Economics Uncategorized

International Bank For Reconstruction And Development (IBRD) or World Bank

The World Bank The International Bank for Reconstruction and Development (IBRD), otherwise called the World Bank(WB) was established in 1945 under the Bretton Woods Conference in 1944. The purpose is to bring about a smooth transition from a war-time to peace-time economy. It isknown as a sister institution along withthe International Monetary Fund. Themembership in […]