3. 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.
4. 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
5. 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.
6. The World Bank was
originally established to
support reconstruction in
Europe after World War II.
7.
8. 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.
9. 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.
10. 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.
11. 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
12. 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).
14. 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)
15. Need of World Bank
Build Capacity
CREATE
INFRASTRUCTURE
DEVELOP
FINANCIAL SYSTEM
COMBAT CORRUPTION
17. 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
18. 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%
20. 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.
21. 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.
