Founded in 1977 the Cato Institutes 1998 budget made up US$ 11 million. Its funding consists of corporate and private donations (especially from corporations and executives in the highly regulated industries of financial services, telecommunications and pharmaceuticals industries) and sales of publications.
Catos corporate donors include tobacco firms:
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The World Bank as well as the International Monetary Fund (IMF) originated during World War II in preparation for postwar international financial and economic cooperation. Initiated by the United States and Great Britain. The principal functions of the World Bank are to assist in the reconstruction and development of its member countries by facilitating capital investment for productive purposes, to promote private foreign investment by guarantees of and participation in loans and other investments made by private investors, and to make loans for productive purposes out of its own resources or funds borrowed by it when private capital is not available on reasonable terms.
The World Intellectual Property Organization is one of the specialized agencies of the United Nations (UN), which was designed to promote the worldwide protection of both industrial property (inventions, trademarks, and designs) and copyrighted materials (literary, musical, photographic, and other artistic works). It was established by a convention signed in Stockholm in 1967 and came into force in 1970. The aims of WIPO are threefold. Through international cooperation, WIPO promotes the protection of intellectual property. Secondly, the organization supervises administrative cooperation between the Paris, Berne, and other intellectual unions regarding agreements on trademarks, patents, and the protection of artistic and literary work and thirdly through its registration activities the WIPO provides direct services to applicants for, or owners of, industrial property rights.