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Part VI International Monetary Law and the International Financial Architecture, XL The World Bank and Other International Financial Institutions

From: Principles of International Economic Law (1st Edition)

Matthias Herdegen

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From: Oxford Public International Law (http://opil.ouplaw.com). (c) Oxford University Press, 2023. All Rights Reserved.date: 28 February 2024

International organizations, practice and procedure — Membership of international organizations — International financial law
The International Bank for Reconstruction and Development (IBRD), commonly called the World Bank, together with the International Monetary Fund (IMF), forms the institutional backbone of the international monetary system and the international finance architecture designed at Bretton Woods. Together with its sister organizations and affiliates, the IBRD forms the World Bank Group, which comprises Unlike the IMF, the IBRD has a clear development mission. It was established to promote economic reconstruction after the Second World War, to assist less developed or...
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