WORLD BANK

A presentation by Sonam, Sudhir and Swedha

Agenda

Introduction The Indian context

Current situation Issues &

Controversies

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INTRODUCTION

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THE WORLD BANK

Established in 1944, headquartered in Washington, D.C 186 member countries 24 Executive Directors ( 5/19) France, Germany, Japan, the United Kingdom and the United States

The International Development Association (IDA) Established 1960 169 Members

The International Finance Corporation (IFC)

Established 1956 182 Members

The Multilateral Investment Guarantee Agency (MIGA)

Established 1988 175 Members

The International Centre for Settlement of Investment Disputes ( ICSID)

Established 1966 144 Members

GLOBAL CHALLENGES
1.

2.
3. 4. 5.

6.

Poorest countries Fragile states Arab world Middle-income countries Solving global public goods issues and Delivering knowledge and learning services

PARTNERS

Multilateral development Banks (MDBs)

The African Development Bank The Asian Development Bank The European Bank for Reconstruction and Development The Inter-American Development Bank Group

Other Multilateral Financial Institutions (MFIs)

The European Commission (EC) and The European Investment Bank (EIB) International Fund for Agricultural Development (IFAD) The Islamic Development Bank (IDB) The Nordic Development Fund (NDF) and The Nordic Investment Bank (NIB) The OPEC Fund for International Development (OPEC Fund)

THE INDIAN CONTEXT

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THE WORLD BANK IN INDIA

India is a country with many poor people but it is not a poor country. -Shri Mohammad Hamid Ansari, Vice-President of India one of the worlds largest sources of funding and knowledge for developing countries India being one of the oldest members, having joined the institution at its inception in 1944. works in close partnership with the Central and State Governments Consistent with India's priorities, the World Bank has been particularly effective in supporting areas critical to

the country's development goals.

EASE OF
EEEEEEEEEEEEEEEEEEEEEEEE EEEEEEEEE

2010 RANK
Doing Business 2010 rank

2009 RANK
Change in rank

CHANGE

Doing Business 2009 rank

Doing Business Starting a Business Dealing with Construction Permits Employing Workers Registering Property Getting Credit

133 169 175 104

132 166 174 102

-1 -3 -1 -2

93
30

92
27

-1
-3

Protecting Investors
Paying Taxes Trading Across Borders

41
169 94

38
171 97

-3
+2 +3

Enforcing Contracts
Closing a Business

182
138

182
142

0
+4

World Bank's Country Strategy for India 2009 - 2012

to fast-track the development of much-needed infrastructure to support the seven poorest states achieve higher standards of living for their people total proposed lending program of US$14 billion for the next three years closely aligned with the countrys own development agenda as articulated in its 11th Five Year Plan

Total IBRD/IDA Commitments as of end FY09: $14.9 billion (by fiscal year, in nearest US$ billion)
Commitments FY 04 FY 05 FY 06 FY 07 FY 08 FY 09

New

1.4

2.9

1.4

3.7

2.1

2.3
14.9

Total Commitments (Active Projects)

12.0

12.8

11.3

14.3

13.8

Total No. of Active Projects

63

64

56

67

60

61

 Maintaining

rapid and inclusive growth

Infrastructure Skills Agricultural growth

Making

development sustainable Increasing the effectiveness of service delivery Strategies for states Engaging the Center Public Private Partnerships

Bihar Indias Poorest State Begins to Turn Around

A World Bank Development Policy Loan (DPL) has supported Bihars efforts to undertake reforms and helped create the fiscal space for development The first Bihar DPL closed on December 2009, it is potentially the first of four such loans totalling $900 million to be disbursed between 2007 and 2011 The World Bank's Bihar Rural Livelihoods Project (US$63 million), to enhance the social and economic empowerment of about 2.9 million rural poor in Bihar is under implementation

Reaching Millions in India: Primary Education For All Children

Over 98% of children now have access to a primary school within 1 km of their home. The gender gap has reduced. As of 2008, there are 93 girls for every 100 boys in primary school, compared to just 90 in the early 2000s. The enrollment of children from long-deprived and marginalized communities in public schools exceeded their share in the general population. Of the 2.7 million children identified with special needs, 2.6 million were enrolled by 2009. Transition rates from primary to upper primary school rose from 75% in 2002 to 83% in 2009. Annual drop-out rates fell from 10% in 2004 to 8.6% in 2008 Many states are either approaching universal primary enrollment or have already achieved it.

World Banks Role:

The program is supported by the World Bank, the European Commission and the United Kingdoms DFID. The World Bank is the single largest contributor. In the first phase of support (2004-2007) the World Bank contributed $500 million of the total program cost of $3.5 billion. In the second phase (2008-2010), the World Bank is providing another $1.35 billion.

CURRENT ISSUES

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University Business School, Chandigarh

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GLOBAL PERSPECTIVE

Structural Adjustment Policies Water Privatization Policy Sovereign Immunity

Environmental Strategy

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INDIAN PERSPECTIVE

American agenda NGO Procurement Project Evaluation

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REFERENCES

http://en.wikipedia.org/wiki/

http://www.brettonwoodsproject.org/item.shtml?x=3208
69

http://www.iie.com/publications/papers/print.cfm?resear
chid=351&doc=pub

http://www.ciel.org/Publications/issue1.html http://www.worldbank.org.in/ http://www.ieo.org/worldbank2.html

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THANK YOU!!!

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