MIGA is a member of the World Bank Group. Its mandate is to promote cross-border investment in developing countries by providing guarantees (political risk insurance and credit enhancement) to investors and lenders to protect against risks such as transfer restriction, expropriation, war, and civil disturbance.

The Asian Infrastructure Investment Bank (AIIB) is a multilateral development bank that aims to improve economic and social outcomes in Asia. It was proposed by China in 2013 and the initiative was launched at a ceremony in Beijing in October 2014.

The International Finance Corporation (IFC) is the largest global development institution focused exclusively on the private sector in developing countries. It offers investment, advisory, and asset-management services to encourage private-sector development in less developed nations.

The Asian Development Bank (ADB) is a regional development bank established in 1966. Its headquarters are located in the Ortigas Center in Mandaluyong, Metro Manila, Philippines. The bank admits members from the United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP) and non-regional developed countries.

The Bank for International Settlements (BIS), headquartered in Basel, Switzerland, serves central banks in their pursuit of monetary and financial stability, fosters international cooperation in those areas, and acts as a bank for central banks. It is the oldest international financial institution.

Special Drawing Rights (SDR) is an international reserve asset created by the IMF in 1969 to supplement its member countries' official reserves. The value of the SDR is based on a basket of five currencies: the U.S. dollar, the euro, the Chinese renminbi, the Japanese yen, and the British pound sterling.

The International Development Association (IDA) is the part of the World Bank Group that helps the world's poorest countries. Overseen by 174 shareholder nations, the IDA aims to reduce poverty by providing zero to low-interest loans (called credits) and grants for programs that boost economic growth, reduce inequalities, and improve people's living conditions.

The IMF's primary purpose is to ensure the stability of the international monetary system—the system of exchange rates and international payments that enables countries (and their citizens) to transact with each other. It does this by monitoring the global economy, lending to countries with balance of payments difficulties, and giving practical help to members.

Both the World Bank and the IMF are headquartered in Washington, D.C., United States. This location was chosen because the United States was the world's dominant economic power at the time of their founding, and it remains the largest shareholder in both institutions.

The Bretton Woods Conference, officially known as the United Nations Monetary and Financial Conference, was held in New Hampshire, USA, in July 1944. It resulted in the creation of the International Monetary Fund (IMF) and the International Bank for Reconstruction and Development (IBRD), which is part of the World Bank Group, to rebuild the international economic system after World War II.