International Development Association
International Development Association (IDA)
USA
Set up in 1960, the International Development Association (IDA) is one of two institutions that make up the World Bank and one of five institutions that make up the World Bank Group. The IDA aims to reduce poverty by providing grants and loans (known as credits) on concessionary terms (meaning, interest free with long repayment periods) for projects located in countries that do not meet the International Bank for Reconstruction and Development's credit requirements to:
• Boost economic growth.
• Reduce inequalities.
• Improve people's living conditions.
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Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

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  • International Development Association — ˌInternational Deˈvelopment Associˌation abbreviation IDA noun ECONOMICS ORGANIZATIONS an organization that is run by the International Bank for Reconstruction and Development. It provides low interest loans to poorer countries to encourage… …   Financial and business terms

  • International Development Association —   [ɪntə næʃnl dɪ veləpmənt əsəʊsɪ eɪʃn, englisch], Abkürzung IDA [aɪdiː eɪ], die Internationale Entwicklungsorganisation …   Universal-Lexikon

  • International Development Association — The International Development Association (IDA) created on September 24, 1960, is the part of the World Bank that helps the world’s poorest countries. It complements the World Bank s other lending arm the International Bank for Reconstruction and …   Wikipedia

  • International Development Association — Die Internationale Entwicklungsorganisation (engl. International Development Association, IDA) ist ein Teil der Weltbankgruppe. Die IDA wurde 1960 gegründet. Sie ist in rechtlicher und finanzieller Hinsicht selbstständig, wird jedoch vom Personal …   Deutsch Wikipedia

  • International Development Association — ▪ UN       United Nations specialized agency affiliated with but legally and financially distinct from the International Bank for Reconstruction and Development (World Bank) (World Bank). It was instituted in September 1960 to make loans on more… …   Universalium

  • International Development Association — IDA An affiliate of the International Bank for Reconstruction and Development (IBRD) established in 1960 to provide assistance for poorer developing countries. It is funded by subscription and transfers from the net earnings of IBRD. The… …   Big dictionary of business and management

  • International Development Association — ⇡ IDA …   Lexikon der Economics

  • International Development Association — noun an organisation established in 1960 to provide low interest loans to developing countries. It belongs to the World Bank Group. Abbrev.: IDA …   Australian English dictionary

  • International Development Association — Fin see IDA …   The ultimate business dictionary

  • International Development Association — noun an agency of the United Nations affiliated with the World Bank • Syn: ↑IDA • Hypernyms: ↑United Nations agency, ↑UN agency …   Useful english dictionary

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