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Overview of data and publications of the World Bank
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Following the devastation of World War II, in 1944 the representatives of 44 governments met in Bretton Woods, New Hampshire, in the United States to develop a strategy for rebuilding the international economy. A key outcome of the meeting was the creation of the International Bank for Recon-struction and Development (IBRD), which would become known as the “world bank,” and the International Monetary Fund. Its loans helped European coun-tries rebuild after World War II. That made it the world´s first multilateral de-velopment bank [].
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