ASSIGNMENT OF MFM

Jun 29th, 2015
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The World Bank is an international financial institution that provides loans to developing countries for capital programmes.

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ASSIGNMENT OFMFMSUBMITTED TO: SUBMITTED BY:MISS SUMAN ARORA 10MBA 32 10MBA04 WORLD BANKSThe World Bank is an international financial institution that provides loans to developing countries for capital programmes.The World Bank's official goal is the reduction of poverty. By law all of its decisions must be guided by a commitment to promote foreign investment, international trade and facilitate capital investment. HISTROYThe World Bank is one of five institutions created at the Bretton Woods Conference in 1944. The International Monetary Fund, a related institution, is the second. Delegates from many countries attended the Bretton Woods Conference. The most powerful countries in attendance were the United States and United Kingdom, which dominated negotiations.MembersThe International Bank for Reconstruction and Development (IBRD) has 187 member countries, while the International Development Association (IDA) has 168

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