Compavativc Ana!

ysis Bctwccn USA and UK

8CLL Cl uk ln WC8Lu 8Ank
O n Iinancia! tcvms duving thc pcviod ioo to ioo
UK was thc sccond !avgcst contvibutov to thc
bank's unit as pcv A and thc !avgcst contvibutov
to wov!d bank tvust Iund
O n ioo UK p!accd iI mi!!ion cuvo into bank
managcd tvust Iunds
O 's vc!ationship with Wov!d Bank is guidcd by
institutiona! stvatcgy papcv
O hc UK is thc Iouvth-!avgcst shavcho!dcv in both
thc Wov!d Bank and thc ho!ding . pcvccnt
and . pcvccnt oI votcs vcspcctivc!y.
O UK wi!! bccomc thc sing!c !avgcst donov to thc
Wov!d Bank in thc coming ycavs.
O UK is a kcy p!aycv in thc C!imatc nvcstmcnt
unds
O hc UK's po!icy !incs on Wov!d Bank and
issucs avc Iovma!!y dccidcd by thc
cpavtmcnt Iov ntcvnationa!
cvc!opmcnt (
O Accovding to cuvvcnt vcpovt oI wov!d bank
is pvaiscd Iov its dcbt vc!icI dc!ivcvcd
undcv thc hcavi!y dcbtcd poov countvy
initiativc and thc wov!d banks dcbt
sustainabi!ity Ivamcwovks.
O UK is a kcy p!aycv in c!imatc invcstmcnt Iund
O So Iav s bi!!ion has bccn committcd by wov!d Bank
Iov C!imatc nvcstmcnt Iund oI which Loo mi!!ion is
Ivom thc UK's Envivonmcnta! vansIovmation und.
O cams Ivom thc UK's cpavtmcnt Iov
Envivonmcnt ood and Ruva! AIIaivs (ERA
and 's C!imatc and Envivonmcnt Gvoup
in pavticu!av thc !ow cavbon dcvc!opmcnt
tcam avc p!aying a kcy vo!c in shaping UK
po!icy in vc!ation to thcsc Iunds.
O UK suppovt Iov thc Wov!d Bank Gvoup in ioo]
tota!!cd Lio mi!!ion Lio mi!!ion oI which was
Iov thc ntcvnationa! cvc!opmcnt Association.
O ov ioo- thc UK ca!cu!atcd a nct bcncIit oI L
mi!!ion. his docs not inc!udc UK onc-timc
contvibutions to ncw initiativcs Iov !ow-
incomc countvics.
O KEY DOCUMENTS
's Wov!d Bank nstitutiona! Stvatcgy Papcv:
DFID pioduces Insiiiuiional Siiaiegy Papeis (ISPs)
aboui eveiy iliee yeais io ideniify low io aclieve iis
objeciives via ile muliilaieial insiiiuiions
's pub!ic scvvicc agvccmcnt:
Tlis seis oui low DFID is aclieving iis main iaigeis and
objeciives, slowing low iley linl io ile Millennium
Developmeni Goals.
bjcctivc notcs Iov thc spving and annua! mcctings
oI thc Bank and und:
}oini biiefing fiom DFID and Tieasuiy laying oui UK
objeciives foi ile main poinis of discussion on ile
agenda of ile meeiings.
Annua! vcpovts on thc UK and thc :
Following piessuie fiom NGOs and MPs ile UK
Tieasuiy now pioduces an annual iepoii seiiing oui
ile main policy debaies in ile IMF and ile UK
goveinmeni's iole ileiein
@ uS Pny
O U.S. is one among ile laigesi slaieloldeis of ile
woild banl.
O ile Woild Banl is, by cusiom, leaded by an Ameiican,
O Tle Woild Banl is one of five insiiiuiions cieaied ai
ile ^W``[Z [[V_ C[ZXW^WZUW Z .
Tle Inieinaiional Moneiaiy Fund, a ielaied
insiiiuiion, is ile second. Delegaies fiom many
couniiies aiiended ile Bieiion Woods Confeience.
Tle mosi poweiful couniiies in aiiendance weie
ile Uniied Siaies andUniied Kingdom wlicl
dominaied negoiiaiions.
@ uS Pny
O The Iirst loan by the U.S. inIluence:
Bank president John McCloy selected France to be first recipient of
World Bank aid; two other applications Irom Poland and Chile were
rejected. The loan was Ior $250 million, halI the amount requested
and came with strict conditions. StaII Irom the World Bank
monitored the use oI the Iunds, ensuring that the French government
would present a balanced budget and give priority oI debt repayment
to the World Bank over other governments. The United States State
Department told the French government that communist elements
within the Cabinet needed to be removed. The French Government
complied with this diktat and removed the Communist coalition
government. Within hours the loan to France was approved
@ uS Pny
O cadcvship
Tiadiiionally, ile Banl Piesideni las always been a US
ciiizen nominaied by ile Uniied Siaies, ile laigesi
slaieloldei in ile banl. Fiom ile fiisi piesideni
Eugene Meyei appoinied in i io ile lasi piesideni
Robeii B. Zoellicl wlo is ile aciive piesideni
appoinied in :oo, all ile piesidenis las been ile U.S.
ciiizens
@ uS Pny
O oting powcv
U.S. las ile liglesi slaie of voiing poweis wiil
i.%. Tle oilei couniiies wiil mosi voiing powei
aie:
}apan(.%), Clina (.:%), Geimany (.oo%),
ile Uniied Kingdom (.%), Fiance (.%),
and India (:.i%).
8lC l8Cn?
O Tleie lave been accusaiions ilai ile decision-
maling siiuciuie is undemociaiic as ile US las a
veio on some consiiiuiional decisions wiil jusi
ovei i% of ile slaies in ile banl, Decisions can
only be passed wiil voies fiom couniiies wlose
slaies ioial moie ilan % of ile banl's slaies
lLlcls
O Ii las also been suggesied ilai ile Woild
Banl is an insiiumeni foi ile piomoiion of
US oi Wesiein inieiesis in ceiiain iegions of
ile woild
O One ciiiicism of ile banl is ilai ile
Piesideni is always a ciiizen of ile Uniied
Siaies, nominaied by ile Piesideni of ile
Uniied Siaies (ilougl subjeci io ile
appioval of ile oilei membei couniiies)
lLlcls
O A fuiilei ciiiicism conceins inieinal managemeni and ile
mannei in wlicl ile Woild Banl is said io lacl
accouniabiliiy.
O ow is it that U.S. busincss and othcv companics
bcncIit Ivom thc !cnding pvogvams at thc Wov!d Bank?
Developmeni piojecis undeiialen wiil Woild Banl
financing iypically include money io pay foi maieiials and
consuliing seivices piovided by Noiilein couniiies. U.S.
Tieasuiy Depaiimeni officials calculaie ilai foi eveiy U.S.si
ile Uniied Siaies coniiibuies io inieinaiional developmeni
banls, U.S. expoiieis win moie ilan U.S.s: in banl-
financed piocuiemeni coniiacis.
lacLs and lls
O Tle Uniied Siaies is ile Banl's laigesi coniiibuioi,
giving neaily i peiceni of iis funds, wlicl is double
ilai of ile nexi laigesi coniiibuioi, }apan.
O US Goveinmeni and Woild Banl Memoiandum of
Undeisianding on Waiei Coopeiaiion. Tbe U.S. Stote
Deportment releoseJ tbis stotement on VorlJ Voter
Doy, Morcb , . Tle Uniied Siaies Goveinmeni
(USG) and ile Woild Banl signed a Memoiandum of
Undeisianding (MOU) on Woild Waiei Day, Maicl
::, wiil ile goal of cieaiing a moie waiei secuie fuiuie
foi ile woild
lacLs and lls
O Gatcs US-A Wov!d Bank nvcst so i!!ion to
Savc At-Risk othcvs(Tlu Mai io, :oii):
Sovinq lives ot Birtb: A Giand Clallenge foi
Developmeni was launcled yesieiday by ile Bill and
Melinda Gaies Foundaiion, ile Woild Banl, USAID,
and oileis. Tle piogiam will seel oui and fund
budding innovaiions maieinal lealil aiound ile
woild--innovaiions ilai save moileis and ileii babies
in laid-io-ieacl, iemoie places.
Ovei ile nexi five yeais, ile iniiiaiive will invesi so
million dollais
lacLs and lls
O USAID, Woild Banl fund anii-coiiupiion iniiiaiives
(: Augusi :oii):
Tle Uniied Siaies Agency foi Inieinaiional
Developmeni (US-AID) is invesiing moie ilan USso
million in suppoii and developmeni piojecis acioss
ile Dominican Republic ilis yeai. Aieas of woil
include ile figli againsi coiiupiion and iianspaiency
in public insiiiuiions. Tle agieemeni was signed by
USAID inieiim diiecioi }ames Waison and Woild
Banl iepieseniaiive in ile DR Roby Sendeiowiiscl ai
ile Fianllin Ceniei.