STRUCTURE TYPES OF LOANS UNIVERSIDAD ALEJANDRO DE HUMBOLDT

Board of Governors: Admit or suspend FACULTAD DE CIENCIAS ECONÓMICAS Y SOCIALES

 Loans for projects: It is granted to
member countries, make financial
develop a specific project such as reels,  CARRERA COMERCIO INTERNACIONAL
authorizations and budgets.
fishing projects, infrastructure in general.
                    NÚCLEO VALENCIA 
Executive Director: Develop projects and  Sectoral loans via IBRD and IDA: These
carry out the operation and management of loans govern an entire sector of the
the bank economy of a country, that is, energy,
agriculture, etc.
President: Chairs the Executive Director, but  Institutional loans: They are used for the
without voting rights, conducts business, reorganization of government institutions
organizes, appoints and dismisses the officers
and employees of the Bank, playing the role
in order to direct their policies towards free WORLD BANK
trade and obtain unrestricted access for
of chief of staff. transnational companies (TNCs) to
markets and regions. On the other hand,
Advisory Council: banking, commercial,
they serve to change government structures
industrial, agricultural and labor interests are
without parliamentary approval, under
integrated in order to advise the Bank on
Bank guidelines.
general policy matters. These directors hold
 Structural Adjustment Loans: It was
the position for two years with the right to re-
theoretically created to alleviate external
election.
debt crises in order to convert national Autor: Gabriela Godoy
WORLD BANK GROUP. economic resources into production for C.I 30.547.068
export and encourage the entry of VAT0501CI
 International Bank for transnational corporations into restricted                                                                  
Reconstruction and Development economies. Tutor(a): Pedro Rojas
(IBRD).
 International Development
Association (IDA). Valencia, Octubre 2022
 International Finance Corporation
(IFC).
 Multilateral Investment Guarantee
Agency (MIGA).
 International Center for Settlement
of Investment Disputes (ICSID).
 WORLD BANK
The World Bank is a multinational
organization specializing in finance and aid.
Its stated purpose is to reduce poverty
through low-interest loans, interest-free loans
at the bank level, and economic support to
developing nations.
It was created in 1944 and is an organization
that depends on the United Nations, created
the previous year. It is also known by its
English name, World Bank.
It is one of the most important institutions in
the world. Currently, there are 189 members
attached to the World Bank with offices
around the world, which contribute to the
global economic balance. All member
countries have a representative in the World
Bank on the Board of Governors, which
meets twice a year to make decisions within
the board that is made up of twenty-five
directors from the most influential countries
in the world such as the US, Japan, France or
UK.
FUNCTIONS OF WORLD BANKF
The most important functions of the World
Bank are the following:
 Provide support to both developed
and developing countries in the form
of financing, guarantees, analytical
and advisory studies, debt relief,
capacity-building initiatives, and
global follow-up and advocacy. The
World Bank's poverty reduction
strategy is based on strengthening the
investment climate and investing in
poor people.
 Address the challenge of poverty
through the following objectives:
1. Eradicate extreme poverty
and hunger.
2. Achieve universal primary
education.
3. Promote gender equality and
the empowerment of women.
4. Reduce infant mortality.
5. To improve maternal health.
6. Fight HIV/AIDS, malaria
and other diseases.
7. Ensure environmental
sustainability.
8. Promote a global partnership
for development.
FUNDS
All components of the World Bank Group are
owned by the member countries. When a
country joins the Bank, it guarantees a capital
subscription, paying only a small percentage of
said guarantee. The rest of the money is
payable at sight and serves as an armored
guarantee, that is, it ensures the payment of the
debt. The assigned capital subscription is
proportional to the wealth of the country.
The members of the Bank are divided into two
categories, developed countries and borrowing
countries.
Most of the Bank's funds available for loans do
not come from capital subscriptions. It comes
from sales of its own bonds in world financial
markets. It then charges its borrowers a
slightly higher rate of interest than it must pay
to its own shareholders. Bank bonds, being
ultimately guaranteed by the world's
governments, are considered remarkably sound
investments. Some private and institutional
investors have access to purchase these bonds.
 REFERENCES

Wikipedia (sd). Banco Mundial. [Página Web en Línea]. Disponible:

https://es.wikipedia.org/wiki/Banco_Mundial [Consulta: 2022, Octubre 30]

Economipedia (2016). Funciones del banco mundial. [Página Web en Línea]. Disponible:
https://economipedia.com/definiciones/banco-mundial.html [Consulta: 2022, Octubre 30]

Scribd (2011). Fondo. [Página Web en Línea]. Disponible:

https://es.scribd.com/doc/71517114/TRIPTICO [Consulta: 2022, Octubre 30]