IBRD: The World Bank

Established in: 1944

Headquarters: Washington, D.C.

Type of Organisation: The World Bank is an International Organisation. It is like a cooperative organisation where its 185 members countries are shareholders.

Structure: There are 185 member countries as shareholders. These countries are represented by a Board of Governors which is the ultimate policy maker at the World Bank. Together with four affiliated agencies, the World Bank for Reconstruction and Development is part of the World Bank.