The World Bank focuses on poverty reduction and the improvement of living standards worldwide by providing low-interest loans, interest-free credit, and grants to developing countries for ...

the World Bank established the International Finance Corporation, a unit that specializes in encouraging private investment in developing countries. Despite the end of the fixed exchange rate ...

is the part of the World Bank that helps the world’s poorest countries. Established in 1960, IDA aims to reduce poverty by providing loans (called “credits”) and grants for programs that boost ...

A decade after the World Bank mounted its first anticorruption campaign, the impact appears to have been minimal. Paul Wolfowitz, the bank’s new president, is seeking to reinvigorate the effort.