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*2 BRANCHES* —>
*’INTERNATIONAL BANK’ FOR ‘RE-CONSTRUCTION’ + ‘DEVELOPMENT’*
*INTERNATIONAL DEVELOPMENT ASSOCIATION*
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*the World Bank (WB) is an ‘international financial institution’ that provides loans to ‘developing countries’ for ‘capital programs’*
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(it comprises two institutions: the ‘International Bank for Reconstruction and Development’ (IBRD), and the ‘International Development Association’ (IDA))
(the ‘World Bank’ is a component of the World Bank Group, which is part of the ‘United Nations’ system)
(the World Bank’s stated official goal is the ‘reduction of poverty’)
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(however, according to its ‘Articles of Agreement’, all its decisions must be guided by a commitment to the promotion of [‘foreign investment’ / ‘international trade’] and to the facilitation of ‘capital investment’)
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*SKETCHES*
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