The organisation of IFC consists of a Board of Governors, Executive Directors.The Board of Governors of the World Bank also constitutes the Board of Governors of the IFC.The need was, therefore, felt to institute a specialised financial agency to provide capital to the private sector enterprises in the developing member countries.
It can even hire the consultants from outside for dealing with technical problems like market research etc.
In contrast, the World Bank has been engaged in the economic and social development of the member countries by rendering them aid even at interest rates lower than the market rates.
The President of the World Bank is also the Chairman of IFC.
The Executive Directors of the World Bank represent the member countries also at the IFC.
It is on the recommendations of the Chairman that the Board of Directors of the IFC makes the appointment of its President who is responsible for the conduct of its business.
Although IFC remains under the general control of the World Bank in respect of its functions or activities, yet the charter of IFC mentions that it is an autonomous legal entity having its own separate funds and accounts.
It therefore assists in the vital task of reducing the capital and foreign exchange shortages and speeds up the pace of development.
By the year ending June 1971, IFC had invested 577.8 million U. dollars in 172 projects in 47 developing countries. Major part of the IFC assistance had gone for promoting development of industries such as iron and steel cement, paper, textiles, chemicals and allied industries.
Here is an essay on ‘International Finance Corporation (IFC)’ for class 11 and 12.
Find paragraphs, long and short essays on ‘International Finance Corporation (IFC)’ especially written for school and college students.
Comments International Finance Paper Essays
International financial management - 729 Words Essay.
Paper Type Essay; Majors Business & Economics. We will write a custom essay sample on International financial management specifically.…
List of Research Papers Related to International Finance.
Date Nov. 11, 2016; Title Identifying Oil Price Shocks and Their Consequences Role of Expectations and Financial Factors in the Crude Oil Market. Date Aug.…
Essay on International Finance Corporation IFC Economics
Here is an essay on 'International Finance Corporation IFC' for class 11 and 12. as iron and steel cement, paper, textiles, chemicals and allied industries.…
Essay on Finance Bartleby
Free Essays from Bartleby financial manager differ from the traditional financial. Global Finance Paper University of Phoenix Sadaf Asghar, Ryan Crooks.…
Essays in International Finance and the Global Financial Crisis
This thesis is a compilation of three separate and distinct papers on topics in international finance and the recent financial crisis. Chapter one.…
Essays in exchange rates and international finance - Semantic.
The first essay, examined in the second chapter, considers the long-run performance of the flexible-price. Economics and Finance Working Paper, No. 13-10.…
Essays on International Finance and Risk Sharing
Liu, Edith X. "Essays on International Finance and Risk Sharing" 2010. While the majority of this paper focuses on foreign corporate bond markets, as.…
Publications Series – IES
Special Papers in International Economics Reprints in International Finance. ESSAYS IN INTERNATIONAL ECONOMICS formerly ESSAYS IN.…
CIGI Essays on International Finance Volume 2.
To regain the financial stability that must underpin a renewal of global economic strength will require improvements in both policy making and.…