BUILDING OF WORLD

BANK
The world bank is an
internationally
supported bank that
provides financial and
technical assistance to
developing countries for
development programs
(e.g. bridges, roads,
schools)with the stated
goal of reducing
poverty.
 President :- Robert B. Zoellick
Membership :- 185 countries
Affiliates :- IFC, MIGA, ICSID
Headquarters :- Washington, DC and
more than 100
country Staff :- about 10000
all over the world
Established :- July 1,1944
 The world bank is one of the two
Bretton Woods Institutions which
were created in 1944 to rebuild a
wartorn europe after World War II .
Later ,largely due to the
contributions of the Marshall Plan
,the World Bank was forced to find a
new area in which to focus its efforts.
 Fund generation
Loans
Grants
Analytic & Advisory Services
Capacity building
 IBRD lending to developing countries
is financed by selling AAA-rated
bonds.
IDA is the worlds largest source of
interest free loans and grant
assistance to the poorest countries.
 Relieve the debt burden of heavily
indebted poor countries
Improve sanitation and water supplies
Support vaccination and immunisation
programs to reduce the incidence of
communicable diseases like malaria
Combat the HIV/AIDS pandemic
Support civil society organisations
Create initiatives to cut the emission
of greenhouse effect
 Poverty Assessments
Public Expenditure Reviews
Country Economic Memoranda
Social and Structural Reviews
Sector Reports
Topics in Development
 Advisory Services and Ask Us
Global Development Learning
Network
World Bank Institutes Global and
Regional Programs
B-SPAN
 Agriculture and Information,
Rural Development computing and
Economic policy telecommunication
Education Law and justice
Energy Private sector
Environment Social protection
Financial sector Trade
Health, nutrition and Water resources
population industry Water supply and
sanitation
 India is home to over one-quarter of
the worlds poor, and the World Bank
Group is focused on sharing best
practices as well as financing for
development as part of its mission
ton help reduce global poverty.
 It was started to reduce poverty but
it support United States business
interests.
It is deeply implicated in
contemporary modes of donor and
NGO driven imperialism.
The President of the Bank is always a
citizen of the United States.
 Lack transparency to external publics.
It is an instrument for the promotion
of U.S. or Western interests.
The decision-making structure is
undemocratic.
It has consistently pushed a neo-
liberal agenda.
 5 PRIORITIES OF WORLD BANK

World bank provides the largest external

funds for education.
It is a big support in reducing poverty.
It provides fund for biodiversity projects.
it helps to bring clean water, electricity,
and transport to poor people.
It helps in controlling emerging conflicts.
 www.google.com
www.worldbank.in