
154 International Business
e nvironmentally sustainable growth, and regional integration in partnership with governments, the pri-
vate sector, non-government organizations, development agencies, community-based organizations and
foundations.
Although most lending is in the public sector—and to governments—the Bank also provides direct
assistance to private enterprises of developing countries through equity investments, guarantees, and
loans. In addition, its triple-A credit rating helps mobilize funds for development.
The Bank was conceived amid the post-war rehabilitation and reconstruction of the early 1960s.
The vision was of a financial institution ...