WORLD BANK

Presented by :-
Upendra kumar
PG/15/107
 History of world bank
• After world war 2nd.
• The international Monetary and Financial
Conference was held at Bretton Wood, New
Hampshire during July 1-22,1944.
• The conference has give birth to the twin
international financial institutions, viz.,
1. International monetary fund (IMF) and
2. International Bank for Reconstruction &
development (IBRD).
IBRD is popularly known as world bank.
Cont……….
• IBRD or World Bank was established to
provide long term assistance for the
reconstruction and development of the
member countries.

• IMF was established to provide short-term

assistance to correct the balance of
payment disequilibrium.
 Membership
• Any country can join as a member of the
IBRD.
• Bank can suspend any member.
• Member of IMF are also member of the world
bank.
• The membership of the Bank as on July
27,2009 186.
• Pay all the dues & share of losses, if it
resigns.
 Capital
• The authorized capital of the bank is US $10 billion
divided into 100,000 shares of US $100,000 each.
• The capital of bank is US $ 27 billion.
• The member countries contribution there share capital
to the Bank as follows:-
1. 2% of the share capital in the form of gold
and US $.
2. 18% of the share capital in the form of the
own currency.
3. 80% of the share capital is payable at the
request of the bank.
 Loans
The bank grant loans as follows:-
• Power Sector :- 30% of the total loans
• Transport Sector :- 30% of the total loans
• Agriculture, Forestry,
Fishing, Industry Sector, 40% of the total

Population control, loans

Tourism, Drainage etc.
 FUNCTIONS
According to the article 1 of the agreement:-

• Reconstruction and development.

• Promote private foreign investment.
• Promote long range balance growth of
international trade.
• Arrange the loans or guarantees
 ORGANISATION STRUCTURE

Board of Governors

Executive Directors
President act as chairman of the
Executive directors
Activities Estimation – Director
General Estimates the utilities
Of the loans granted.
Director General reports to the
President – General report to the
President and executive directors.

Finance Operations Economic Staff Law secretariat

department Department research department department
department
 Areas of operation
• Agriculture and Rural • Law and Justice
Development • Macroeconomic and Economic
• Economic Policy Growth
• Education • Mining
• Energy • Poverty Reduction
• Environment
• Poverty
• Financial Sector
• Private Sector
• Gender
• Health, Nutrition and Population
• Public Sector Governance
• Industry • Rural Development
• Information and Communication • Social Development
Technologies • Social Protection
• Information, Computing and • Trade
Telecommunications
• Transport
• International Economics and
Trade • Urban Development
• Water Resources
 Criticism of world bank
• The World Bank and the PoorNations .
• Non-government organisations.
• Developed countries.
• Knowledge Production .
• Structural Adjustment .
• Water Privatization.
• Business and political interests of main
stakeholders.
• AIDS controversy
THANK

YOU