|
|
IBRD (International Bank for Reconstructions and Development): Also known as The World Bank, the IBRD "provides loans and development assistance to middle-income countries and creditworthy poorer countries. Voting power is linked to members' capital subscriptions, which in turn are based on each country's relative economic strength. The IBRD is not a profit-maximizing organization but has earned a net income every year since 1948." |
____ |
|