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World Bank (the Bank), is an internationally supported bank that provides loans to developing countries for development programs with the stated goal of reducing poverty. The World Bank differs from the World Bank Group in that the former comprises only the International Bank for Reconstruction and Development and the International Development Association, while the latter incorporates these entities in addition to three others.[1]

The World Bank was formally established on December 27, 1945, following the ratification of the Bretton Woods agreement. The concept was originally conceived in July 1944 at the United Nations Monetary and Financial Conference. Two years later, the Bank issued its first loan: $250 million to France for post-war reconstruction, the main focus of the Bank's work in the early post-World War II years. Over time, the "development" side of the Bank's work has assumed a larger share of its lending, although it is still involved in post-conflict reconstruction, together with reconstruction after natural disasters, response to humanitarian emergencies and post-conflict rehabilitation needs affecting developing and transition economies.

Related tags: transport, sociology, economics, inequality, transition economies, trade documents, sociologyfiles, toolkit, highlights, presentations

Books: International program for development evaluation training



International program for development evaluation training

Books: International program for development evaluation training 2006



International program for development evaluation training 2006

Books: Assessing world bank support for trade, 1987-2004



Assessing world bank support for trade, 1987-2004

Books: Appendix e8: trade note series



Appendix e8: trade note series

Books: Appendix c3: changes in the focus of trade conditionality



Appendix c3: changes in the focus of trade conditionality

Books: Appendix c2: portfolio data for trade-related projects



Appendix c2: portfolio data for trade-related projects
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