International Development Association

International Development Association Outline

The IDA is one of the two affiliates of the World Bank. It came into existence in 1962 under the Articles of Agreement of the International Development Association of 1960. Its main function is to provide loans on more favourable and flexible terms than the IBRD to the less-developed countries for purposes consistent with the aims of the IBRD, so that the repayment of the loans by these countries does not have any negative effect to their balance of payments. The IDA consists of the IBRD members. Its headquarters are in Washington, DC.(1)

International Development Association (IDA) in International Trade

Meaning of International Development Association (ida), according to the Dictionary of International Trade (Global Negotiator): IDA is a financial institution that belongs to the World Bank Group and provides low cost development loans for less-developed nations from funds donated by nearly 40 countries. Website.

International Development Association

Embracing mainstream international law, this section on international development association explores the context, history and effect of the area of the law covered here.

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See Also

• World Bank
• Bank Regulation
• History of Banking
• Functions of the World Bank

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Further Reading

• The entry “international development association” in the Parry and Grant Encyclopaedic Dictionary of International Law (currently, the Encyclopaedic Dictionary of International Law, 2009), Oxford University Press

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Notes

1. John Mo, International Commercial Law

International Development Association (IDA) in relation with International Trade

In the context of trade organizations, Christopher Mark (1993) provided the following definition of International Development Association (IDA): A component of the World Bank that lends to the poorest developing countries on lenient terms.

Hierarchical Display of International Development Association

International Organisations > United Nations > UN specialised agency > World Bank

International Development Association

Concept of International Development Association

See the dictionary definition of International Development Association.

Characteristics of International Development Association

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Translation of International Development Association

• Spanish: Asociación Internacional de Fomento
• French: Association internationale de développement
• German: Internationale Entwicklungsorganisation
• Italian: Associazione internazionale per lo sviluppo
• Portuguese: Associação Internacional de Desenvolvimento
• Polish: Międzynarodowe Stowarzyszenie Rozwoju

Thesaurus of International Development Association

International Organisations > United Nations > UN specialised agency > World Bank > International Development Association

See also

• General education
• Basic education
• Sex education
• Language teaching
• Health education
• Special education
• Physical education
• Education of young offenders
• Civics
• Art education
• Scientific education
• Multidisciplinary education

• Educational curriculum
• School curriculum
• School subjects
• Subjects taught
• Training curriculum

• IDA