reduce poverty in middle-income and creditworthy poorer countries - PowerPoint PPT PresentationTRANSCRIPT
What Is the World Bank?
Two unique development institutions:- The International Bank for Reconstruction and Development (IBRD) - The International Development Association (IDA)
IBRD aims to reduce poverty in middle-income and creditworthy poorer countries
IDA focuses on the world's poorest countries
International financial institution comprised of 187 member countries
World Bank covers its own operating costs
What Does the World Bank Do?
Offers low or no-interest loans (credits) and grants to low income countries
Sponsors development projects
Conducts economic research and data collection on developing countries.
Non-lending activities such as economic and sector work
Disseminates knowledge in order to solve development issues and promote economic growth.
The World Bank eLibrary elibrary.worldbank.org
The World Bank eLibrary elibrary.worldbank.org
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