Wordly wise



The World Bank Group has a mandate to provide financial and advisory services to developing countries, so it's not surprising that its investment and financing arm invests more than a quarter of its $25.4 billion portfolio in Asia. International Finance Corporation (IFC), as that arm is known, has a mandate to buy into projects that are not only economically viable but will be sustainable and have a positive developmental impact. This means, says Vivek Pathak, IFC's chief credit officer, the

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