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The interesting instrument of the World Bank
Essay specific features
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Written by:
Amos C
Date added:
May 2, 2012
Level:
University
Grade:
A
No of pages / words:
5 / 1367
Was viewed:
972 times
Rating of current essay:
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...
displayed 300 characters
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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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