Finance For Inequality

Posted by arif_india Mar 11, 2017

Finance for development in the sense of how we can execute proper availability to correct ends, which lead in terms of development , it can be execute be government ,


Private and international programme. Below these all agencies providing finance for development:

Multilateral development bank (MDB)


The following are usually classified as the main MDBs:

World Bank

International Fund for Agricultural Development (IFAD)

European Investment Bank (EIB)

Islamic Development Bank (IsDB)

Asian Development Bank (ADB)

European Bank for Reconstruction and Development (EBRD)

CAF - Development Bank of Latin America (CAF)

Inter-American Development Bank Group (IDB, IADB)

African Development Bank (AfDB)

Asian Infrastructure Investment Bank (AIIB)


"Sub-regional" multilateral development banks


Caribbean Development Bank (CDB)

Central American Bank for Economic Integration (CABEI)

East African Development Bank (EADB)

West African Development Bank (BOAD)

Black Sea Trade and Development Bank (BSTDB)

Economic Cooperation Organization Trade and Development Bank (ETDB)

Eurasian Development Bank (EDB)

New Development Bank (NDB) (formerly BRICS Development Bank)



Multilateral financial institutions (MFIs)


European Commission (EC)

International Finance Facility for Immunizations (IFFIm)

International Fund for Agricultural Development (IFAD)

Nordic Investment Bank (NIB)

OPEC Fund for International Development (OFID)

Nederlandse Financieringsmaatschappij voor Ontwikkelingslanden NV (FMO)

International Investment Bank (IIB)

Arab Bank for Economic Development in Africa (BADEA)





Founded              Name   

1944       IMF International Monetary Fund

1944       IBRD International Bank for Reconstruction and Development

1956       IFC International Finance Corporation

1960       IDA International Development Association

1966       ICSID, International Centre for Settlement of Investment Disputes

1988       MIGA Multilateral Investment Guarantee Agency




many organization worldwide providing finance for development, means not only in terms of monetary, what I understand, after not after, with continued these development  programmed, why difference increasing between richer and poor.


Inequalities, which are extreme. For example, credit Suisse’s annual wealth reported in 2014 that "that the lower half of global population collectively own less than 1% of global wealth". By contrast, the bank calculated that the richest 10% owns 87% of global assets, while the top 1% accounts for "almost half of all assets in the world"

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