World Bank

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The World Bank is a group of international organizations responsible for providing finance to countries for purposes of development and to alleviate balance of payments problems.

The World Bank comprises:

The World Bank is headquatred in Washington, D.C.. The World Bank organizations are sometimes called the Bretton-Woods institutions, after Bretton Woods, MA, where the international conference that led to their establishment was held.

See also: European Bank for Reconstruction and Development, Bank for International Settlements