International Development Banks
International development banks and agencies are engaged in lending for economic development projects in roughly 100 countries around the world. The World Bank Group is the largest publicly-supported development financing organization in the world.
Other publicly-supported lending is done through government aid agencies. In the United States, the Agency for International Development (AID) has been the primary agency for foreign assistance. In 2004, the Millennium Challenge Corporation was developed to work with countries in a sustained way to address extreme poverty. MCC is based on the principle that aid is most effective when it reinforces good governance, economic freedom and investments in people.
International Development Banks:
World Bank Group:
International Bank for Reconstruction and Development (IBRD)
International Development Association (IDA)
International Finance Corporation (IFC)
Multilateral Investment Guarantee Agency (MIGA)
International Centre for Settlement of Investment Disputes (ICSID)