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World bank
World bank
World bank
World bank
World bank
World bank
World bank
World bank
World bank
World bank
World bank
World bank
World bank
World bank
World bank
World bank
World bank
World bank
World bank
World bank
World bank
World bank
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World bank

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Published in: Economy & Finance
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  • 1. Prepared by Eqbal (Habibi) 3rd Sem (BBM)
  • 2. The World Bank is an internationally supported bank with the membership of 188 countries that provides financial and technical assistance to developing countries for development programs with the stated goal of reducing poverty.
  • 3. Type : International Organization President : Jim yong Kim Membership : 188 countries Headquarters : Washington, DC & more than 100 countries Staff : About 10000 all over the world Established : July 1,1944
  • 4. Lord Keynes (right) and Harry Dexter White (left), the “founding fathers "Of World Bank. The World Bank was created at the 1944, Bretton Woods Conference. Although many countries were represented at the Bretton Woods Conference, But the United States and United Kingdom were the most powerful in attendance and dominated the negotiations. Traditionally, the World Bank has been headed by a citizen of the United States.
  • 5. The World Bank was originally established to support reconstruction in Europe after World War II.
  • 6. EugeneMeyer Eugene Isaac Meyer was an American financier, public official, and newspaper publisher. He was the publisher of the Washington post newspaper. Born in Los Angeles, California on 31oct 1875 He grew up in San Francisco and attended college at the University of California, Berkeley but he dropped out after one year and later enrolled at Yale University.. He received his B.A in 1895, and he died on 17 July 1959 in Washington DC.
  • 7. JimYongKim Jim Yong Kim( B.A, MD, PhD) also known as Kim Yong born on December 8, 1959),He is a Korean- American physician and Anthropologist, who has been the 12th President of the World Bank since July 1 2012.
  • 8. He was formerly the Chairman of the Department of Global Health and Social Medicine at Harvard Medical School, and a co-founder and executive director of Partner In Health. On March 23, 2012, President Barack Obama announced that the United States would nominate Kim Yong as the next president of the World Bank to replace Robert Zoellick, the 11thPresident of World Bank. On April 16, Kim was elected to head the World Bank and took office on July 1 2012.
  • 9.  France was the first borrower for $250 million to finance post-war reconstruction in 1946  Many developed nations who are now donors, were also borrowers, such as Austria, Australia, Denmark, Japan, Italy, Finland, and Greece
  • 10. AccordingtotheWorldBank'sFiscalYearTopTenborrowing countriesare: ● India tops the table with ($2,578 million). ● Vietnam ($1,429 million). ● Tanzania ($943 million). ● Ethiopia and Nigeria with ($890 million each). ● Bangladesh ($828 million). ● Kenya ($614 million). ● Uganda ($480 million). ● Democratic Republic of Congo ($460 million) . ● Ghana ($433 million).
  • 11. FIVE AGENCIES – ONE GROUP
  • 12.  The International Bank for Reconstruction and Development (IBRD) (Established in 1945)  The International Development Association (IDA) (Established in 1960)  The International Finance Corporation (IFC) (Established in 1956)  The Multilateral Investment Guarantee Agency (MIGA) (Established in 1988)  The International Centre for the Settlement of Investment Disputes (ICSID) (Established in 1966)
  • 13. Need of World Bank Build Capacity CREATE INFRASTRUCTURE DEVELOP FINANCIAL SYSTEM COMBAT CORRUPTION
  • 14. OBJECTIVES  RECONSTRUCTION WORK  REDUCE POVERTY  REDUCE ILLITERACY  REDUCE DISEASE  REDUCE CORRUPTION, ETC..
  • 15.  Agriculture & Rural Development  Economic Policy  Education  Energy  Environment  Financial Sector  Health, Nutrition & Population Industry  Information, Computing and Telecommunication  Law and Justice  Private Sector  Social Protection  Trade  Water Resources  Water Supply and Sanitation
  • 16. Percentage of Use of money On Operational Areas By World Bank in 2012. Total Money $35.3 Billion. Economic Management 4% Environmental and Natural Resources Management 11% Financial and Private Sector Development 13% Human Development 14% Public Sector Governance 11% Rule of Law 1% Rural Development 15% Social Development, Gender, and Inclusion 4% Social Protection and Risk Management 10% Trade and Integration 5% Urban Development 12%
  • 17. Africa 21% East Asia and Pacific 19% Europe and Central Asia 19% Latin America and the Caribbean 19% Middle East and North Africa 4% South Asia 18%
  • 18.  It was started to reduce poverty but it support United States’ business interests.  It is deeply implicated in contemporary modes of donor and NGO (Non-governmental Organization) driven imperialism.  The President of the Bank is always a citizen of the United States.
  • 19.  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, & transport to poor people.  It helps in controlling emerging conflicts.

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