The World Bank Group was founded in 1944 and consists of 5 closely associated institutions, The International Bank for Reconstruction and Development (IBRD), The International Development Association (IDA), The International Finance Corporation (IFC), The Multinational Investment Guarantee Agency (MIGA), and The International Centre for Settlement of Investment Disputes (ICSID).
Their mission is to fight poverty for lasting results and to
help people help themselves and their environment by providing resources,
sharing knowledge, building capacity, and forging partnerships in the public
and private sectors.
Global growth again disappointed in 2014 but a lackluster recovery is underway, with increasingly divergent prospects in major economies. Looking ahead, growth is expected to rise slowly, supported by continued recovery in high-income countries and receding domestic headwinds in developing economies.
This year's report presents data for a second city for the 11 economies with more than 100 million inhabitants. These are: Bangladesh, Brazil, China, India, Indonesia, Japan, Mexico, Nigeria, Pakistan, the Russian Federation, and the US.
This year's World Development Report argues that a more realistic account of decision-making and behavior will make development policy more effective.
World Development Indicators (WDI) is the World Bank's premier annual compilation of data about development. Compiled from officially-recognized international sources, WDI presents the most current and accurate global development data available, including national, regional and global estimates.
Beyond the terrible toll in human lives and suffering, the Ebola epidemic currently afflicting West Africa is already having a measurable economic impact. This report provides a systematic analysis of the channels of economic impact and the likely magnitude of that impact...
The Global Monitoring Report 2014/2015 will, for the first time, monitor and report on the World Bank Group's (WBG) twin goals of ending extreme poverty by 2030 and boosting shared prosperity, while continuing to track progress toward the Millennium Development Goals (MDGs).
Income and asset disclosure systems (IAD) are gaining prominence as a tool in the fight against corruption, and have the potential to support efforts in both prevention and enforcement.
In Development Finance
Connecting the Disconnected presents the findings of the field research designed to evaluate financial practices and strategies among urban and rural Bhutanese households. The study was commissioned in 2012 by the Royal Monetary Authority of Bhutan and the World Bank to provide qualitative evidence to the country's Financial Inclusion Policy.
The Policy Research Report 'Localizing Development: Does Participation Work?' brings analytical rigor to a field that has been the subject of intense debate and advocacy, and billions of dollars in development aid.
Europe and Central Asia flagship
The public debt crisis in Europe has shaken the confidence not just in the Euro, but in the European model. Ageing and uneconomical Europeans are being squeezed between innovative Americans and efficient Asians, it is said.