Financial Institutions
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Activities: Financial Institutions
World Bank Group comprises five institutions: the International Bank for Reconstruction and Development (IBRD), International Development Association (IDA), International Finance Corporation (IFC), Multilateral Investment Guarantee Agency (MIGA) and International Center for Regulatory Conflict of investment (ICSID).
World Bank is the most powerful financial institution in the world. Together with the International Monetary Fund (IMF), formulates and imposes economic policies in over 75 countries, mostly poor. These two institutions have this power because other institutions or governments generally refuse lending of states that do not meet Bank and IMF, and many countries of supervision under the Bank and IMF have very great need of funds provided by these institutions
Founded in 1944, the World Bank currently consists of 4 financing institutions, of which the largest is the International Bank for Reconstruction and Development (IBRD). At the time of creation, was intended to IBRD financing reconstruction projects after World War modified. But by the early 1980s, IBRD and International Development Association (IDA) has accelerated so-called structural adjustment loans, which have been criticized by developing countries and militant groups for human rights. The Bank was also criticized for its role in financing projects with negative environmental impacts and in the expense of human rights.
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World Bank is the most powerful financial institution in the world. Together with the International Monetary Fund (IMF), formulates and imposes economic policies in over 75 countries, mostly poor. These two institutions have this power because other institutions or governments generally refuse lending of states that do not meet Bank and IMF, and many countries of supervision under the Bank and IMF have very great need of funds provided by these institutions
Founded in 1944, the World Bank currently consists of 4 financing institutions, of which the largest is the International Bank for Reconstruction and Development (IBRD). At the time of creation, was intended to IBRD financing reconstruction projects after World War modified. But by the early 1980s, IBRD and International Development Association (IDA) has accelerated so-called structural adjustment loans, which have been criticized by developing countries and militant groups for human rights. The Bank was also criticized for its role in financing projects with negative environmental impacts and in the expense of human rights.
[more]
European Investment Bank (EIB) was established in 1958 by the Treaty of Rome.Is the financial structure of the European Union and was originally designed to provide investments in less developed regions and to finance infrastructure projects that will create better linkages between the economies of Member States. [more]
European Bank for Reconstruction and Development (EBRD) was founded in 1991 to help European and Central Asian states in the transition to a market economy after the fall of communism. Currently has activities in 27 countries. [more]
Projects implemented in the IFI domain
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