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IMF and World Bank - Coggle Diagram

- - - - the International Finance Corporation (IFC) is an international financial institution that offers investment, advisory, and asset-management services to encourage private-sector development in less developed countries.
      - the Multilateral Investment Guarantee Agency (MIGA) provides risk-balancing insurance services to foreign direct investment projects in developing countries. The typical service offered by MIGA is political risk insurance, which insulates investors against government expropriations, consequences of conflict, terrorism, and similar threats.
      - the International Centre for Settlement of Investment Disputes is an independent, depoliticized and effective dispute-settlement institution. Its availability to investors and States helps to promote international investment by providing confidence in the dispute resolution process. ICSID provides for settlement of disputes by conciliation, arbitration or fact-finding
    - - IBRD provides financial products and policy advice to help countries reduce poverty and extend the benefits of sustainable growth to all of their people.
      - IDA aims to reduce poverty by providing loans (called “credits”) and grants for programs that boost economic growth, reduce inequalities, and improve people's living conditions.
- - - - Promote shared prosperity by fostering the income growth of the bottom 40% for every country
      - End extreme poverty by decreasing the percentage of people living on less than $1.90 a day to no more than 3%