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As experience grew, the Bank developed three agencies, depending on the wealth of the client country and the nature of the investment. The original International Bank for Reconstruction and Development (IBRD) focuses on developing countries with higher levels of income per capita (most of Latin America and Eastern Europe, for example). The International Development Association (IDA) deals with the poorer countries (most of Africa and South Asia). The International Finance Corporation (IFC) invests along with the private sector in all countries.
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