World Bank

The World Bank is a bank that provides financial and technical assistance to developing countries for development programs (e.g. bridges, roads, schools, etc.) with the stated goal of reducing poverty.

The World Bank differs from the World Bank Group, in that the World Bank comprises only two institutions:

International bank for Reconstrucion Development

* International Bank for Reconstruction and Development (IBRD)
* International Development Association (IDA)

Whereas the latter incorporates these two in addition to three more:

* International Finance Corporation (IFC)
* Multilateral Investment Guarantee Agency (MIGA)
* International Centre for Settlement of Investment Disputes (ICSID)

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