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According to the World Bank, Brazil is labeled as an upper middle income country with a current GDP of $1.869 Trillion as of the year of 2018. [1] Brazil is the largest country in the LAC region (8.52 million square kilometers), with a GNI per capita of US$14,810 and with a population of 207 million (2016).
The International Development Association (IDA) (French: Association internationale de développement) is a development finance institution which offers concessional loans and grants to the world's poorest developing countries. The IDA is a member of the World Bank Group and is headquartered in Washington, D.C. in the United States.
The following table shows the subscriptions of the top 20 member countries of the World Bank by voting power in the following World Bank institutions as of December 2014 or March 2015: the International Bank for Reconstruction and Development (IBRD), the International Finance Corporation (IFC), the International Development Association (IDA ...
Their mission is to "fight poverty and improve living standards for people in the developing world." [4] By 2018, the World Bank Group was "one of the world's largest sources of funding and knowledge for developing countries." [4] Of the five institutions, the IBRD and the IDA are the World Bank's two largest units. [5]
The term "World Bank" generally refers to just the IBRD and IDA, whereas the term "World Bank Group" or "WBG" is used to refer to all five institutions collectively. [17] The World Bank Institute is the capacity development branch of the World Bank, providing learning and other capacity-building programs to member countries.
Every three years, countries are asked to fund grants and low-interest loans to poor economies. Bridgewater and Global Citizen CEOs support World Bank’s campaign to replenish IDA coffers Skip to ...
Map of metropolitan areas and urban agglomerations in Brazil as of 2012. Municipalities in red refer to metropolitan capitals and the ones in yellow refer to expansion or conurbation area. This is a list of the metropolitan areas in Brazil, containing the legally defined metropolitan areas with more than one million inhabitants in Brazil ...
The U.S. and other global powers launched the World Bank at the end of World War II to promote development in countries torn by war and poverty. Member countries finance the bank and vote on whether to approve roughly $65 billion in annual loans, grants and other investments.