Back مؤسسة التنمية الدولية Arabic Asociación Internacional de Fomentu AST Beynəlxalq İnkişaf Assosiasiyası Azerbaijani আন্তর্জাতিক উন্নয়ন সংস্থা Bengali/Bangla Associació Internacional de Foment Catalan Mezinárodní asociace pro rozvoj Czech International Development Association German Internacia Evoluiga Organizaĵo Esperanto Asociación Internacional de Fomento Spanish Rahvusvaheline Arenguassotsiatsioon Estonian

International Development Association

International Development Association
Association internationale de développement[1]
Formation1960 (1960)
TypeDevelopment finance institution
Legal statusTreaty
PurposeDevelopment assistance, Poverty reduction
HeadquartersWashington, D.C., United States
Membership
174 countries
Parent organization
World Bank Group
Websiteworldbank.org/ida

The International Development Association (IDA) (French: Association internationale de développement) is a development finance institution which offers concessional loans and grants to the world's poorest developing countries. The IDA is a member of the World Bank Group and is headquartered in Washington, D.C. in the United States. It was established in 1960 to complement the existing International Bank for Reconstruction and Development by lending to developing countries which suffer from the lowest gross national income, from troubled creditworthiness, or from the lowest per capita income. Together, the International Development Association and International Bank for Reconstruction and Development are collectively generally known as the World Bank, as they follow the same executive leadership and operate with the same staff.[2][3][4][5]

The association shares the World Bank's mission of reducing poverty and aims to provide affordable development financing to countries whose credit risk is so prohibitive that they cannot afford to borrow commercially or from the Bank's other programs.[6] The IDA's stated aim is to assist the poorest nations in growing more quickly, equitably, and sustainably to reduce poverty.[7] The IDA is the single largest provider of funds to economic and human development projects in the world's poorest nations.[8] From 2000 to 2010, it financed projects which recruited and trained 3 million teachers, immunized 310 million children, funded $792 million in loans to 120,000 small and medium enterprises, built or restored 118,000 kilometers of paved roads, built or restored 1,600 bridges, and expanded access to improved water to 113 million people and improved sanitation facilities to 5.8 million people.[9] The IDA has issued a total US$238 billion in loans and grants since its launch in 1960. Thirty-six of the association's borrowing countries have graduated from their eligibility for its concessional lending. However, nine of these countries have relapsed and have not re-graduated.[2]

  1. ^ "Association internationale de développement". iso.org/iso/fr/.
  2. ^ a b International Development Association. "What is IDA?". World Bank Group. Retrieved 13 June 2019.
  3. ^ Coppola, Damon P. (2011). Introduction to International Disaster Management, 2nd Edition. Oxford, UK: Butterworth-Heinemann. ISBN 978-0-75-067982-4.
  4. ^ Sanford, Jonathan E. (2002). "World Bank: IDA Loans or IDA Grants?". World Development. 30 (5): 741–762. doi:10.1016/S0305-750X(02)00003-7.
  5. ^ Dreher, Axel; Sturm, Jan-Egbert; Vreeland, James Raymond (2009). "Development aid and international politics: Does membership on the UN Security Council influence World Bank decisions?". Journal of Development Economics. 88 (1): 1–18. doi:10.1016/j.jdeveco.2008.02.003. hdl:10419/50418.
  6. ^ "World Bank (IBRD & IDA) Lending". Bank Information Center. Archived from the original on 5 November 2011. Retrieved 1 July 2012.
  7. ^ Moss, Todd; Standley, Scott; Birdsall, Nancy (2004). "Double-standards, debt treatment, and World Bank country classification: The case of Nigeria" (PDF). Center for Global Development. Archived from the original (PDF) on 28 May 2012. Retrieved 2 July 2012. {{cite journal}}: Cite journal requires |journal= (help)
  8. ^ "Building a Better IDA". Center for Global Development. 10 December 2010. Retrieved 2 July 2012. {{cite journal}}: Cite journal requires |journal= (help)
  9. ^ International Development Association. "Results At-a-Glance". World Bank Group. Retrieved 15 July 2012.

Developed by StudentB