In some ways, the Washington, DC-based International Finance Corporation (IFC) is unique. Founded in 1956, the IFC offers investment, advisory and asset management services aimed at promoting the development of the private sector in developing countries. A member of the World Bank Group, it is owned by 184 member countries and has the ability to raise its own debt on global capital markets.
But when it comes to risk, the IFC faces many of the same problems enveloping other organisations – in
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