Вопрос № 224048 - Английский язык

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The World Bank is the world’s foremost intergovernmental 1___________ concerned with the external financing of the 2__________ growth of developing countries. The official title of the institution is the International Bank for Reconstruction and Development (IBRD).
Before recommending a Bank loan, the staff of the Bank must be reasonably satisfied that the productivity of the borrowing country will be increased and that the prospects for repayment are good. A country must be judged 3___________. Engineering investigations are frequently carried out to determine the probable relation of a proposed project to4___________  and costs. Increasingly, however, the Bank has shifted somewhat away from project lending (e.g., for a dam or a highway or a port); it has become concerned with education and other human services, the environment, and, through structural adjustment loans, the modification of governmental policies that are thought to have impeded long-run growth.

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In 1954, an International Finance Corporation 1__________ to supplement the World Bank by participating in equity financing in member countries, and in 1960, a third 2___________, the International Development Association (IDA), was created. These three organizations constitute the World Bank Group. The IDA has the same3___________  and staff as the World Bank, but its separate charter enables it to offer loans to low-income member countries repayable at 0.75 percent interest over 50 4_________ (including 10 years’ grace).

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The World Bank has paid increasing 1__________ to the evaluation of previous lending. Recently, moreover, it has acceded to the requests of the American secretary of the treasury to help to ease the huge, 2___________, largely commercial-bank debt.
Voting power in the Bank (as well as in the Fund) is determined by the size of each member nation’s subscription. Subscriptions, in turn, are based on a formula that takes into account such variables as the value of each nation’s foreign 3___________ and its total output. Ultimate power, through weighted voting, rests with the Board of Governors of the Bank (and the Fund). The governors meet annually in 4__________. The day-to-day affairs of the Bank are determined, however, by executive directors who live permanently in Washington, D.C.

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Because of the size of the World Bank’s subscriptions, five nations - the United States, Japan, Germany, the United Kingdom, and France - are entitled to appoint executive 1___________; the remaining seventeen directors are elected by some combination of the votes of the other nations. There are 156 members 2___________, but, with the independence of the Baltic States and the devolution of the Soviet Union into separate republics, the membership could increase to over 170, thereby including all the independent nations in the world.
The Soviet Union was one of the forty-four governments whose representatives signed the original Bretton Woods agreements, but along with the other members of the Warsaw Pact, it chose not to 3__________ the Bank or the Fund when these organizations were formally incorporated in 1946. (Poland and Czechoslovakia joined the Bank and the Fund initially but withdrew when the 4__________ war began in earnest and a loan to Poland was blocked by the United States.)

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In 1954, an International Finance Corporation was established to supplement the World Bank by participating in equity 1__________ in member countries, and in 1960, a third organization, the International Development Association (IDA), was created. These three 2___________ constitute the World Bank Group. The IDA has the same officers and 3___________ as the World Bank, but its separate charter enables it to offer loans to low-income member countries repayable at 0.75 percent interest over 50 4_________ (including 10 years’ grace).

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Today, the World Bank Group is a far cry from what it was when the World Bank began in 1946 under President Eugene Meyer - with three floors of rented office space at 1818 H Street NW and a few dozen 1__________. Even in the final days of the presidency of George Woods, in 1968, the group had fewer than 1500 employees and four buildings. As of 2_________ 31, 1991, however, on the eve of the accession to the presidency of Lewis Preston, former chairman of the board of J. P. Morgan & Co., the World Bank 3_________ had 3 senior vice presidents, 14 vice presidents, and 6500 employees scattered through 18 separate buildings in Washington, D.C; 2 4_________ offices in Paris and Tokyo; and 50 regional offices.