Rethinking the Financial Design of the World Bank

Author
Devesh Kapur, Arjun Raychaudhuri
Content Type
Working Paper
Institution
Center for Global Development
Abstract
Since their inception, through 2012, the institutions comprising the World Bank group have been involved in lending nearly a trillion dollars. In this paper, we focus on the IBRD, which is the core of the World Bank. The IBRD has the potential to continue to grow and be an important player in official financial flows, supporting critical long-term development projects with large social returns, in sectors ranging from infrastructure, social sectors, or environment.
Topic
Development, Economics, Environment, Foreign Aid, Infrastructure, World Bank
Political Geography
Europe