PRESENTATION ON WORLD BANK

Click to edit Master subtitle style FARUQUE AHMED MBA P.R. POTE COLLEGE OF MANAGEMENT AMRAVATI

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AGENDA

WORLD BANK : SHORT INTRODUCTION HISTORY OF WORLD BANK FUNDINGS FUNCTIONS WORKING GROUPS OF WORLD BANK WORLD BANK IN INDIA CASE ADVATAGES DARK SIDE

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WORLD BANK : SHORT INTRODUCTION

The World Bank Group is one of the worlds largest sources of funding and knowledge for developing countries.

The World Bank is a lending institution that funds essential infrastructural requirement, globally. World Bank as an institution that was designed for investment as

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Click to edit Master subtitle style

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11th President of the World Bank Group

Robert Bruce Zoellick

born July 25, 1953

since July 1, 2007 Nominated by George

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WORLD BANK : SHORT INTRODUCTION

NAME H.Q. ESTD. MEMBERS STAFF COUNRIES

: WORLD BANK : : WASHINGTON D.C. 27 DEC 1945

: 185 COUNTRIES : 10000 IN 100

CURRENT PRESIDENT : ROBERT B. ZOELLICK.

AUTHORIZED CAPITAL: $184 BILLION SOURCES : BORROWING ON

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World Bank e-Library

www.worldbank.org/elibrary Launch: May 20, 2003 The premier collection on international, social and economic development An electronic collection of World Bank publications Includes all titles published since 2000 and several older books Includes 1,800+ backlist titles and all current and forthcoming titles Plus over 2,700 peer reviewed World Bank 4/1/12 99 Research Working Papers

The World Bank is the outcome of the Bretton Woods Conference, held in 1944. It was launched alongside the International Monetary Fund(IMF), in the presence of a number of important world delegates, and many important policy makers from 4/1/12

World Bank : History

FUNDING

Financial resources are acquired by borrowing on the international bond market. It issues bonds to raise money and then passes on the low interest rates to its borrowers.

It is made up of 185 member countries. These countries are jointly responsible for how the institution is financed and how its 4/1/12

FUNCTION S

The Bank Group uses financial resources and extensive experience to help poor nations reduce poverty, increase economic growth, and improve the quality of life.

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FUNCTION S

World Bank provides technical and financial assistance to underdeveloped nations for development schemes like building roads, schools, hospitals, etc. The main aim is to eliminate poverty from

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FUNCTION S

The World Bank collaborates with numerous other partners and multilateral organizations, including the World Health Organization (WHO) and the Food and Agriculture Organization (FAO), to realize the most far-reaching results possible.

Current global challenges include the financial crisis, high food prices, and climate change. 4/1/12

WORKING GROUPS OF WORLD BANK

International Bank for Reconstruction and Development (IBRD) International Development Association (IDA) International Finance Corporation (IFC) Multilateral Investment Guarantee Agency (MIGA)
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International Centre for Settlement

AFFILIATES OF THE WORLD BANK GROUP

The International Bank for Reconstruction and Development Established 1945 185 Members Fiscal 2008 lending: $13.5 billion for 99 new operations in 34 countries provides debt financing on the basis of sovereign guarantees;

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IBRD and IDA Lending by Region Fiscal 2008

Share of Total Lending of $24.7 billion

Middle East & North Africa 6%

Africa 23%

Latin America & the Caribbean 19%

East Asia & Pacific 18% Europe & Central Asia 17% South Asia 17%

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Regional Lending by Theme and Sector

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IBRD and IDA Lending by Theme Fiscal 2008

Share of Total Lending of $24.7 billion
Economic Management Urban Development 2% 12% Trade & Integration 5% Social Protection & Risk Management 4%

Environment & Natural Resource Management 11%

Financial & Private Sector Development 25%

Public Sector Governance 18% Social Development, Human Development Gender & Inclusion Rural Rule of Law 9% 4% Development 1% 9%

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IBRD and IDA Lending by Sector Fiscal 2008

Share of Total Lending of $24.7 billion
Energy & Mining 17%

Finance 6% Health & Other Social Services 7% Industry & Trade 6% Information & Communication < 1%

Education 8% Agriculture, Fishing & Forestry 6%

Water, Sanitation & Flood Protection 10% Law & Justice & Public Administration 21% Transportation 19%

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AFFILIATES OF THE WORLD BANK GROUP

The International Development Association Established 1960 167 Members Fiscal 2008 commitments: $11.2 billion for 199 new operations in 72 countries

provides concessional financing (interestfree loans or grants), usually with sovereign 4/1/12 guarantees

AFFILIATES OF THE WORLD BANK GROUP

The International Finance Corporation Established 1956 179 Members Fiscal 2008 commitments: $11.4 billion committed and $4.8 billion mobilized for 372 projects in 85 countries provides various forms of financing without sovereign guarantees, primarily to the private sector;

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AFFILIATES OF THE WORLD BANK GROUP

The Multilateral Investment Guarantee Agency Established 1988 172 Members Fiscal 2008 guarantees issued: $2.1 billion provides insurance against certain types of risk, including political risk, primarily to the private sector.

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AFFILIATES OF THE WORLD BANK GROUP

The International Centre for Settlement of Investment Disputes Established 1966 143 Members Total cases registered: 268 Fiscal 2008 cases registered: 32

works with governments to reduce investment risk; 4/1/12

AFFILIATES OF THE WORLD BANK GROUP

The World Bank (IBRD and IDA), IFC, and MIGA work together as well as independently to reduce poverty, faster growth, and ensure that development is inclusive and sustainable

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India's involvement with the World Bank dates back to its earliest days. India was one of the 17 countries which met in Atlantic City, USA in June 1944 to prepare the agenda for the Bretton Woods conference, and one of the 44 countries which signed the final Agreement that established the Bank. In fact, the name "International Bank for Reconstruction and Development" [IBRD] was first suggested by India to the drafting

WORLD BANK IN INDIA

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WORLD BANK IN INDIA Reduce poverty.

Develop an investment-environment. Increase job opportunities. Work towards sustainable economic growth. Promote socio-economic growth through investment. Strengthen governments with education.

Empower the development of legal and judicial systems, business opportunities and protection of individual rights. 4/1/12

WORLD BANK IN INDIA

Provides low-interest loans, Interest-free credits Grants to include investments in education, Health, Public administration, Infrastructure, Financial and private sector development,

Agriculture, 4/1/12

the World Bank has, in September 2009,agreed to extend budgetary supportof$2 million to the Government of India to help public sector banks expand creditfor small & medium enterprise (SME), as well as for the development of infrastructure and the rural economy.

WORLD BANK IN INDIA

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WORLD BANK IN INDIA Pradesh to the World Bank has supported Andhra
upgrade its state highways. It is now helping to upgrade rail and road connectivity in Mumbai; improve state highways in Andhra Pradesh, Himachal Pradesh, Kerala, Orissa, Punjab and Uttar Pradesh

To help produce engineers of international standards, the World Bank has supported improvements in thequality of education in engineering institutes in 13 states.

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WORLD BANK IN INDIA

SARDAR SAROVAR DAM. World Bank is the financing agency for this project. The World Bank approved a US$520.75 million IDA credit to India in a major new attack on three diseases to Combat Malaria, Kala Azar, and Polio World Bank Approves Two Credits To India For Polio Eradication And Rajasthan District Poverty Initiatives. The World Bank approved two credits to India worth a total of more than US$243 million. The India Immunization Strengthening Project (US$142.6 million) will benefit millions of children countrywide with intensified efforts to eradicate polio and reduce vaccine preventable diseases, while the Rajasthan District Poverty Initiatives Project (US$100.48 million) will empower the poor to develop their communities in the Indian state of Rajasthan.

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CASE

Lahore, May 4 (ANI): Pakistan will approach the World Bank (WB) for the appointment of an impartial expert to resolve the Kishanganga power project dispute with India. Indus Water Treaty Commissioner Jamaat Ali Shah said on Sunday that Pakistan was taking the step because the commission on its own could not settle the matter. India has not shown any willingness to sort out the issue [so] we are approaching the WB, The Daily Times quoted Jamaat, as saying.

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ADVANTAGES

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Is 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

DARK SIDE of total votes. Major US held 16.4%

decisions require an 85% majority, so the US effectively holds power of veto.

All 11 presidents have been chosen by the US because it is the bank's biggest shareholder. The maximum votes are in hands of US and

European countries so poor countries dont get much benefits.

World Bank imposes anti-communist conditions

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CONCLUSION

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Though there are many controversies in the policies of World Bank , still It works to bridge this divide and turn rich country resources into poor country growth. One of the worlds largest sources of development assistance, the World Banksupports the efforts of developing country governments tobuild schools and health centers, provide water and electricity, fight

THANK YOU .
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