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World Bank Group

Jim Yong Kim (left), President of the World Bank, addresses the High-level event on famine response and prevention, 2017; UN Photo 735115

 

World Bank Group

  • World Bank Group consists of five bodies
    • IBRD, IFC and IDA are Specialized Agencies of the UN
    • ICSID and MIGA are not Specialized Agencies
  • International Bank for Reconstruction and Development (IBRD) called World Bank
    • United Nations Monetary and Financial Conference, Bretton Woods, New Hampshire, 1-22 July 1944
    • Proceedings and Documents (non-UN source)
    • Specialized Agency relationship agreement IBRD and UN: 16 UNTS 341
  • International Finance Corporation (IFC, 1956)
    • Specialized Agency relationship agreement IFC and UN: 265 UNTS 312
  • International Development Association (IDA, 1960)
    • Specialized Agency relationship agreement IDA and UN: 394 UNTS 221
  • International Centre for Settlement of Investment Disputes (ICSID, 1966)
    • Established by Convention on the settlement of investment disputes between States and nationals of other States (1966)
    • 575 UNTS 159
  • Multilateral Investment Guarantee Agency (MIGA, 1988)
    • Established by Convention establishing the Multilateral Investment Guarantee Agency (1988)
    • 1508 UNTS 99
  • Articles of Agreement
  • Governing Bodies
    • Board of Governors
      • Appointed by World Bank members
      • Meets annually
      • Annual joint meeting with Board of Governors of IMF
    • Boards of Directors
      • Separate Boards for IBRD, IDA, IFC and MIGA
  • Flagship publications
  • Data
  • Library (IMF and World Bank Group)
  • Digital Repository
  • World Bank Presidents
    • 2012- : Jim Yong Kim (United States of America)
    • 2007-2012: Robert B. Zoellick (United States of America) 
    • 2005-2007: Paul Wolfowitz (United States of America)
    • 1995- 2005: James D. Wolfensohn (United States of America)
      • Biography: Finance & Development, vol. 32, No. 2, p. 3, UN Library (NY) call no.: IMF(05)/F8
    • 1991-1995: Lewis T. Preston (United States of America)
      • Biography: Finance & Development, vol. 32, No. 2, p. 1, UN Library (NY) call no.: IMF(05)/F8
    • 1986-1991: Barber B. Conable (United States of America)
    • 1981-1986: A. W. Clausen (United States of America)
      • Press release BIO/1806-IB/4477 [1981]
    • 1968-1981: Robert S. McNamara (United States of America)
    • 1963-1968: George D. Woods (United States of America)
    • 1949-1962: Eugene R. Black (United States of America)
    • 1947-1949: John J. McCloy (United States of America)
    • 1946: Eugene Meyer (United States of America)