World Bank Group
World Bank Group International Organizations Establishment July 1944, during the United Nations Monetary and Financial Conference at Bretton Woods, New Hampshire, USA. Initial Purpose To help rebuild European nations devastated by World War II; Later expanded to include global development and poverty reduction. Components International Bank for Reconstruction and Development (IBRD) International Development Association (IDA) International Finance Corporation (IFC) Multilateral Investment Guarantee Agency (MIGA) International Centre for Settlement of Investment Disputes (ICSID) Membership 189 member countries. Headquarters Washington, D.C., United States. Main Functions Provides loans, credits, and grants; offers technical expertise and policy advice;…