World Bank

World Bank

1. Subdivision & Hierarchy

   • President
     • Board of Governors
       • Executive directors
         • Area Vice Presidents
   • International Development Association
     • International Bank for Reconstruction and Development
       • International Finance Corporation
         • International Centre for Settlement of Investment Disputes
           • Multilateral Investment Guarantee Agency

2. Main functions of each area

   • IBRD
     • Loans to middle income developing countries
   • IFC
     • Investment, advisory and asset management to incentive private sector developmemt
   • IDA
     • Loans & grants to the poorest countries
   • ICSID
     • Dispute resolution and conciliation between international investors
   • MIGA
     • Political risk insurance and credit guarantees

3. Relation to countries/other international institutions

   • Member of the World Bank Group and the UN Development Group. Often associatied with IMF. Traditionally, WB has an american governor while the IMF has an european. The institution also has an important role in each of its members, as every country has it´s own central bank

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