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.
Type : International Organization
President : Jim yong Kim
Membership : 188 countries
Headquarters : Washington, DC &
more than 100 countries
Staff : About 10000 all over
Established : July 1,1944
Lord Keynes (right) and Harry Dexter
White (left), the “founding fathers "Of
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
Traditionally, the World Bank has been
headed by a citizen of the United
The World Bank was
originally established to
support reconstruction in
Europe after World War II.
Eugene Isaac Meyer was an American financier,
public official, and newspaper publisher.
He was the publisher of the Washington post
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
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.
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
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.
France was the first borrower for
$250 million to
finance post-war reconstruction in
Many developed nations who are
now donors, were also borrowers,
such as Austria, Australia,
Denmark, Japan, Italy, Finland, and
● 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).
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)
Need of World Bank
Agriculture & Rural Development
Health, Nutrition & Population Industry
Information, Computing and Telecommunication
Law and Justice
Water Supply and Sanitation
Percentage of Use of money On Operational
Areas By World Bank in 2012.
Total Money $35.3 Billion.
Rule of Law
East Asia and
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)
The President of the Bank is always a citizen of the
World bank provides the largest external funds for
It is a big support in reducing poverty.
It provides fund for biodiversity projects.
It helps to bring clean water, electricity, & transport to
It helps in controlling emerging conflicts.