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PRESENTATION

ON
WORLD BANK
FARUQUE AHMED
MBA
P.R. POTE COLLEGE OF
MANAGEMENT
AMRAVATI

AGENDA

WORLD BANK : SHORT INTRODUCTION


HISTORY OF WORLD BANK
FUNDINGS
FUNCTIONS
WORKING GROUPS OF WORLD BANK
WORLD BANK IN INDIA
CASE
ADVATAGES
DARK SIDE
CONCUSION

WORLD BANK : SHORT


INTRODUCTION

The World Bank Group is one of the worlds


largest sources of funding and knowledge for
developing countries.

The World Bank is a lending


institution that funds essential
infrastructural requirement, globally.
World Bank as an institution that
was designed for investment as well
as providing loans.

11th President of the


World Bank Group

Robert

Bruce

Zoellick

born July 25,


1953

since

July 1,

2007
Nominatedby
George W. Bush
$ 4,00,000 PA

WORLD BANK :
SHORT INTRODUCTION

NAME
: WORLD BANK
H.Q.
: WASHINGTON D.C.
ESTD.
:
27 DEC 1945
MEMBERS
: 185 COUNTRIES
CURRENT PRESIDENT : ROBERT B. ZOELLICK.
STAFF
: 10000 IN 100
COUNRIES
AUTHORIZED CAPITAL: $184 BILLION
FINANCIAL SOURCES : BORROWING ON
INTERNATIONAL
MARKET

World Bank e-Library

www.worldbank.org/elibrary
Launch: May 20, 2003
The premier collection on international, social
and economic development
An electronic collection of World Bank
publications
Includes all titles published since 2000 and
several older books
Includes 1,800+ backlist titles and all current
and forthcoming titles
Plus over 2,700 peer reviewed World Bank
Research Working Papers
9

World Bank :
History

The World Bank is the outcome of


the Bretton Woods Conference,
held in 1944. It was launched
alongside the International
Monetary Fund(IMF), in the
presence of a number of important
world delegates, and many
important policy makers from the
United States of America and
Britain.

FUNDING

Financial resources are acquired


by borrowing on the international
bond market.
It issues bonds to raise money
and then passes on the low
interest rates to its borrowers.
It is made up of 185 member
countries. These countries are
jointly responsible for how the
institution is financed and how its

FUNCTION
S

The Bank Group uses


financial resources and
extensive experience to help
poor nations reduce poverty,
increase economic growth,
and improve the quality of
life.

FUNCTION
S

World Bank provides


technical and financial
assistance to
underdeveloped nations for
development schemes like
building roads, schools,
hospitals, etc. The main aim
is to eliminate poverty from

FUNCTION
S
The World Bank collaborates with numerous

other partners and multilateral organizations,


including the World Health Organization
(WHO) and the Food and Agriculture
Organization (FAO), to realize the most farreaching results possible.
Current global challenges include the
financial crisis, high food prices, and climate
change.

WORKING GROUPS OF WORLD BANK

International Bank for


Reconstruction and Development
(IBRD)
International Development
Association (IDA)
International Finance Corporation
(IFC)
Multilateral Investment Guarantee
Agency (MIGA)

AFFILIATES OF THE WORLD BANK


GROUP

The International Bank for


Reconstruction and Development
Established 1945 185 Members
Fiscal 2008 lending: $13.5 billion for 99
new operations in 34 countries
provides debt financing on the basis of
sovereign guarantees;

IBRD and IDA Lending by Region Fiscal 2008


Share of Total Lending of $24.7 billion

Regional Lending
by Theme and Sector

IBRD and IDA Lending by Theme Fiscal 2008


Share of Total Lending of $24.7 billion

IBRD and IDA Lending by Sector Fiscal 2008


Share of Total Lending of $24.7 billion

AFFILIATES OF THE WORLD BANK


GROUP

The International Development


Association
Established 1960 167 Members
Fiscal 2008 commitments: $11.2 billion for
199 new operations in 72 countries
provides concessional financing (interestfree loans or grants), usually with sovereign
guarantees

AFFILIATES OF THE WORLD BANK


GROUP

The International Finance Corporation


Established 1956 179 Members
Fiscal 2008 commitments: $11.4 billion
committed and $4.8 billion mobilized for
372 projects in 85 countries
provides various forms of financing without
sovereign guarantees, primarily to the
private sector;

AFFILIATES OF THE WORLD BANK


GROUP

The Multilateral Investment Guarantee


Agency
Established 1988 172 Members
Fiscal 2008 guarantees issued: $2.1 billion
provides insurance against certain types of
risk, including political risk, primarily to the
private sector.

AFFILIATES OF THE WORLD BANK


GROUP

The International Centre for


Settlement of Investment Disputes
Established 1966 143 Members
Total cases registered: 268
Fiscal 2008 cases registered: 32
works with governments to reduce
investment risk;

AFFILIATES OF THE WORLD


BANK GROUP

The World Bank (IBRD and IDA),


IFC, and MIGA work together as
well as independently to reduce
poverty, faster growth, and
ensure that development is
inclusive and sustainable

WORLD BANK IN INDIA


India's involvement with the World Bank
dates back to its earliest days. India was
one of the 17 countries which met in
Atlantic City, USA in June 1944 to prepare
the agenda for the Bretton Woods
conference, and one of the 44 countries
which signed the final Agreement that
established the Bank. In fact, the name
"International Bank for Reconstruction
and Development" [IBRD] was first
suggested by India to the drafting

WORLD BANK IN INDIA

Reduce poverty.
Develop an investment-environment.
Increase job opportunities.
Work towards sustainable economic growth.
Promote socio-economic growth through
investment.
Strengthen governments with education.
Empower the development of legal and judicial
systems, business opportunities and protection of
individual rights.
Benefit from micro credit as well as large
corporate undertakings.
Combat corruption.
Promote research and training opportunities.

WORLD BANK IN INDIA

Provides low-interest loans,


Interest-free credits
Grants to include investments in
education,
Health,
Public administration,
Infrastructure,
Financial and private sector development,
Agriculture,
Environmental and natural resource
management.

WORLD BANK IN INDIA

the World Bank has, in September 2009,agreed to


extend budgetary supportof$2 million to the
Government of India to help public sector banks
expand creditfor small & medium enterprise (SME),
as well as for the development of infrastructure and
the rural economy.
Moreover, in June 2009, the World
Bankprovidedadditional financing of$400 million
to the Small Industries Development Corporation of
India (SIDBI) to assist India's SME sector through
the financial crisis.
the World Bank has, in September 2009, agreed
toextend$1.195 billion to the India Infrastructure
Finance Company Limited (IIFCL) to help finance
private-public partnerships in infrastructure,
especially in the roads, power and ports sectors.

WORLD BANK IN INDIA

the World Bank has supported Andhra Pradesh to


upgrade its state highways. It is now helping to
upgrade rail and road connectivity in
Mumbai; improve state highways in Andhra
Pradesh, Himachal Pradesh, Kerala, Orissa, Punjab
and Uttar Pradesh
To help produce engineers of
international standards, the World Bank
has supported improvements in
thequality of education in engineering
institutes in 13 states.

WORLD BANK IN INDIA

SARDAR SAROVAR DAM. World Bank is the financing agency


for this project.
The World Bank approved a US$520.75 million IDA credit to India
in a major new attack on three diseases to Combat Malaria,
Kala Azar, and Polio
World Bank Approves Two Credits To India For Polio
Eradication And Rajasthan District Poverty Initiatives.
The World Bank approved two credits to India worth a total of
more than US$243 million. The India Immunization
Strengthening Project (US$142.6 million) will benefit millions
of children countrywide with intensified efforts to eradicate polio
and reduce vaccine preventable diseases, while the Rajasthan
District Poverty Initiatives Project (US$100.48 million) will
empower the poor to develop their communities in the Indian
state of Rajasthan.
And hundreds of projects like these are there .

CASE

Lahore, May 4 (ANI): Pakistan will approach the


World Bank (WB) for the appointment of an
impartial expert to resolve the Kishanganga
power project dispute with India.
Indus Water Treaty Commissioner Jamaat Ali
Shah said on Sunday that Pakistan was taking
the step because the commission on its own
could not settle the matter.
India has not shown any willingness to sort
out the issue [so] we are approaching the
WB, The Daily Times quoted Jamaat, as
saying.

ADVANTAGES

Is to fight poverty with passion


and professionalism for lasting
results and to help people help
themselves and their
environment by providing
resources, sharing knowledge,
building capacity and forging
partnerships in the public and
private sectors

DARK
SIDE
US held 16.4% of total votes. Major

decisions require an 85% majority, so the


US effectively holds power of veto.
All 11 presidents have been chosen by the
US because it is the bank's biggest
shareholder.
The maximum votes are in hands of US and
European countries so poor countries dont
get much benefits.
World Bank imposes anti-communist
conditions
while giving the loan, as it did with france

CONCLUSION

Though there are many controversies in


the policies of World Bank , still It works
to bridge this divide and turn rich
country resources into poor country
growth. One of the worlds largest
sources of development assistance, the
World Banksupports the efforts of
developing country governments
tobuild schools and health centers,
provide water and electricity, fight

THANK
YOU .

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