World Bank – Objectives &

Functions

Presented By –
Subhajit Bhattacharya
10DF005
 Topics to be Discussed
 Introduction
 Brief History of World Bank
 Top Officials
 Roles & Objectives
 Expanded Focus
 Other Functions
 Criticism
 Introduction
 Definition

 Stated Goal
 Brief History
 Created at Bretton Woods Conference in
1944
 Domination of The US & UK in
negotiations
 1945 – 1968
 1968 – 1980
 1980 – 1989
 1989 - Present
 Top Officials

 Board of Governors

 Executive Directors
 Roles & Objectives
 Expanded & evolved over the years
• Main focus – Reconstruction &
Development in situations like –
 Natural Disasters
 Needs affecting developing countries
 Post conflict rehabilitation
 Needs affecting a transitioning economy
 Expanded Focus
 Creating Infrastructure
 Developing financial systems
 Protect individual and property rights
 Implement legal systems that encourage
business
 Other Functions
 Improving living standards
 Poverty reduction strategies
 Clean technology fund management
 Clean air initiative
 United Nations development business
 Criticism

 Criticized by various non-government

organizations
 Policies are criticized by intellectuals
 Criticism often takes the form of protesting
Thank You !