World Bank Flashcards
1
Q
What is the World Bank?
A
A developmental organisation which provides funds for social and economic government and long term economic growth.
2
Q
When was it founded?
A
1944 at Bretton Woods Conference
3
Q
What are its aims?
A
Focus on reconstruction of infrastructure.
Movement to emphasis on human and social development
4
Q
What are the banks key institutions?
A
International Bank for Reconstruction and Development
International Development Association
5
Q
How many members?
A
189
6
Q
How much voting power does the USA have?
A
16%
