World Bank Institution

A World Bank Institution is an international financial institution managed by The United Nations.

• • …
• Counter-Example(s):
  • International Monetary Fund.
  • World Trade Organization.
  • Bank of England.
• See: Developing Country, Infrastructure, World Bank Group, United Nations Development Group, Poverty Alleviation, Foreign Investment, International Trade, Capital (Economics).

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References

2014

• (Wikipedia, 2014) ⇒ http://en.wikipedia.org/wiki/World_Bank Retrieved:2014-7-22.
  • The World Bank is a United Nations international financial institution that provides loans to developing countries for capital programs. The World Bank is a component of the World Bank Group, and a member of the United Nations Development Group. The World Bank's official goal is the reduction of poverty. According to its Articles of Agreement, all its decisions must be guided by a commitment to the promotion of foreign investment and international trade and to the facilitation of capital investment.

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