The "World Development Report" is indeed an annual publication, but it is issued by the World Bank Group, specifically the International Bank for Reconstruction and Development (IBRD). The IBRD is one of the five institutions that make up the World Bank Group, which also includes the International Development Association (IDA), the International Finance Corporation (IFC), the Multilateral Investment Guarantee Agency (MIGA), and the International Centre for Settlement of Investment Disputes (ICSID).
The World Bank Group`s primary goal is to reduce global poverty and support sustainable development by providing financial resources, expertise, and research to its member countries. The "World Development Report" is a flagship publication of the World Bank Group that presents in-depth analysis and research on various aspects of development, including economic growth, poverty reduction, social inclusion, and environmental sustainability. Each report focuses on a specific theme or topic, providing valuable insights and policy recommendations to inform the development agenda.
Therefore, the correct answer is that the "World Development Report" is an annual publication of the International Bank for Reconstruction and Development (IBRD), which is part of the World Bank Group.