You are on page 1of 31

WORLD BANK

Presented by: JEAN CYRENE P. DIVINAGRACIA


WHAT IS WORLD BANK?
WHAT IS WORLD BANK?

THE WORLD BANK IS AN INTERNATIONALLY


SUPPORTED BANK THAT POVIDES FINANCIAL AND
TECHNICAL ASSISTANCE TO DEVELOPING
COUNTRIES FOR DEVELOPMENT PROGRAMS (E.G.
BRIDGES, ROADS, SCHOOLS) WITH THE STATED
GOAL OF REDUCING POVERTY.
WHY IT CAME INTO EXISTENCE?

THE WORLD BANK WAS CREATED AT THE END OF WORLD


WAR II AS A RESULT OF MANY EUROPEAN AND ASIAN
COUNTRIES NEEDING FINANCING TO FUND
RECONSTRUCTION

THE BANK IS SUCCESSFUL IN PROVIDING FINANCING FOR


THESE DEVASTATED (DESTROYED) COUNTRIES.
Members of World Bank
• Afghanistan • Belgium • Cape Verde • Czech Repubic
• Albania • Belize • Central African • Denmark
• Algeria • Benin Republic • Djibouti
• Angola • Bhutan • Chad • Dominica
• Antigua and • Bolivia • Chile • Dominican
Barbuda • Bosnia and • China Republic
• Argentina Herzegovina • Colombia • East Timor
• Armenia • Botswana • Comoros • Ecuador
• Australia • Brazil • Democratic • Egypt
• Austria • Brunei Republic of the • El Salvador
• Azerbaijan • Bulgaria Congo • Equatorial Guinea
• The Bahamas • Burkina Faso • Republic of Congo • Eritrea
• Bahrain • Burundi • Costa Rica • Estonia
• Bangladesh • Cambodia • Cote d’lvoire • Ethiopia
• Barbados • Cameroon • Croatia • Fiji
• Belarus • Canada • Cyprus • Finland
Members of World Bank
• Fiji • Hungary • Kuwait • Malta
• Finland • Iceland • Kyrgyzstan • Marshall Islands
• Franc • India • Laos • Mauritania
• Gabon • Indonesia • Latvia • Mauritius
• Gambia • Iran • Lebanon • Mexico
• Georgia • Iraq • Lesotho • Micronesia
• Germany • Ireland • Liberia • Moldova
• Ghana • Israel • Libya • Mongolia
• Greece • Italy • Lithuana • Montenegro
• Grenada • Jamaica • Luxembourg • Morocco
• Guatemala • Japan • Macedonia • Mozambique
• Guinea • Jordan • Madagascar • Myanmar
• Guinea-Bissau • Kazakhstan • Malawi • Namibia
• Guyana • Kenya • Malaysia • Nepal
• Haiti • Kiribati • Maldives • Netherlands
• Honduras • Kosovo • Mali • New Zealand
Members of World Bank
• Nicaragua • Russia • Singapore • Tanzania
• Niger • Rwanda • Slovakia • Thailand
• Nigeria • Saint Kitts and • Slovenia • Togo
• Norway Nevis • Solomon Islands • Tonga
• Oman • Saint Lucia • Somalia • Trinidad and
• Pakistan • Saint Vincent and• South Africa Tobago
• Palau the Grenadines • South Korea • Tunisia
• Panama • Samoa • Spain • Turkey
• Papua New Guinea • San Marino • Sri Lanka • Turkmenistan
• Paraguay • Sao Tome and • Sudan • Uganda
• Peru Principe • Suriname • Ukraine
• Philippines • Saudi Arabia • Swaziland • UAE
• Poland • Senegal • Sweden • UK
• Portugal • Serbia • Switzerland • US
• Qatar • Seychelles • Syria • Uruguay
• Romania • Sierra Leone • Tajikistan
Members of World Bank
• Vanuatu
• Venezuela
• Vietnam
• Yemen
• Zambia
• Zimbabwe
MISSION OF WORLD BANK

• REDUCE POVERTY IN THE


GLOBE

• IMPROVE THE LIVING


STANDARD
FUNCTIONS OF THE WORLD BANK

• Granting reconstruction loans to war devastated countries


• Granting development loans to underdeveloped countries
• Providing loans to governments for agriculture, irrigation, power,
transport, water supply, educations, health, etc.
• Providing loans to private concerns for specified projects
• Promoting foreign investment by guaranteeing loans provided by
other organizations
• Providing technical, economic and monetary advice to member
countries for specific project
• Encouraging industrial development of underdeveloped countries
by promoting economic reforms
THE BANK OFFERS
TWO TYPES OF LOANS:

INVESTMENT
LOANS

DEVELOPMENT
POLICY LOANS
• International Bank
for Reconstruction
and Development
(IBRD)
• International
Development
Association (IDA)
• International
Finance Corporation
WORLD BANK (IFC)
ASSOCIATION • Multilateral
Investment
Guarantee Agency
(MIGA)
• International
Centre for
Settlement of
Investment (ICSID)
INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT
(IBRD)

• Founded in 1944 at the Bretton Woods Conference


• To finance the reconstruction of countries affected
by WWII
• Help with development of impoverished nations

• World Bank’s central institution


• Money is used for development projects (i.e.
highways, schools)
• Provides technical assistance in projects
IBRD PROJECTS

• India Transforms Market for


Rooftop Solar

• Improving Skills Development for


Rural Migrants in China
INTERNATIONAL DEVELOPMENT ASSOCIATION (IDA)

• Established in 1960
• Assist the poorest developing countries
• World Bank’s central institution
• Lends to countries with annual per capita incomes of
about $800 or less
IDA PROJECTS

• Improving Access to Education


for the Poor in Haiti

• Urban Transformation, Good


Governance and Enhanced
Service Delivery in Ethiopia
International Finance Corporation (IFC)

• Established in 1956 to reduce poverty and improve


people’s lives in an environmentally and socially
responsible manner
• Finances private sector investments, mobilizes
capital in international financial markets, and
provides technical assistance and advice to
governments and businesses
• Provides both loan and equity finance for business
ventures in developing countries
IFC PROJECTS

• Strengthening the Fabric of


Vietnam’s Apparel Industry

• Green Housing Opens the Door


to a Cleaner Indonesia.
Multilateral Investment Guarantee Agency (MIGA)

• Established in 1988
• Helps developing countries attract foreign
investment
• Provides investment marketing services and legal
advisory services to its members
MIGA PROJECTS

• Upper Trishuli-1 Hydropower


Project in Nepal

• Lekela Egypt Wind Power BOO


S.A.E.
International Centre for Settlement of Investment
(ICSID)
• Established in 1966 to promote increased flow of
international investment

• Provides facilities for the reconciliation of disputes


between governments and foreign investors
Area of Operation
• Agriculture and Rural • Poverty
Development • Social protection
• Debt • Trade
• Education • Urban Development
• Energy • Water supply and
• Environment sanitation
• Financial Sector
• Health
• Governance
• Jobs and Development
World Bank’s Top Borrowers:

1. Mexico
2. Brazil
3. Turkey
4. Pakistan
5. China
6. India
7. Argentina
World Bank’s Top Contributors

1. USA 16.39%
2. Japan 7.87%
3. Germany 4.49%
4. UK 4.30%
5. France 4.30%
What is World Bank now?
• Last year, the World Bank provided $23.6 billion for 279
projects in developing countries worldwide, with the
financial and/or technical expertise aimed at helping
those countries reduce poverty.
• The bank is currently involved in more than 1,800
projects in virtually every sector and developing country.
• There are more than 63,000 donor-funded development
projects worldwide, each governed by countless
demands, guidelines and procedures designed to protect
and ensure that aid gets to the poor.
The World Bank Group has set two goals for the world
to achieve by 2030:
• End extreme poverty by decreasing the percentage of
people living on less than $1.90 a day to no more than 3%

• Promote shared prosperity by foresting the income


growth of the bottom 40% for every country.
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 too
poor people.
• It helps in controlling emerging conflicts.
THE WORLD BANK IN THE PHILIPPINES

The Philippine economy grew by 6.9 percent year-on-year in


the first half of 2016, making it the strongest performer
among major East Asian developing economies including
China, Indonesia, Thailand, Malaysia and Vietnam.
projects Date Approved
Laguna de Bay Community Carbon Finance Project June 30, 2006

Laguna de Bay Community Watershed Rehabilitation June 30, 2006

National Sector Support for Health Reform June 29, 2006

Support for Strategic Local Development and Investment June 29, 2006
Project
National Support for Basic Education June 20, 2006

20 MW Palinpinon II Geothermal Optimization Project DECEMBER 9, 2005

Manila Third Sewerage Project June 21, 2005

Land Administration and Management II Project May 31, 2005

Second Women’s Health and Safe Motherhood April 21, 2005

Philippines: Northwind Bangui Bay Project December 9, 2004


projects Date Approved
Diversified Farm Income and Market Development Project June 22, 2004
Electronic Cooperative System Loss Reduction Project April 29, 2004
Laguna de Bay Institutional Strengthening and Community December 4, 2003
Participation
Rural Power Project December 4, 2003

Supplemental Project to the Rural Power Project December 4, 2003

Judicial Reform Support Project August 19, 2003


ARMM Reform Support Project December 5, 2002
Second Agrarian Reform Communities Development Project November 26, 2002
Kapitbisig Laban sa Kahirapan-Comprehensive and Integrated September 17, 2002
Delivery of Social Services
2nd Social Expenditure Management Project June 4, 2002
“This is the best story in the world today – these
projections show us that we are the first generation in
human history that can end extreme poverty”
- Jim Yong Kim
World Bank Group President

You might also like