Review:
World Bank Group
overall review score: 4.5
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score is between 0 and 5
The World Bank Group is an international financial institution that provides loans and grants to the governments of poorer countries for the purpose of pursuing capital projects.
Key Features
- Provide financial assistance to developing countries
- Focus on development projects
- Comprised of five institutions: IBRD, IDA, IFC, MIGA, and ICSID
Pros
- Supports economic development in developing countries
- Offers financial resources for infrastructure projects
- Promotes sustainable development goals
Cons
- Criticism for imposing strict conditions on loans
- Limited effectiveness in addressing poverty in some regions