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Presented by
12 Christine Paul 17 Anupreet Dhody 24 Melanie Fernandes 25 Michelle Fernandes 31 Shweta Goyal 46 Gayatri Patil 53 Pranav Shah
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INTRODUCTION

Origination Mission
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A GLOBAL MEMBERSHIP Percentage of Membership by North America Region

South Asia
10% 13% 4% 45%

24% 2%

2%

Sub-Saharan Africa Europe & Central Asia East Asia and Pacific Latin America & the Carribean Middle East & 5 North Africa

Executive Board (16) Board of Governers President Unequal representation - USA: 16.68% - Japan: 8% - Germany: 4.5% - UK and France: 4.38%

Who Governs the World Bank?

(5%) IBRD - paid-in capital subscription(USA: 16.98%)

AAA rated bonds & debt securities

Who Pays for the World Bank?

(25%) IDA concessional loans periodic replenishments

USA 20.86%, Japan 18.7%, UK & France 7.3% Tail has been used to shake the dog: - 1970s :- forced not to lend to Vietnam IDA 6 - 1993 :- Inspection Panel IDA 10

Any member country can propose a loan

Who uses the resources of the World Bank and on what conditions?

Staffs carefully prepare the proposal A detailed proposal goes to the Board A simple majority of votes. No one country can veto a loan Apparently, all decisions are taken on technical and economic grounds with no potential political influence.
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The World
IBRD Lends to member states or member-guaranteed borrowers IFC Promotes development by supporting the sectors

Bank Group

ICSID Artibrates investment disputes

IDA Issues development credit to the poorest countries

MIGA Promotes foreign investment by insuring against non-commercial risk

Mission: To fight poverty by means of financing states. Provides loans to governments and public enterprises. All members of the bank belong to the International Monetary Fund. The bank is self-sustaining and has maintained a profit on its lending activities. IBRD established an environmental fund in 1990.
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International Bank for Reconstruction and Development

International Development Association

Introduction - lend to the poorest countries Mission - To reduce inequalities both across and within countries by allowing more people to participate in mainstream economy, reducing poverty and promoting more equal access to the opportunities.
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IDAs role in reducing poverty

International Development Association (Contd..)

by collaborating with other development partners, as well as through its own programs by targeting human-development projects by advicing government single largest source of donor funds
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International Finance Corporation

Head Quarters and member nations What it does
Project Finance Resource Mobilization Advisory Services
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MIGA is a multilateral risk mitigator, promoting foreign direct investment into developing countries by: Insuring investors against political or noncommercial risks, Mediating disputes between investors & govts., Advising governments on attracting investment, and Sharing Information through online investment information services.
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Multilateral Investment Guarantee Agency

Multilateral Investment Guarantee Agency (Contd..)

The agency's strategy focuses on specific areas:
Infrastructure development Frontier markets Investment into conflict-affected countries South-South investments
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ICSID is an institution specially designed to facilitate the settlement of investment disputes between governments and foreign investors It also helps in promoting increased flows of international investment. ICSID has an Administrative Council, chaired by the World Bank's President, and consists of one representative of each State which has signed the Convention.
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International Centre for Settlement of Investment Disputes

International Centre for Settlement of Investment Disputes (Contd..)

As of January 25, 2006 -155 countries have signed the ICSID Convention.

ICSIDs headquarters are located in Washington, D.C.

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Cumulative borrowing: $64.6 billion Current portfolio:

World Bank and India

Indias relationship with the World Bank can be seen in 3 phases:

Phase 1 Phase 2 Phase 3

66 projects avg. annual commitment of $3 billion / year 43% >> infrastructure & 57% >> social sector

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What does the World Bank now mean to India?

Valuable source of long term external credit India still remains eligible for concessional financing Creative financial engineering Reaching out to poor performing states

Thank You
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