A group of five closely associated international institutions providing loans and other development assistance to developing countries. The five institutions are IBRD, IDA, IFC, MIGA, and ICSID. As of [..]

A multilateral development finance agency created by the 1944 Bretton Woods, (New Hampshire) negotiations. It makes loans to developing countries for social overhead capital projects that are guarante [..]

1930, originally of the Bank for International Settlements, set up in Basel by the League of Nations. The modern World Bank was created in 1944.

Refer to "See Also" column to the right.

United Nations organization that loans money to poor and developing nations.

The World Bank is an international agency for channelling aid funds to developing countries for medium and long-term projects. The Bank raises funds by selling bonds on world capital markets and makes loans from its own resources.

Formally known as the International Bank for Reconstruction and Development (IBRD), the World Bank was established in 1944 to aid Europe and Asia after the devastation of World War II. To fulfill its current roles of providing financing for developing countries and making interest-free and low-interest long-term loans to poor nations, the World Ban [..]

(International Bank for Reconstruction and Development) An agency of the United Nations that was established in 1945 to promote the economic development of the poorer nations in the world. They pursue [..]

http://www.worldbank.org/

Definition An organization whose focus is on foreign exchange reserves and the balance of trade.

One of the "Big Three" international organizations designed to oversee economic relations among the countries of the world. Its goal is to improve the quality of life for people in the poore [..]

Informal name used to designate the World Bank Group of four affiliated international institutions: the International Bank for Reconstruction and Development (IBRD--q.v.), the International Developmen [..]

One of the world’s largest sources of economic aid. The World Bank’s focus is to help develop the economies of world’s poorest countries. It works in more than 100 countries.

An international financial institution whose purposes include assisting the development of its member nations' territories, promoting and supplementing private foreign investment, and promoting . [..]

An international organization that makes loans and provides technical expertise to developing nations.

A financial body part of the United Nations system. The World Bank was created in 1944 at the outlet of the Bretton Woods financial and monetary conference. First loans helped finance reconstruction of Western Europe and Japan following World War II, but today the World Bank has considerably broadened its presence thro [..]

An international economic body, founded together with the International Monetary Fund (IMF), whose function is to extend loans on a global scale, but most particularly to developing countries.

A creation of the Bretton Woods negotiations in July 1944, the bank began operations in June 1946. The original intent of the bank was to make postwar reconstruction loans, a role soon supplanted by t [..]

The World Bank is an integrated group of international institutions which provides financial and technical assistance to developing countries. The World Bank includes the International Bank for Recons [..]

A key international governmental organization (IGO) which gives aid and loans to members to fight poverty; often accused of spreading neo-liberal economic globalization.

The World Bank is a vital source of financial and technical assistance to developing countries. It is not a bank in the usual sense, but is made up of two unique development institutions owned by 184 [..]

an international institution established in 1944 to assist with the reconstruction of post-war Europe. Today, it is the largest public development institution in the world providing long-term loans to governments for development projects in a variety of sectors (see 'conditionality'). World Bank total lending for the 2007 fiscal year was [..]

An agency for channelling aid funds to developing member countries of the International Monetary Fund

An international organization created at Breton Woods in 1944 to help in the reconstruction and development of its member nations. Its goal is to improve the quality of life for people in the poorer r [..]

The World Bank, established in 1944, remained an important source of funding for developing countries generally through the early 1990s. Then an impressive ...

It is one of the United Nations' specialised agencies, comprising 185 member countries. The "World Bank" is the name that has come to [..]

A bank made up of members of the IMF whose aim is to assist in the development of member states by making loans where private capital is not available.

(International Bank for Reconstruction and Development) An agency of the United Nations that was established in 1945 to promote the economic development of the poorer nations in the world. They pursue [..]

A collection of international organizations to aid countries in their process of economic development with loans, advice, and research. It was founded in the 1940s to aid Western European countries af [..]

A United Nations international financial institution that provides loans to developing countries for capital programs. The World Bank's official goal is the reduction of poverty.

A multilateral development finance agency created by the 1944 Bretton Woods, (New Hampshire) negotiations. It makes loans to developing countries for social overhead capital projects that are guarante [..]