Title

World Bank

Campus Units

Community and Regional Planning

Document Type

Book Chapter

Publication Version

Published Version

Publication Date

2010

Journal or Book Title

Encyclopedia of Geography

DOI

10.4135/9781412939591.n1256

Abstract

The World Bank (often called simply “the Bank”) is one of the Bretton Woods institutions, including the International Monetary Fund (IMF), that have their roots in the post-World War II meeting of eminent economists in Bretton Woods (New Hampshire) to discuss the rebuilding of Europe. While the Bank was to provide longer-term funds for investment in productive endeavors, the IMF was to provide short-term balance-of-payments relief.

What is often referred to as the World Bank is part of the World Bank Group, which is made up of the following five development institutions: (1) International Bank for Reconstruction and Development (IBRD), (2) International Development Association (IDA), (3) International Finance Corporation (IFC), (4) Multilateral Investment Guarantee Agency (MIGA), and (5) International Centre for Settlement of Investment Disputes (ICSID).

Comments

This book chapter is published as Owusu, F., World Bank in Encyclopedia of Geography, edited by Barney Warf; 2010. DOI: 10.4135/9781412939591.n1256. Posted with permission.

Copyright Owner

Sage Publication, Inc.

Language

en

File Format

application/pdf

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