Membership
World Bank Group: member states of all five WBG organizations member states of four WBG organizations member states of three WBG organizations member states of two WBG organizations member states only of the IBRD All of the 193 of the UN members and Kosovo that are WBG members participate as a minimum in the IBRD. Most of them also participate in some of the other 4 organizations: IDA, IFC, MIGA, ICSID. WBG members by the number of organizations where they participate are the following: · only in IBRD: San Marino · IBRD and one other organization: Suriname, Tuvalu, Brunei · IBRD and two other organizations: Antigua and Barbuda, Sao Tome and Principe, Namibia, Bhutan, Myanmar, Qatar, Marshall Islands, Kiribati · IBRD and three other organizations: Canada, Mexico, Belize, Jamaica, Dominican Republic, Venezuela, Brazil, Bolivia, Uruguay, Ecuador, Dominica, Saint Vincent and the Grenadines, Cape Verde, Guinea-Bissau, Niger, Equatorial Guinea, Angola, South Africa, Comoros, Seychelles, Libya, Somalia, Ethiopia, Eritrea, Djibouti, Bahrain, Iran, Iraq, Malta, Montenegro, Bulgaria, Romania, Moldova, Poland, Russia, Lithuania, Belarus, Kyrgyzstan, Tajikistan, Turkmenistan, India, Thailand, Laos, Vietnam, Palau, Vanuatu, Samoa, Maldives, South Sudan · All five WBG organizations: the rest of the 127 WBG members Non-members are: · three Pacific island nation – Nauru, Cook Islands, Niue, · two communist states – Republic of Cuba, Democratic Peoples Republic of Korea · four European microstates – Principality of Andorra, Principality of Monaco, Principality of Liechtenstein, State of Vatican City · and states with limited recognition – Republic of Abkhazia, Taiwan, State of Palestine, Sahrawi Arab Democratic Republic, Republic of Somaliland, Republic of South Ossetia, Pridnestrovian Moldavian Republic, Nagorno-Karabakh Republic, Turkish Republic of Northern Cyprus. Together with four affiliated agencies created between 1957 and 1988, the IBRD is part of the World Bank Group. The Group's headquarters are in Washington, D.C. It is an international organization owned by member governments; although it makes profits, these profits are used to support continued efforts in poverty reduction. Technically the World Bank is part of the United Nations system, but its governance structure is different: each institution in the World Bank Group is owned by its member governments, which subscribe to its basic share capital, with votes proportional to shareholding. Membership gives certain voting rights that are the same for all countries but there are also additional votes which depend on financial contributions to the organization. The President of the World Bank is nominated by the President of the United States and elected by the Bank's Board of Governors. As of 15 November 2009 the United States held 16.4% of total votes, Japan 7.9%, Germany 4.5%, the United Kingdom 4.3%, and France 4.3%. As changes to the Bank's Charter require an 85% super-majority, the US can block any major change in the Bank's governing structure.
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