WORLD BANK

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.

INTRODUCTION

President :- Robert B. Zoellick Membership :- 185 countries Affiliates :- IFC, MIGA, ICSID Headquarters :- Washington, DC and more than 100 country Staff :- about 10000 all over the world Established :- July 1,1944

ROBERT B.ZOOLICK

NEED OF WORLD BANK

BUILD CAPACITY

CREATE INFRASTRUCTURE NEED OF WORLD BANK

DEVELOP FINANCIAL SYSTEM

COMBAT CORRUPTION

HISTORY

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

CONTRIBUTION

POVERTY REDUCTION STRATEGIES

COMPREHENSIVE DEVELOPMENT FRAMEWORK

OPERATIONS

Fund generation Loans Grants Analytic & Advisory Services Capacity building

FUND GENERATION

IBRD lending to developing countries is financed by selling AAA-rated bonds. IDA is the worlds largest source of interest free loans and grant assistance to the poorest countries.

LOANS
INVESTMENT LOANS

DEVELOPMENT POLICY LOAN

WORLD BANK TREASURY

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

ANALYTIC AND ADVISORY SERVICES

Poverty Assessments Public Expenditure Reviews Country Economic Memoranda Social and Structural Reviews Sector Reports Topics in Development

CAPACITY BUILDING

Advisory Services and Ask Us Global Development Learning Network World Bank Institutes Global and Regional Programs B-SPAN

AREA OF OPERATION

Agriculture and Rural Development Economic policy Education Energy Environment Financial sector Health, nutrition and population industry

Information, computing and telecommunication Law and justice Private sector Social protection Trade Water resources Water supply and sanitation

SUPPORT TO INDIA

India is home to over one-quarter of the worlds poor, and the World Bank Group is focused on sharing best practices as well as financing for development as part of its mission ton help reduce global poverty.

INDIA ASSOCIATION WITH WORLD BANK

CRITICISM

It was started to reduce poverty but it support United States business interests. It is deeply implicated in contemporary modes of donor and NGO driven imperialism. The President of the Bank is always a citizen of the United States.

 Lack transparency to external publics. It is an instrument for the promotion of U.S. or Western interests. The decision-making structure is undemocratic. It has consistently pushed a neo-liberal agenda.

5 PRIORITIES OF WORLD BANK

World bank provides the largest external funds for education. It is a big support in reducing poverty. It provides fund for biodiversity projects. it helps to bring clean water, electricity, and transport to poor people. It helps in controlling emerging conflicts.

THANK YOU......

PRESENTED BY
RACHNA PRASHANT RAJPAL PRASHANT PRASOON MILAN PRADEEP BHARTI PRADEEP SINGH BIST PRAMILA PRAVESH PRAVIN PRIYANKA SHARMA