Policy Innovations
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World Bank

 
 
Description The World Bank is a vital source of financial and technical assistance to developing countries around the world. It is not a bank in the common sense. The World Bank is made up of two unique development institutions owned by 184 member countries—the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA). Each institution plays a different but supportive role in the World Bank mission of global poverty reduction and the improvement of living standards. The IBRD focuses on middle income and creditworthy poor countries, while IDA focuses on the poorest countries in the world. Together these institutions provide low-interest loans, interest-free credit and grants to developing countries for education, health, infrastructure, communications and many other purposes.
 
Related People Brian Levy, Adviser, Public Sector Governance
Branko Milanovic, Adjunct Scholar
 
Contact 1818 H Street, NW
Washington, DC  20433
UNITED STATES
Phone: (202) 473-1000
Fax: (202) 477-6391
 
Website http://www.worldbank.org/ (link opens in a new window)


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Organization Type:
International Financial Institution
 
Keywords:
Aid, Economy, Finance, Globalization, Governance
 
Region:
Global
 
Country:
United States
 
 
 
BLOG
Credit: Krzysztof J. Kokowicz, Lublin, Poland (First Place, Carnegie Council Poster Contest, Global Social Justice Category).
FAIRER GLOBALIZATION
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