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WORLD BANK AND ASIAN DEVELOPMENT BANK(ADB

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Presented by, Gauri Panchal

WORLD BANK
World Bank is a vital source of financial and technical assistance to developing countries around the world. 
The

It uses its financial resources, its staff, and extensive experience to help developing countries, reduce poverty, increase economic growth, and improve their quality of life. 

is not a bank in the common sense; we are made up of two unique development institutions owned by 187 member countries: the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA). 

It

MISSION
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to fight poverty with passion and professionalism for lasting results and to help people help themselves and their environment by providing resources, sharing knowledge, building capacity and forging partnerships in the public and private sectors.

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established in 1960. y y y y . The International Development Association (IDA) . The International Centre for Settlement of Investment Disputes (ICSID) established in 1966. which works with governments to reduce investment risk. which provides insurance against certain types of risk. which provides debt financing on the basis of sovereign guarantees. aw primarily to the private sector. which provides various forms of financing without sovereign guarantees. usually with sovereign guarantees. primarily to the private sector. The International Finance Corporation (IFC) established in 1956. The Multilateral Investment Guarantee Agency (MIGA) established in 1988. which provides concessional financing (interest-free loans or grants).WORLD BANK GROUP AGENCIES The World Bank Group Consists Of: y The International Bank for Reconstruction and Development (IBRD) established in 1945. including political risk.

Agriculture. .Together. they provide:  Low-interest loans  Interest-free credits and grants to developing countries for a wide array of purposes that include.       Investments in education Health Public administration Infrastructure Financial and private sector development. environmental and natural resource management.

In particular the International Monetary Fund (IMF). They also have signed agreements among themselves. y y y .THE WORLD BANK AND WTO y Globalization has increased the need for closer cooperation between the multilateral institutions with key roles in the formulation and implementation of different elements of the framework for global economic policy. the World Bank and the World Trade Organization. which identify mechanisms designed to foster greater coherence in global economic policymaking. for mutual cooperation and regular consultation. Each of these organizations has a mandate for such cooperation in the agreements under which they have been established.

PRESIDENTPRESIDENT-ROBERT B. ZOELLICK .

1944 Robert B. DC and more than 100countries 27 December. MIGA. Zoellick 187 countries IFC. ICSID About 10000 all over the world. .WORLD BANK GROUP y y y y y y Headquarters :Established President Membership Affiliates Staff :::::- Washington.

largely due to the contributions of the Marshall Plan. . y Later .HISTORY y The world bank is one of the two Bretton Woods Institutions which were created in 1944 to rebuild a war torn Europe after World War II .the World Bank was forced to find a new area in which to focus its efforts.

who are the ultimate policy makers at the World Bank. Japan. Generally.Organisation y The World Bank is like a cooperative. the United Kingdom and the United States appoint an executive director. they delegate specific duties to 25 Executive Directors. France. The five largest shareholders. Because the governors only meet annually. y y y y . where its 187 member countries are shareholders. They meet once a year at the Annual Meetings of the Boards of Governors of the World Bank Group and the International Monetary Fund. Germany. who work on-site at the Bank. while other member countries are represented by 20 executive directors. the governors are member countries' ministers of finance or ministers of development. The shareholders are represented by a Board of Governors.

key bank managers and the organization of the Bank y y y y y .y The President of the World Bank. They normally meet at least twice a week to oversee the Bank's business. and the vice presidents in charge of regions. new policies. including approval of loans and guarantees. chairs meetings of the Boards of Directors and is responsible for overall management of the Bank. management and senior staff. Robert B. networks and functions. renewable term. Zoellick. For more information about bank vice presidents. the administrative budget. The World Bank operates day-to-day under the leadership and direction of the president. country assistance strategies and borrowing and financial decisions. The Executive Directors make up the Boards of Directors of the World Bank. The President is selected by the Board of Executive Directors for a five-year. sectors. Vice Presidents are the principal managers at the World Bank.

These bodies make all major decisions for the organizations. y y y . To become a member of the Bank. or membership issues. which have the ultimate decision-making power within the organizations on all matters. IFC and MIGA are conditional on membership in IBRD. These bodies make all major decisions for the organizations. Member countries govern the World Bank Group through the Boards of Governors and the Boards of Executive Directors. including policy. under the IBRD Articles of Agreement. Membership in IDA. Member countries govern the World Bank Group through the Boards of Governors and the Boards of Executive Directors. a country must first join the International Monetary Fund (IMF).MEMBER COUNTRIES y The organizations that make up the World Bank Group are owned by the governments of member nations. financial.

y Goal 4: Regional and global issues that cross national borders--climate change. and trade. y Goal 5: Pulling together the best global knowledge to support development. y Goal 3: Development solutions with customized services as well as financing for middle-income countries. y Goal 2: Solutions to the special challenges of post-conflict countries and fragile states. especially in Africa.THE DEVELOPMENT GOALS y Goal 1: Poverty reduction and the sustainable growth in the poorest countries. infectious diseases. .

Total Member Countries in each institution y The International Bank for Reconstruction and Development (IBRD) The International Development Association (IDA) The International Finance Corporation (IFC) The Multilateral Investment Guarantee Agency (MIGA) The International Centre for Settlement of Investment Disputes (ICSID) 187 y 171 183 175 y y y 147 .

y y y . Unlike other financial institutions. since we don¶t look to outside sources to furnish funds for overhead. The IBRD is market-based.OPERATIONS y The World Bank's two closely affiliated entities²the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA)²provide low or no interest loans (credits) and grants to countries that have unfavorable or no access to international credit markets. World Bank doesn¶t operate for profit. It pays for its own operating costs. and uses its high credit rating to pass the low interest we pay for money on to its borrowers²developing countries.

where does the money come from to operate the World Bank.So. and how do they use the funds to carry out their mission? y y y y y Fund Generation Loans Trust Funds and Grants Analytic and Advisory service Capacity Building .

y While IBRD earns a small margin on this lending. IDA's funds are replenished every three years by 40 donor countries . y IDA is the world's largest source of interest-free loans and grant assistance to the poorest countries.FUND GENERATION y IBRD lending to developing countries is primarily financed by selling AAA-rated bonds in the world's financial markets. the greater proportion of its income comes from lending out its own capital.

LOANS .

Combat the HIV/AIDS pandemic.Grants Relieve the debt burden of heavily indebted poor countries. Support civil society organizations. Create initiatives to cut the emission of greenhouse gases. Improve sanitation and water supplies. Support vaccination and immunization programs to reduce the incidence of communicable diseases like malaria. .

Analytic and Advisory Services Poverty Assessments Public Expenditure Reviews Country Economic Reports Sector Reports Topics in Development .

Capacity Building y y y y y Advisory Services and Ask Us Global Development Learning Network Knowledge for Development Capacity Development Resource Center World Bank Institutes Global and Regional Programs B-SPAN y .

y . y y RURAL DEVELOPMENT .Rural Roads Rural roads are revitalizing village economies in Rajasthan and Himachal Pradesh.Building State Highways in Andhra Pradesh A new inter-state highway linking Hyderabad with Chennai has brought prosperity to the remote regions. y . is being improved. particularly women and other disadvantaged groups.Mumbai Urban Transport Project (MUTP) The MUTP is carrying out much-needed improvements to Mumbai¶s rail and road infrastructure.Resettlement under MUTP Resettling the displaced is an unprecedented exercise in improving the lives of the urban poor. y . .Projects In India y y INFRASTRUCTURE .Empowering the Poor in Tamil Nadu The livelihoods and quality of life of the rural poor.

Haryana.Improving Agriculture in Assam Tubewells and community-managed irrigation systems extend farming season in Assam. y y y y y . improved drinking water supply. . farmers' incomes rise significantly.Restoring Rain Water Reservoirs . . Higher Incomes in Dry Watershed Lands of Karnataka Degraded lands have been brought under cultivation and farm yields have risen in the drought-prone regions of Karnataka. .Reclaiming Saline Lands in Uttar Pradesh Large tracts of saline lands in UP have been rendered fertile.y .Better Crops. Himachal Pradesh and J&K have conserved soil and water.in Karnataka Rural communities in the poorest and driest districts are restoring traditional rain water reservoirs . and built roads and bridges. benefiting 6.Computerizing Land Records in Karnataka With World Bank assistance.7 million farmers in Karnataka. .Tanks .to increase the productivity of their land.Reversing the Degradation of Natural Resources in the Lower Himalayas Farmers in the lower Himalayan regions of Punjab.known locally as tanks . 20 million land records have been computerized. . Uttarakhand. boosting productivity and raising farmers' incomes.

Eliminating Leprosy Access to diagnosis and treatment services has increased.Controlling TB Remarkable progress is being made in controlling the spread of tuberculosis . y HEALTH . y y .Rebuilding After the Tsunami Helping to rebuild lives and livelihoods after the 2004 tsunami.y RURAL WATER SUPPLY AND SANITATION .Bringing Water Connections to Rural Households in Kerala Women who spent hours collecting water are now getting water in their homes. y CREATING JOBS .Reducing the Incidence of Cataract by more than half The World Bank has been a leading partner in India¶s efforts to address cataract blindness with a special focus on women and those living in tribal and remote areas. particularly for the poorest.a leading cause of illness and death in adults in India. . . RECONSTRUCTION . cutting leprosy cases in half between 1993 and 2000.Small and Medium Enterprises The World Bank is financing the SME sector in India to increase job creation.

4 FY11 5.6 New Lending Total Commitments (Active Projects) Total Number Active Projects of 56 67 60 61 75 81 .6 billion (by fiscal year.5 25.3 14.8 FY09 2.1 13.3 FY08 2.9 FY10 9. in nearest $ billion) Commitments FY06 1.3 21.3 FY07 3.7 14.y Total IBRD/IDA Commitments as of end June 2011 (FY11): $25.4 11.

ADB was modeled closely on the World Bank and has a similar weighted voting system where votes are distributed in proportion with member's capital subscriptions.   ASIAN DEVELOPMENT BANK (ADB) . The bank admits the members of the United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP. formerly known as the United Nations Economic Commission for Asia and the Far East) and non-regional developed countries. The Asian Development Bank (ADB) is a regional development bank established on 22 August 1966 to facilitate economic development of countries in Asia.

y y .ADB AND WTO y In January 2002. ADB and WTO concluded a memorandum of understanding to cooperate in technical assistance (TA) activities involving WTO-related issues in the region. In addition. and trade divisions in each regional department. the Asian Development Bank (ADB) strengthened its services in the trade sector by creating governance. ADB launched two WTO-related capacity-building programs in 20021 and 2003. in May 2002. finance.

Since its foundation in 1966. ADB also has 30 field offices. to which each of ADB's 67 members nominate one Governor and an Alternate Governor to represent them.000 personnel. Philippines. Mandaluyong City. ADB's Headquarters has been based in Manila. including resident and regional missions y y y . was opened in 1991 and accommodates about 3.ORGANISATION y The highest decision making tier at ADB is its Board of Governors. Its present building in the business district of Ortigas.

who supervise the work of ADB's operational. administrative. the Board of Directors approved the recommendation on the reassignment of the functions and duties of the operations vice presidents. On 17 April 2006. conducts the business of ADB. The President now heads a management team comprising five Vice-Presidents and the Managing Director General. y y y y y . and may be reelected. and under the Board's direction. The President is elected by the Board of Governors for a term of five years. and dismissal of the officers and staff in accordance with regulations adopted by the Board of Directors. He is responsible for the organization. He is also the legal representative of ADB. and knowledge departments. appointment.MANAGEMENT y The President is Chairperson of the Board of Directors.

PRESIDENT OF ADB and the CHAIRPERSON OF ADBµS BOARD OF DIRECTORS-HARUHIKO DIRECTORSKURODA .

It opened its doors on 19 December 1966. The Philippines capital of Manila was chosen to host the new institution .the Asian Development Bank. y y y .HISTORY y ADB was conceived amid the postwar rehabilitation and reconstruction of the early 1960s. with 31 members to serve a predominantly agricultural region. As 2007 drew to a close. ADB celebrated 41 years of fruitful cooperation with the governments and peoples of the Asia and Pacific region.

y Of which 48 are from within Asia and the Pacific and 19 outside. ADB has grown to encompass 67 members.MEMBERSHIP y From 31 members at its establishment in 1966. y Georgia is the 67th and newest member. having joined ADB effective 2 February 2007 .

over five million living with HIV AIDS and 3/5 of global TB cases found in the region. With more than $17. ADB in partnership with member governments.800 employees from 59 countries. with one child in 20 dying before the age of 5. over 250. Environmental damage and resource depletion are already impeding the region¶s development and reducing the quality of life. sociologists. the Asian Development Fund has transformed the region with the construction of thousands of schools. Environmental sustainability is a core strategy of ADB¶s work as it is the poor that are most severely affected.OBJECTIVES y ADB aims for an Asia and Pacific free from poverty. y y y y y . independent specialists and other financial institutions is focused on delivering projects that create economic and development impact. health clinics and roads.000 women dying annually from childbirth and pregnancy.5 billion in approved financing. ADB is active in creating the framework for the private sector to be involved in investing in new projects that underpin development and improve the lives of the 1. gender experts and environmental scientists are amongst the hundreds of professions at the bank working together to reduce poverty. Since 2000. Over half the population remains poor. bridges. engineers. providing opportunities for people to lift themselves out of poverty. Economists. 2.8 billion people in the region who live on less than $2 a day.

OPERATIONS y For more than 40 years. More than half of ADB's assistance has gone into building infrastructure . Such infrastructure helps lay the foundation for commerce and economic growth and makes essential services accessible to the poor. and water and sanitation facilities. power plants. social infrastructure. energy. ADB uses guarantees and equity investments to help its developing member countries. ADB has supported projects in agriculture and natural resources. In addition to loans.roads. y y y . finance. and transport and communications. industry and nonfuel minerals. airports. grants. and technical assistance.

6 million new households with water connections connected over 1.800 schools trained 253.8 million microfinance accounts to be opened or end borrowers reached y y y .19 million new households with electricity enabled over 1.000 teachers built or upgraded 29. through the Asian Development Fund has: y y y built 34.400 kms of national highways and roads provided 1. ADB.Between 2007 and 2010.