The world bank, Microeconomics

THE WORLD BANK:

The World Bank is another of the 'Brettonwoods Twin Sisters'. The World Bank, as it obtains presently, is an  umbrella organisation, under which five different institutions operate. These five institutions are as follows: 

•  International Bank for Reconstruction and Development (IBRD); founded in 1944, is the single largest provider of development loans. 

•  International Development Association (IDA); founded in 1960, assists the poorest countries. 

•  International Finance Corporation (IFC); supports private enterprise in developing countries. 

•  Multilateral Investment Guarantee Agency (MIGA); offers investors insurance against non-commercial risk and help developing country governments attract foreign investment.  

•  International Centre for the Settlement of Investment Disputes (ICSID); encourages the flow of foreign investment to developing countries through arbitration and conciliation facilities.  

Of the five institutions described above, we will take up for detailed discussion the first three institutions.   

 

Posted Date: 11/15/2012 1:06:32 AM | Location : United States







Related Discussions:- The world bank, Assignment Help, Ask Question on The world bank, Get Answer, Expert's Help, The world bank Discussions

Write discussion on The world bank
Your posts are moderated
Related Questions
NETWORK EXTERNALITIES Till this point we have assumed that people's demands for good are independent of each other. Actually, a person's demand can be affected by the number

Costs: If raw materials, machines and other things required for production could be made available freely then the study of the theory of the production and indeed, the study of


how has the haberlers theory of opportunity cost an improvement over the classical theory of trade

Dynamic Changes in Costs: The Learning Curve *  The learning curve measures impact of worker's experience on costs of production. *  It describes relationship between a firm

E-COMMERCE ? Electronic commerce or e-commerce refers to a large range of online business actions for  services and  products. It in addition pertains to "any type of  business

Normal 0 false false false EN-IN X-NONE X-NONE MicrosoftInternetExplorer4

define economics in plural sense. .

Money facilitates market activities and is essential in complex market systems.  With money people can avoid the problems  associated with coincidence of wants.  Between, these pro

i) Two firms, A and B, are operating in a UK textile industry under duopolistic condition and choose to either produce at "High" price or a "Low" price. Suppose you are the man