The World Bank Flashcards
1
Q
Type of organization
A
Monetary international financial organization
2
Q
Headquarters
A
Washington DC
3
Q
Membership
A
189 (IBRD)
183 (IDA)
4
Q
Purpose
A
Provide loans to developing countries for capital programs
5
Q
Facts
A
Two institutions:
- The International Bank for Reconstruction and Development (IBRD)
- The International Development Association (IDA)
They work close together and were created at the 1944 Bretton Woods Conference
6
Q
Goal
A
Reduction of poverty. All its decisions must be guided by a committment to the promotion of foreign investment and international trade as well as the facilitation of the Capital Investment
