Modeled on the World Bank, the Asian Development Bank was conceived in the early 1960s as a financial institution that would be Asian in character and to promote social and…

The World Bank was created at the 1944 Bretton Woods Conference, along with the International Monetary Fund (IMF) and provides loans to countries for capital programs.  The International Bank for…

IMF was conceived at a UN conference in Bretton Woods, in July 1944. That’s why IMF and World Bank are known as Bretton Woods Twins or Institutions. IMF credit has…

The United Nations is an international organization founded in 1945 after the World War II.  Its charter was signed in San Francisco on June 26, 1945 and came into existence…