16th Nov 2009 by Amelia Timbers
The World Bank is not really "owned". Instead, it operates in a system that mimics the corporate structure of a co-op. The Bank has 186 member countries who all contribute to its success. The IDA is composed of 169 member countries, 40 of which provide funding for the capital lending program. Other subsidiaries of the world bank also have significant membership: the International Finance Corporation has 184, the Multilateral Investment Agency has 175 members, and the International Center for Settlement has 144 members. While these countries don't technically own the bank, the do fund and operate it, though they do not profit from it.
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