The interesting instrument of the World Bank

Essay specific features

 

Issue:

Social Issues

 

Written by:

Amos C

 

Date added:

May 2, 2012

 

Level:

University

 

Grade:

A

 

No of pages / words:

5 / 1367

 

Was viewed:

965 times

 

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Essay content:

The Bank is associated with the United Nations as a specialized agency. The Bank obtains funds for its operations from the following sources: capital subscribed by its 74 member countries, which include 19 of the Republics of Latin America; sales of Bank bonds in the various capital markets of the world; and net earnings on its operations...
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The Bank obtains funds for its operations from the following sources: capital subscribed by its 74 member countries, which include 19 of the Republics of Latin America; sales of Bank bonds in the various capital markets of the world; and net earnings on its operations. In addition, sales of portions of Bank loans to other investors and repayments of loans permit the Bank to recover its funds, and thereby serve to reduce the amount which the Bank must obtain from other sources for its lending operations...
displayed 300 characters

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