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BUILDING OF WORLD BANK

WORLD BANK
The world bank is an internationally supported bank that provides financial and technical assistance to developing countries for development programs (e.g. bridges, roads, schools)with the stated goal of reducing poverty.

 The

World Bank is one of the worlds largest

sources of funding for the developing world. Its primary focus is on helping the poorest people

and the poorest countries.

It uses its financial resources, its staff, and extensive experience to help developing countries,

Lynn 11 Dona 16 Jane 24 reduce poverty, increase economic growth, and Joanna . improve their quality of life28 Shelley17 Rric27

NEED OF WORLD BANK

BUILD CAPACITY

CREATE INFRASTRUCTURE NEED OF WORLD BANK

DEVELOP FINANCIAL SYSTEM

COMBAT CORRUPTION

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 the Settlement of Investment Disputes (ICSID).

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Headquarters: Washington, DC and more than 100

offices around the world.

Established: July 1, 1944 by a conference of 44

governments in Bretton Woods, New Hampshire, USA

Membership: 185 countries Staff: Approximately 7,00011 Dona 16Washington, Lynn employees in Jane 24
DC and over 3,000 in Joanna 28 Shelley17 offices around the world.

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Goal 1: End extreme poverty and hunger. Goal 2: Achieve universal primary education Goal 3: Empower women and promote equality between women and men

Goal 4: Improve health of pregnant women and mothers;

Goal 5: Reduce child death rates Goal 6: Ensure environmental sustainability

Goal 7: Create a global partnership for development,

targets for aid, trade and debt relief.

Lynn 11 Dona 16 Jane 24 Joanna 28 Shelley17 Rric27 Goal 8: Tackle HIV/AIDS, Malaria, and other diseases

with

 They run like a cooperative, with their member countries as share holders. The no. of shares a country has is based on the size of the economy.

Largest Share holder: United State (16.41% of votes)

Followed by: Japan (7.87% ), Germany (4.49%), The United Kingdom (4.31%) &

France (4.31%) .
The rest of the countries

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Ultimate Decision-Making Authority:

Their

government represented by Board of Governors. These governors are

ministers, such as Ministers of Finance or Ministers of Development.

Day-To-Day Decision Making:

on-site at the Bank.

Governors meet only once

in a year. They give specific duties to their Executive Directors, who work

The 24 Executive Directors make up the Board of Directors.

Their President is, by tradition, a national of the largestJane 24 Lynn 11 Dona 16 shareholders
- The United States. Elected for a five-year term (which can be renewed)

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LOANS
INVESTMENT LOANS

DEVELOPMENT POLICY LOAN

WORLD BANK TREASURY

IBRD

IDA

IFC

M.I.G.A

ICSID

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 The

International

Bank

for

Reconstruction

and

Development (IBRD) provides loans and development

assistance to middle income countries in Latin America, Asia, Africa and Eastern Europe. IBRD gets most of its funds by selling bonds in international capital markets.

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The International Development Association (IDA) plays an important role in our mission to reduce poverty. Its support is focused on the poorest countries, to which it provides interestfree loans and grants. IDA depends on contributions from its wealthier member countries (including

some developing countries) for most of its financial resources.

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The International Finance Corporation (IFC) promotes growth in the developing world by financing private-sector investments and providing technical support and advice to governments and businesses. In partnership with private investors, IFC provides loans and equity finance for business ventures in developing countries.

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The Multilateral Investment Guarantee Agency (MIGA) encourages foreign investment in developing countries by providing guarantees to foreign investors against loss caused by noncommercial risks. MIGA also provides technical support to help developing countries promote investment opportunities and uses its legal services to reduce possible barriers to investment.

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The International Centre for the Settlement of Investment Disputes (ICSID) provides facilities for settling investment disputes between foreign investors and their host countries.

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World bank gets its main income by lending out its own capital. IBRD (our main lending agency) raises most of its money in the worlds financial markets by selling our AAA-rated World Bank bonds usually to financial institutions, pension funds and other institutional money managers, as well as to central banks. They earn interest and fee income on our loans, and income on our liquid asset investments and capital that is paid in by our memberLynn 11 Dona 16 Jane 24 country shareholders.

Joanna 28 Shelley17 donor IDA also helps mobilize and coordinate aid fromRric27 countries and other international organizations.

IBRD LOANS GUARENTEES

IDA CREDITS INVESTMENTS

TRUST FUND GRANTS

PROJECT FINANCE

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