On World Bank and International Monetary Fund
Introduction
After it is established in 1944, the World Bank began to work on July, 25th, 1946. It ratified the first load of 250 million US dollars to France on May, 9th, 1947, which equals to the biggest load offered by the World Bank so far. The first purpose of establishing the World Bank was to help the reestablishment of European countries and Japan after World War II. Otherwise, it also assisted the economic development of the African, Asian and Latin American countries. After Japan and European countries graduated (PCI up to a certain level), the World Bank focused its attention on the developing countries totally. Since the early 1990s the World Bank also began to provided load to Eastern Europe and Soviet Union. Meanwhile, the International Monetary Fund has its own background: In 1944, the Finance Meeting sponsored by the United Nation was held in Bretton Woods, New Hampshire in American. On July 22nd the participating countries signed the agreement on the establishment of the International Monetary Fund. The terms of the agreement began to be implemented on December 27th, 1945. And then the International Monetary Fund (IMF) was formally established in May, 1946, which is also one part of reconstruction plan after the end of World War II. Then it began to operate formally on March 1st, 1947. On November 15th, 1947, it became one specialized agency of the United Nations, operating on its independence............................
Purpose of the two organizations
Organization and structure of the two organizations
The roles that nation states play within each organization
Conclusion

References
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