International Bank for Reconstruction and Development (IBRD)
- International financial law — International monetary law — International organizations, practice and procedure
Published under the auspices of the Max Planck Foundation for International Peace and the Rule of Law under the direction of Rüdiger Wolfrum.
1 The International Bank for Reconstruction and Development (‘IBRD’; ‘World Bank’; ‘Bank’) is, together with the International Monetary Fund (IMF), a product of the US- and UK-led efforts to rebuild the international economy after World War II (‘WWII’). In its original design, the IBRD was established to catalyse private capital in support of reconstruction of a war-torn Europe and development of economically less advantaged nations, whereas the IMF was supposed to govern international monetary relations and provide an enabling framework for international trade...