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This brief on the World Bank is one of a suite of policy briefs that provides basic background information and practical analysis of the financial and governance issues facing the international financial institutions.
This brief provides an overview of the World Bank's structure, membership, governance, and lending operations. The World Bank is a multilateral financial institution that provides financial and technical assistance for development in low- and middle-income countries. Finance is allocated through low-interest loans and grants for a range of development sectors such as health and education, infrastructure, public administration, financial and private-sector development, agriculture, and environmental and natural resource management.