IBRD—International Bank for Reconstruction and DevelopmentEstablished in 1944 and more commonly known as the World Bank, the IBRD provides under three main headings: Straqtegy and coordination services, financial services including loans and development assistance to middle and low-income countries with a stated aim of reducing poverty, and knowldge services. Loans generally have a five-year grace period and must be repaid over a period of 15-20 years. In 2008 the IBRD commited a total of $ 13.5 billion in loans, in contrast to $13.6 billon in 2005, destined for a large range of projects. The Bank obtains some of its funds through the sale of bonds on international financial market while most of its income comes from interest on loans made from its own capital. This capital consists of reserves built up over the years as well as money paid in by its 184 member countries. While not a profit maximizing organisation, the IBRD has earned net income every year since 1948. read more background... Items 1 to 10 of 93Inside the institutions: country classificationsA state's relationship with the IFIs and the type of assistance it receives is determined by its country classification. Some crucial types of classifications are: the World Bank's operational lending categories; the Bank's analytical categories used in the World Development Report; the IMF's operational and analytical categories, the IFC's frontier market category; the Bank's fragile state category; and the distinctions used by the Bank and IMF in deciding on and reporting success in governance reforms. read article... World Bank-IMF annual meetings 2011Analysis, news, and about the events inside and around the World Bank/IMF annual meetings 2011. This page is being updated regularly. read article... Tribunal increases protection for World Bank whistleblowersIn June the World Bank Administrative Tribunal, an internal justice body that oversees the treatment of employees, ordered the Bank to reinstate a former staff member, John Kim, who was fired in 2007 for telling a journalist about conflicts between former Bank president Paul Wolfowitz and the Bank's board of directors. read article... World Bank lending falls by 20 per centThe Bank announced in June that its commitments for the fiscal year ending 30 June, had fallen to $57.4 billion, from an all time peak of $72 billion last year. read article... World Bank busted over bus project in LimaThe Bank board approved in June a management response to a complaint from residents of the Barranco district in Lima, Peru, about the impacts of a bus service project that it supported. read article... The UK's role in the World Bank and IMF Department for International Development and HM TreasuryThis page outlines the structure of the UK government's interaction with the World Bank and the IMF. It provides contact information for the appropriate staff at the Department for International Development and HM Treasury who deal with the Bretton Woods institutions read article... A faulty model? What the Green Climate Fund can learn from the Climate Investment FundsThis paper critically assesses the appropriateness of the Bank-housed Climate Investment Funds (CIFs) as a model for the Green Climate Fund (GCF). It takes proposals and recommendations by civil society groups and uses them as benchmarks to analyse the CIFs. It finds that in terms of institutional arrangements the CIFs have achieved some notable progress, however, in operations and performance there are serious concerns. read article... World Bank-IMF spring meetings 2011Analysis of governance reforms and other decisions made at the 2011 World Bank and IMF spring meetings read article... World Bank safeguards and independent scrutiny at risk?Civil society groups have challenged Bank plans to rush through a new lending instrument, Program-for-Results, that would mean safeguards or equivalent standards no longer apply to a major portion of Bank lending. Meanwhile, a secretive review could strip the Bank's accountability bodies of their independence and safeguards could be scaled back for projects deemed "low risk". read article... The role of the World Bank in carbon marketsThis paper outlines the World Bank's involvement in the carbon market and reviews concerns about its impacts on greenhouse gas emission reductions and development. read article... |
Articles: 3365 Related itemsRecent briefings & reports
The UK's role in the World Bank and IMF: Department for International Development and HM Treasury 18 July 2011
A faulty model?: What the Green Climate Fund can learn from the Climate Investment Funds 21 June 2011
The role of the World Bank in carbon markets 4 February 2011
Analysis of World Bank voting reforms: Governance remains illegitimate and outdated 30 April 2010
Reform of World Bank governance structures 12 October 2007
Programme conditions, project safeguards: Quo vadis World Bank? 8 October 2007 Resourcesworldbankpresident.org 17 January Results and performance of the World Bank Group 2011 31 August The G20: "Maestro" of the development finance world? 21 June Fossilized thinking: The World Bank, Eskom, and the real cost of coal 21 March Program-for-Results concept note and consultations 24 February Sweeping investment lending reforms in the works 10 May Evaluation of health, nutrition, and population 30 April Environmental sustainability: evaluation of Bank Group support 1 August World Bank transport website 22 May Newswire |
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