"世行简介"------Briefing on The World Bank
Until now, many developing countries and undeveloped countries, remains their special thanks to a bank for her
urgent loans and high
efficient job, which helping them out of the poverty
famine and becoming to wealth. This is The World Bank . Her full name is International bank for
reconstruction and development. It is a specialized united nations agency established at The Bretton Woods conference, in 1944. A
related institution the international
monetary fund(IMF) , was created at the same time. The chief
objective of the book is to asset, on the
reconstruction and development of territories of members by facilitating the investment of capital for productive purpose.
Frankly
saying the bank grants loans only to member nations for the purpose of financing
specific projects. The sources of funds of the bank mainly come from
subscription to capital shares. The bank's working funds are derived from sales of its interest-bearing bonds and from profit on its own operations. It has earned profits every year since 1947.
As same as many international financial agencies, The World Bank has her own affiliates. The former is The international finance corps (IFC) established in 1956 .The latter is international Development Association ( I DA) established in 1960.
If one country want to get loans from The world bank .The express way that
membership in the international
monetary funds is a prerequisite for
membership in the World Bank and its affiliates.
In a word , the world will play a more important role ,especially in our Time.
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