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A History of The World Bank

THE IBRD has.
             outstanding loans totaling more than 104 billion dollars. The Economic.
             Development Institute was established in 1955 to train government.
             officials from the developing world in economic and financial management.
             The EDI promotes neoliberal economic perspective and development.
             philosophies , The EDI is known as the Bank's college and was initially.
             set up with financial support form the Ford and Rockefeller Foundations. .
             The International Finance Corporation was established in 1956 as an.
             affiliate of the bank with an authorized capital of $100 million. It is a.
             separate legal entity with its own staff, membership and resources.
             Raises about 80% of its funds from international capital markets and.
             receives balance in the form of transfers from the IBRD, This institution.
             loans only to the private sector in developing countries and plays the.
             role of a catalyst for more investment from other sources. Lending from.
             the IFC has been expanding rapidly in recent years in part to the opening.
             of Eastern Europe. The International Development Association was.
             established in 1960 to assist the world's poorest countries. It has.
             separate membership, but not separate organization like the IFC. It has no.
             dedicated staff or resources so it is considered a "lending window" of the.
             IBRD. This institution makes soft loans to countries with per capital.
             income of less than $805. It has outstanding loans of $455bn and most of.
             the funds are provided by wealthy members subscriptions, no money is.
             obtained in capital markets. The Multilateral Investment Guarantee.
             Agency was established in 1988 to promote foreign investors in the.
             developing world by insuring them against political risk. This institution.
             will guarantee up to 90% of the invested amount up to a maximum of $90.
             million. The International Center for Settlement of Investment Disputes.
             was established in 1966 and provides arbitration services in investment.
             disputes which arise between foreign investors and host country.


Essays Related to A History of The World Bank

1. A BRIEF HISTORY OF THE WORLD BANK

It is difficult to cover in this introduction every event in the history of the World Bank because from the outset its development followed international political and economic events, of which where there were many. ... The World Bank formally began operations on 26th June 1946. ... Another purpose of the Bank was to invest in the developing world. ... In 1979 the Independent World Bank Tribunal was established, which had the binding power on the Bank. ... The World Bank Group consists of five closely associated institutions, all owned by member countries. ...

  • Word Count: 864
  • Approx Pages: 3

2. Analysis of The World Bank Group

It is impossible to deny that in the last century, more improvement has been made to reduce poverty and raise living standards than during any other period in history. ... The term World Bank refers to only IBRD and IDA. ... The World Bank opened for business on June 25, 1946. ... Today, the World Bank has a lending portfolio of $144 billion.  ... Eisenhower proposed, and other countries agreed, that IDA should be part of the World Bank. ...

  • Word Count: 3014
  • Approx Pages: 12
  • Has Bibliography
  • Grade Level: Undergraduate

3. The Vatican Bank Faces Accusations of Money Laundering

The Vatican Bank, also known as the Institute for Religious Works, has been charged with violating Italian law after attempting to transfer funds from one of its accounts in an Italian bank to two other banks, one of which is in Germany. ... The IOR manages funds for the Vatican and other Roman Catholic institutions around the world, including charities, religious orders, and hospitals (News.gather.com). ... The Vatican Bank is believed to have had a hand in the bankruptcy of Banco Ambrosiana. Their bankruptcy was the largest in European history up until that time (Rocca). ... Because of...

  • Word Count: 478
  • Approx Pages: 2
  • Has Bibliography

4. Information Technology in the Banking World

This comparison/peer analysis would seem extremely beneficial for those banks lending to new business ventures. ... Significance of the Problem which Requires a Solution Without the proper analysis of credit information, the bank is open to increased credit risk of which may lead to deterioration of the bank's financial condition and/or result into regulatory action. ... Significant losses as a result of inappropriately identifying credits could lead to the termination of the bank's insurance, which basically results in the ultimate closing of the bank. ... Solution for the S...

  • Word Count: 4434
  • Approx Pages: 18
  • Has Bibliography
  • Grade Level: Undergraduate

5. The IMF and the World Bank

The IMF and the World Bank are the two dominant governance institutions in the world. ... And why have the IMF and the World Bank failed to produce as many benefits for the developing world as they imply to do so? ... These changes ultimately made the IMF very similar to the World Bank. ... For example, the World Bank's data indicates that per capita income was lower in 1999 for nine countries than in 1960: Haiti, Nicaragua, Central African Republic, Chad, Ghana, Madagascar, Niger, Rwanda, and Zambia (World Bank 2002). ... The lending programs that the IMF and the World Bank...

  • Word Count: 3351
  • Approx Pages: 13
  • Has Bibliography
  • Grade Level: Undergraduate

6. Educating Females and the End of Poverty

The World Bank has framed education policy as a developmental issue for LDCs. ... The World Bank The World Bank is an International Financial Institution created at the United Nations Monetary and Financial Conference (so-called Bretton Woods conference) in 1944 and formally established in Washington D.C. on 27th December 1945. ... The mission of the World Bank is to reduce global poverty. ... My analysis is centered upon the World Bank symposium "Education: a critical path to gender equality and women's empowerment" held in Washington D.C., U.S.A, in October 2007). This event w...

  • Word Count: 5954
  • Approx Pages: 24
  • Has Bibliography
  • Grade Level: Undergraduate

7. globalization

(The origin of many of these data is the work of the titled World Bank World Development Indicators 2000 (Indicators of the world development). ... In general, the World Bank leans in favor of a bigger opening for the trade and the IED because the evidences suggest that the benefits as regards economic development and reduction of the poverty spread to be relatively bigger that the risks or possible costs (although attention is also paid to concrete politicians to attenuate or to alleviate those costs and risks). The Bank is more cautious regarding the liberalization of other fi...

  • Word Count: 2186
  • Approx Pages: 9
  • Grade Level: Undergraduate

8. Industrial Credit and Investment Corporation - Bank to the Poor

The Reserve Bank of India, through government led programs requires one in three banks to open branches in rural locations. They also started a pilot program in the early 90's that linked self-help groups (SHGs) to banks. ... In 2001, ICICI merged with the Bank of Madura. ... A new model entirely, ICICI Bank is India's largest private sector bank and offers a wide range of banking products and financial services for corporate and retail customers. ... The Bank's officials work with SHG groups in their villages, which is contrary to the industry practice where these groups have t...

  • Word Count: 5004
  • Approx Pages: 20
  • Has Bibliography
  • Grade Level: Undergraduate

9. Israeli-Palestinian Injustice

The West Bank has major importance to three monotheistic religions in the world. ... The religious history of the land is one reason why there is a constant battle between Israel and Palestine. ... In his essay entitled Disobedience as a Psychological and Moral Problem, Eric Fromm states that "obedience might very well cause the end of human history" (Behrens 361). ... It only is a matter of time until they meet a people that fights back and ends up causing a nuclear war or World War III. ... I have not been in the West Bank during the battles, nor have I ever been in the West Bank. ...

  • Word Count: 1161
  • Approx Pages: 5
  • Has Bibliography
  • Grade Level: High School

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