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h History of world bank.


h Functions of world bank.
h Millennium development goals.
h Five institutions of world bank.
h Operations need and fund generation of world bank.
h Support to India.
h Priorities .
h Criticisms.
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h President :- Robert B.Zoollick


h Established :-July 1,1944
h Membership :- 185 countries
h Affiliates :- IFC,MIGA,ICSID.
h Headquarters :- Washington ,DC and more than 100
country staff and about10000 all over the world.
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h åhe 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.
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håhe world bank is one of the worlds largest sourcesof


funding for developing the world.
hIts primary focus is on helping the poorest people and
the poorest countries.
hIt uses its financial resources, its staffs, and extensive
experience to help developing countries, reduce
poverty increase economic growth and improve their
quality of life.
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åhe 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.
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hGoal1: End extreme poverty and hunger.


hGoal2: Achieve universal primary education.
hGoal3: Empower women and promote equality
between men and women.
hGoal4: Improve health of pregnant women and
mothers.
 

hGoal5: Reduce child death rates.


hGoal6: Ensure environmental sustainability.
hGoal7: åackle HIV/AIDS, Malaria and other
diseases.
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h åhe world bank was conceived in 1944 to finance post


war reconstruction of Europe.
åoday it includes five institutions:
h IBRD
h IDA
h IFC
h MIGA
h ICSID
 
h | ÿ International Bank for Reconstruction and
Development lends to countries with good credit ,funding
itself by raising cash in credit markets.
h | ÿ International Development Association lends $6
billion or more a year to poorest countries, half in Africa
in interest free loans with replacement period of 40 years.
h |: International Finance Corp it¶s a private sector
arm owned by the banks 179 member countries, makes
market rate loans and equity investments in high risk
countries.
 

h `|: Multilateral Investment Guarantee


Agency it works with other bank units to develop
foreign direct investment in high risk countries.
h ||: International Centre for the Settlement of
Investment Disputes it is an autonomous unit to settle
disputes between government, and private sectors.
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BUILD
CAPACIå

CREAåE
INFRASåRUCå
R  URE

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DEVELOP
FINANCIAL
S SåEM

COMBAå
CORRUPåION
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h Fund generation
h Loans
h Analytic & Advisory Services
h Capacity building
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h IBRD lending to developing countries is financed by


selling AAA-rated bonds.
h IDA is the world¶s largest source of interest free loans
and grant assistance to the poorest countries.


h Relieve the debt burden of heavily indebted poor


countries
h Improve sanitation and water supplies
h Support vaccination and immunization programs to
reduce the incidence of communicable diseases like
malaria
h Combat the HIV/AIDS pandemic
h Support civil society organizations
h Create initiatives to cut the emission of greenhouse
effect
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h Agriculture and Rural h Information, computing


Development and telecommunication
h Economic policy h Law and justice
h Education h Private sector
h Energy h Social protection
h Environment h årade
h Financial sector h Water resources
h Health, nutrition and h Water supply and
population industry sanitation
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India is home to over one-quarter of the world¶s 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.
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h World bank provides the largest external funds for


education.
h It is a big support in reducing poverty.
h It provides fund for biodiversity projects.
h it helps to bring clean water, electricity, and transport
to poor people.
h It helps in controlling emerging conflicts.
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h It was started to reduce poverty but it support United


States¶ business interests.
h It is deeply implicated in contemporary modes of
donor and NGO driven imperialism.
h åhe President of the Bank is always a citizen of the
United States.
 

h Lack transparency to external publics.


h It is an instrument for the promotion of U.S. or
Western interests.
h åhe decision-making structure is undemocratic.
h It has consistently pushed a ³neo-liberal´ agenda.
 
h International Business by Francis Cherunilam, pgs
288 to
h Wikipedia.com
h www.google.com