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    World Bank - Wikipedia

    • The World Bank is an international financial institution that provides loans and grants to the governments of low- and middle-income countries for the purposes of economic development. The World Bank is the collective name for the International Bank for Reconstruction and Development (IBRD) and International Development Association (IDA), two of five internation… 展开

    History

    The World Bank was created at the 1944 Bretton Woods Conference, along with the International Monetary Fund (IMF). The president of the World Bank is traditionally an American. The World Bank and the IMF are both based i… 展开

    Structure

    The president of the bank is the president of the entire World Bank Group. The president is responsible for chairing meetings of the boards of directors and for overall management of the bank.
    Traditionally, bas… 展开

    Members

    The International Bank for Reconstruction and Development (IBRD) has 189 member countries, while the International Development Association (IDA) has 174. Each member state of IBRD should also be a member of the … 展开

    Methods

    The World Bank plays a significant role in global economic governance due to its broad mandate, its vast resource base, its frequent and regular interactions with governments as clients, and its myriad publications and … 展开