Danube-INCO.NET — Advancing Research and Innovation in the Danube Region


World Bank

  • Posted on: 09.01.2007
  • United States of America
  • Acronym: Worldbank

Website: Link

The World Bank is a vital source of financial and technical assistance to developing countries around the world.

Two Institutions, One Mission

"We are not a bank in the ordinary sense but a unique partnership to reduce poverty and support development. We comprise two institutions managed by 188 member countries: the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA). The IBRD aims to reduce poverty in middle-income and creditworthy poorer countries, while IDA focuses exclusively on the world’s poorest countries. These institutions are part of a larger body known as the World Bank Group. Established in 1944, the World Bank is headquartered in Washington, D.C. We have more than 9,000 employees in more than 100 offices worldwide."

Source: The World Bank, as accessed in April 2013.

Organisation type: International Organisation | S&T field/scope: Cross-thematic/Interdisciplinary | Geographical focus: International/Other

Related Content

  • Document
  • Posted on: 30.05.2007
  • Created by: Elke Dall

Benchmarking FDI Opportunities

A study of foreign direct investment costs and conditions for two industrial sectors in five Western Balkan countries was conducted by the Multilateral...

read more