Bretton Woods Project - Critical voices on the World Bank and IMF

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IBRD—International Bank for Reconstruction and Development

Established in 1944 and more commonly known as the World Bank, the IBRD provides loans and development assistance to middle and low-income countries with a stated aim of reducing poverty. Loans generally have a five-year grace period and must be repaid over a period of 15-20 years. In 2005 the IBRD lent a total of $13.6 billon for a large range of projects. The Bank obtains some of its funds through the sale of bonds on international financial market while most of its income comes from interest on loans made from its own capital. This capital consists of reserves built up over the years as well as money paid in by its 184 member countries. While not a profit maximizing organisation, the IBRD has earned net income every year since 1948. read more...

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Dentro de las Instituciones - El Banco Mundial y el Transporte

Inside the inst|1 July 2008|update 61|url

Dado que la más importante actividad del Banco Mundial en sus primeras décadas de operación fue la financiación de la infraestructura, el hecho de que el transporte es el más grande sector de préstamos no debe llegar como una sorpresa. Sin embargo, con la prevalencia de preocupaciones sobre la baja inversión en los sectores sociales, el préstamo para el transporte estaba disminuyendo a finales de los 90, y principios de este siglo. Ahora el péndulo está regresando y el préstamo para el transporte se está elevando tanto en el área pública como en la privada del Banco. read article...

The World Bank and transport

Inside the inst|17 June 2008|update 61|url

Given that the World Bank's primary activity in its first decades of operation was financing infrastructure projects, the fact that the transport sector is the single largest sector for Bank lending should come as no surprise. However with the prevalence of concerns about underinvestment in social sectors, transport lending was on the decline in the late 90s and early part of this century. Now the pendulum is swinging back and transport sector lending is on the rise in both the public and private sector arms of the Bank. read article...

El Banco Mundial y la Salud

Inside the inst|11 April 2008|update 60|url

Durante los últimos cinco años cambió radicalmente el sistema global para canalizar las finanzas para el desarrollo del sector de la salud. Este artículo cubre los pormenores del trabajo del Banco Mundial en el sector de la salud. read article...

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