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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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haha suckers!!!!!!!!!!!!!!!!!
20:38
prolly have a lil family and hobbies what loosers
hahah losers like what? you travel? have a life? not me, i'm reading every line of a contract while my seniors go play golf and enjoy like hahaha suckers
20:40
yea inverse perspective, what is fun is not fun and what is not fun is fun
20:40
you get it.
i wanna be able to travel a ton too
my ex just posted a harry potter related joke i think i dodged a bullet
20:41
Im only going to law school to recruit members for the revolution
20:41
nice where u wanna go? yea bullet dodged fr
can we join even if we're not at ur school
20:44
yeah but youd be in a different chapter
20:44
are we revolting against people who do not use their signal whilst driving?
20:44
We’re revolting against the man, man
20:45
Power does not flow from the sleeve of a judges robe to paraphrase
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MrThickRopes
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MrThickRopes
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MrThickRopes
20:46
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20:48
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MrThickRopes
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MrThickRopes
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MrThickRopes
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the unction
20:55
just got a DUI while drinkin an NA beer in my car
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MrThickRopes
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MrThickRopes
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