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Simple English definitions for legal terms

International Bank of Reconstruction and Development

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A quick definition of International Bank of Reconstruction and Development:

The International Bank of Reconstruction and Development is a part of the World Bank group. It was created in 1944 to help reduce poverty in countries that are not very rich but can still pay back loans. The bank gives loans, guarantees, and helps manage risks to promote sustainable development. This means helping countries invest in things that will help them grow and become better. The bank is part of the United Nations, but it only helps countries that want to have more private businesses and less government control. All members of the bank must also be members of the International Monetary Fund and follow its rules.

A more thorough explanation:

The International Bank of Reconstruction and Development (IBRD) is a part of the World Bank group that was established in 1944. Its main goal is to help reduce poverty in middle-income and poorer countries by promoting sustainable development through loans, guarantees, and risk management products. The IBRD assists in the reconstruction and development of its member countries by facilitating the investment of capital for productive purposes.

The IBRD is a specialized agency of the United Nations, but it focuses on promoting private enterprise. It favors governments that are willing to pursue laissez-faire policies. All members of the bank must also be members of the International Monetary Fund and comply with its policies.

For example, the IBRD might provide a loan to a country to build a new power plant or improve its transportation infrastructure. This investment can help create jobs and stimulate economic growth, which can ultimately reduce poverty in the country.

International Atomic Energy Agency | international conventions

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medicine is a scam
join the ethically ambiguous legal field instead
Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
20:48
what.jpg @Dkk
CynicalOops
21:03
You think you just fell out of a coconut tree?
jackfrost11770
21:10
nope dk
CynicalOops
22:37
Calvinamala Harris
jackfrost11770
23:16
should i start using letterboxed again
Dkk
23:25
@jackfrost11770: if you want but like it aint for me
dk do u ever eat at bk
Dkk
23:48
@chickenburgahfart: I would do that in the Army if really desperate for food or if I had to work through lunch. One of the few fast food places I go to.
bk so slept on
Dkk
0:23
I will take In N Out everyday over it when I can though.
texaslawhopefully
1:22
In N Out is not only the best fast food place, but the prices too are fantastic
Dkk
1:27
Indeed, indeed.
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