Outline:
What does the World Bank do?
What is the history of the World Bank?
What is the structure of the World Bank?
What is the relationship between the World Bank and other international institutions?
How is the world bank group funded?
How can countries use the services of the world bank for their development?
What has been the main activities of the World Bank?
What are the future plans of the World Bank?
What criticisms have been raised about the World Bank?
What are the World Bank Publications?
1. THE WORLD BANK GROUP
Amin Karimi
Governance & Policy Think Tank
Summer 2016
2.
3. PRESENTATION TIPS
⢠In this presentation, I try to answer essential questions about the World Bank;
⢠Since the number of slides is a lot, you can choose your desired section;
⢠I use long sentences to shed light on the words in slides. So you can summarize them;
⢠You can use online sources by clicking on the hyperlinks;
⢠I would greatly appreciate it if you kindly give us some feedback on these slides and information.
4. OUTLINE
⢠What does the World Bank do?
⢠What is the history of the World Bank?
⢠What is the structure of the World Bank?
⢠What is the relationship between the World Bank and other international institutions?
⢠How is the world bank group funded?
⢠How can countries use the services of the world bank for their development?
⢠What has been the main activities of the World Bank?
⢠What are the future plans of the World Bank?
⢠What criticisms have been raised about the World Bank?
⢠What are the World Bank Publications?
5. WHAT DOES THE WORLD
BANK DO?
⢠Glance
⢠The Global Goal
⢠The World Bank Group
6. GLANCE
World Bank logo
Motto Working for a World Free of Poverty
Formation July 1944; 72 years ago (2016)
Type
Monetary International Financial
Organization
Legal status Treaty
Purpose Crediting
Headquarters Washington, D.C., United States
Region Worldwide
Membership
189 countries (IBRD)
173 countries (IDA)
Country office
More than 100 offices in member countries
and about 10000 all over the world
Key people Jim Yong Kim, president
Parent organization World Bank Group
Website worldbank.org
Source: https://en.wikipedia.org/wiki/World_Bank
7. THE GLOBAL GOAL
⢠The Bankâs initial goal was to assist in the reconstruction of post-war
Europe
⢠Now, the Bank makes development loans to developing countries
⢠The World Bank Group has two ambitious goals:
⢠Goals are to end extreme poverty and boost shared prosperity
by financing and assisting in numerous projects
such as healthcare, education, infrastructure, communications, and other
like projects
See also: http://www.worldbank.org/en/news/feature/2013/04/17/ending_extreme_poverty_and_promoting_shared_prosperity
8. THE WORLD BANK GROUP
(IDA):
Est.1960, interest-free loans â
called credits â and grants to
governments of the poorest
countries
(IFC):
Est.1956, Private sector
arm of the World Bank
(MIGA):
Est.1988, Promotes Foreign
Direct Investment in
developing countries
See also:
http://www.worldbank
.org/en/about
The World Bank
(IBRD):
Est. 1946, âaims
to reduce
poverty in
middle-income
and
creditworthy
poorer countries
by promoting
sustainable
development
through loans,
guarantees, risk
management
products, and
analytical and
advisory
servicesâ
(ICSID):
Est. 1966,
facilitate the
settlement of
investment
disputes
between
governments
and foreign
investors
9. THE WORLD BANK GROUP
Source: http://basethreestudio.com/portfolio/lau-loop/
10. WHAT IS THE HISTORY OF THE WORLD
BANK?
⢠Bretton Woods
⢠The World Bank Group from Past to Present
11. BRETTON WOODS
⢠Bretton Woods
⢠In response to post-world war II reconstruction and to discuss the
future of international economic cooperation
⢠In July of 1944, representatives from 44 countries met at Bretton
Woods, New Hampshire
⢠Creation of two institutions
1. International Monetary Fund (IMF)
2. International Bank for Reconstruction and Development (IBRD); a.k.a. the
âWorld Bankâ
13. THE WORLD BANK GROUP FROM PAST TO
PRESENT
1945
â˘IBRDâ
International
Bank for
Reconstructio
n and
Development
member
countries : 40
â˘UN was
established on
24 October
1945
1946
⢠First loan
applications
(from Chile,
Czechoslovaki
a, Denmark,
France,
Luxembourg,
and Poland)
â˘World Bank
formally
begins
operations
June 25
1947
â˘IBRD
incorporation
into UN
system
1956
â˘IFCâ
International
Finance
Corporation
member
countries: 45
1960
â˘IDAâ
International
Development
Association
member
countries: 55
1966
â˘ICSIDâ
International
Centre for
Settlement of
Investment
Disputes
member
countries: 23
1988
â˘MIGAâ
Multilateral
Investment
Guarantee
Agency
member
countries: 35
1999
â˘Bank's vision
for the new
millennium is
articulated:
âOur dream is
a world free of
poverty.â
Online timeline: http://www.worldbank.org/wb/about/timeline.htm?iframe=true&width=1020&height=620
See also: http://www.worldbank.org/en/about/archives/history
14. WHAT IS THE STRUCTURE
OF THE WORLD BANK?
⢠How the World Bank Operates
⢠The World Bank Organization
⢠Structure of the World Bank
⢠Membership in the Bank
⢠Voting Power
15. HOW THE WORLD BANK OPERATES
⢠They are the ultimate policymakers at the World
Bank
⢠Generally, the governors are member countries'
ministers of finance or ministers of development
⢠The Governors and Alternates serve for terms of
five years and can be reappointed
⢠They meet once a year at the Annual Meetings of
the Boards of Governors of the World Bank Group
and the International Monetary Fund
Boards of
Directors
⢠The World Bank is like a
cooperative
⢠189 (IBRD) member countries
⢠The governors delegate specific duties to
25 Executive Directors
⢠They work on-site at the Bank
⢠The five largest shareholders appoint an
executive director, while other member
countries are represented by elected
executive directors (geography)
⢠He/She is the Chairman of the Board of
Directors
⢠He/She is responsible for overall management
of the Bank
⢠The President is selected by the Board of
Executive Directors for a five-year, renewable
term
Source:World Bank. 2016.
The World Bank Group A to
Z 2016. Washington, DC:
World Bank.
doi:10.1596/978-1-4648-
0484-7. License: Creative
Commons Attribution CC
BY 3.0 IGO p.14
17. STRUCTURE OF THE WORLD BANK
⢠Headquartered in Washington D.C.
⢠Membership of the IMF is required
⢠5 Largest shareholders (IBRD, 2016): United States (16.66), Japan (7.2), China
(4.65), Germany (4.22), France (3.95) and United Kingdom (3.95)
⢠Voting Power of Islamic Republic of Iran (2016): (1.54)
⢠According to the Charter, the member with the greatest of shares, chooses the
president
⢠The president is, traditionally, a U.S. citizen and is the chairman of the Board
18. MEMBERSHIP IN THE BANK
⢠According to the IBRD Articles of Agreement, membership in the Bank is open to all
members of the IMF
⢠A country applying for membership in the Fund is required to supply data on its
economy, which are compared with data from other member countries whose
economies are similar in size
⢠A quota is then assigned, equivalent to the country's subscription to the Fund, and
this determines its voting power in the Fund
Source: http://www.worldbank.org/en/about/leadership/directors
See also:
http://web.worldbank.org/WBSITE/EXTERNAL/EXTABOUTUS/ORGANIZATION/BODEXT/0,,contentMDK:50004943~noSURL:Y~pagePK:64020054~piPK:64020408~th
eSitePK:278036,00.html
19. VOTING POWER
⢠The quota assigned by the Fund is used to determine the number of shares allotted to each new
member country of the Bank
⢠Each new member country of the Bank is allotted 250 votes plus one additional vote for each share
it holds in the Bank's capital stock
⢠Votes are allocated differently in each organization, and result in different voting powers
⢠The Corporate Secretariat is responsible for coordinating the process for members to complete their
periodic capital increases in IBRD, IDA, IFC, and MIGA
Source: http://www.worldbank.org/en/about/leadership/directors
See also:
http://web.worldbank.org/WBSITE/EXTERNAL/EXTABOUTUS/ORGANIZATION/BODEXT/0,,contentMDK:50004943~noSURL:Y~pagePK:64020054~piPK:64020408~th
eSitePK:278036,00.html
20. WHAT IS THE RELATIONSHIP BETWEEN THE
WORLD BANK AND OTHER INTERNATIONAL
INSTITUTIONS?
⢠UN Organization
⢠Economic and Social Council
⢠The World Bank Group and the United Nations
⢠Three Levels of Collaboration
⢠Framework for Corporation Between IMF & World bank
⢠Key Differences Between the IMF and the World Bank
22. ECONOMIC AND SOCIAL COUNCIL
⢠Specialized Agencies
⢠All members of the United Nations System Chief Executives Board for Coordination (CEB)
⢠Specialized agencies are autonomous organizations whose work is coordinated through ECOSOC
(intergovernmental level) and CEB (inter-secretariat level)
⢠International Centre for Settlement of Investment Disputes (ICSID) and Multilateral Investment Guarantee
Agency (MIGA) are not specialized agencies but are part of the World Bank Group in accordance with Articles 57
and 63 of the Charter
Source: https://www.ungm.org/Areas/Public/pph/apa.html
23. THE WORLD BANK GROUP AND THE UNITED
NATIONS
⢠The World Bank is a specialized agency of the United Nations, while recognizing it
as an independent international organization
⢠The World Bank Group is a financial institution that has its
own mandate, governance structure, and operational independence
⢠The World Bank Group holds an observer status at the United Nations
and is able to participate in the General Assembly, the Security Council,
and the Economic and Social Council, but it has no vote
Source: United Nations (UN). THE WORLD BANK GROUP AND THE UNITED NATIONS, Working Together for Development: http://www.un.org/esa/ffd/ffd3/wp-
content/uploads/sites/2/WBG-UN-Brochure.pdf
24. THREE LEVELS OF COLLABORATION
BETWEEN THE UN & THE WB
INTERGOVERN
MENTAL
â˘The World Bank Group participates actively in UN global processes, such as those that focus on the Millennium Development Goals, Climate Change, the
Post-2015 Development Agenda, and Financing for Development
â˘The World Bank Group engages with UN Member States under the auspices of the UN General Assembly, the Security Council, and the Economic and Social
Council
INTERAGENCY
â˘Since April 2012, the UN Secretary-General has participated in the World Bank Group and International Monetary Fund Spring and Annual Meetings,
together with a number of heads of UN agencies, funds, and programs
â˘The organizations work together on a number of joint initiatives, such as Sustainable Energy for All and Every Woman Every Child
â˘The World Bank Group is also a member of the UN Chief Executives Board, which is chaired by the UN Secretary-General
COUNTRY
â˘In 2008, the World Bank Group and the UN signed a landmark Partnership Framework Agreement to further coordinate their efforts to help countries,
people, and institutions prevent and recover from confl ict and crisis situations
Source: United Nations (UN). THE WORLD BANK GROUP AND THE UNITED NATIONS, Working Together for Development:
http://www.un.org/esa/ffd/ffd3/wp-content/uploads/sites/2/WBG-UN-Brochure.pdf
25. FRAMEWORK FOR CORPORATION
BETWEEN THE IMF & THE WORLD BANK
⢠High-level coordination
⢠During the Annual Meetings of the Boards of Governors of the IMF and the World Bank, Governors consult and
present their countriesâ views on current issues in international economics and finance
⢠A group of IMF and World Bank Governors also meet as part of the Development Committee
⢠Management consultation
⢠The Managing Director of the IMF and the President of the World Bank meet regularly to consult on major issues
⢠Staff collaboration
⢠IMF assessments of a countryâs general economic situation and policies provide input to the Bankâs assessments of
potential development projects or reforms. Similarly, Bank advice on structural and sectoral reforms is taken into
account by the IMF in its policy advice
Source: http://www.imf.org/external/np/exr/facts/imfwb.htm
26. FRAMEWORK FOR CORPORATION
BETWEEN THE IMF & THE WORLD BANK
⢠Reducing debt burdens
⢠The IMF and World Bank have also worked together to reduce the external debt burdens of the most heavily
indebted poor countries under the Heavily Indebted Poor Countries (HIPC) Initiative and the Multilateral Debt
Relief Initiative (MDRI)
⢠Reducing poverty
⢠In 1999, the IMF and the World Bank launched the Poverty Reduction Strategy Paper (PRSP)approach as a key component in the
process leading to debt relief under the HIPC Initiative and an important anchor in concessional lending by the Fund and the Bank
⢠Setting the stage for the 2030 development agenda
⢠Since 2004, the IMF and the Bank have jointly published the annual Global Monitoring Report (GMR) , which so far has assessed the
progress towards the Millennium Development Goals (MDGs)
⢠Assessing financial stability
⢠The Financial Sector Assessment Program (FSAP) was introduced in 1999 to identify the strengths and vulnerabilities of a country's
financial system and recommend appropriate policy responses
Source: http://www.imf.org/external/np/exr/facts/imfwb.htm
27. KEY DIFFERENCES BETWEEN THE IMF AND
THE WORLD BANK
International Monetary Fund (IMF)The World Bank
Purposes
Oversees the international monetary system
Seeks to promote the economic development of the
world's poorer countries
Operation
Promotes exchange stability and orderly exchange
relations among its member countries
Assists developing countries through long-term
financing of development projects and programs
Assists all members that find themselves in temporary
balance of payments difficulties by providing short- to
medium-term credits
Provides to the poorest developing countries special
financial assistance through the International
Development Association (IDA)
Encourages private enterprises in developing countries
through its affiliate, the International Finance
Corporation (IFC)
Source: Driscoll D. David (1996): The IMF and the World Bank How Do They Differ?, External Relations Department Publication Services International Monetary Fund
Washington, D.C. 20431 U.S.A. at: https://www.imf.org/external/pubs/ft/exrp/differ/differ.htm
28. KEY DIFFERENCES BETWEEN THE IMF AND
THE WORLD BANK (CON.)
International Monetary Fund
(IMF)
The World Bank
Size and Structure
Has a staff of 2,300 drawn from [189] member
countries
Has a staff of [12000] drawn from [189] member
countries
Source of Funding
Supplements the currency reserves of its
members through the allocation of SDRs (special
drawing rights)
Acquires most of its financial resources by
borrowing on the international bond market
Draws its financial resources principally from the
quota subscriptions of its member countries
Source: Driscoll D. David (1996): The IMF and the World Bank How Do They Differ?, External Relations Department Publication Services International Monetary Fund
Washington, D.C. 20431 U.S.A. at: https://www.imf.org/external/pubs/ft/exrp/differ/differ.htm
29. HOW IS THE WORLD BANK
GROUP FUNDED?
The World Bankâs Reserves
IBRDâs Business Model
Condensed Balance Sheet of IBRD
30. THE WORLD BANKâS RESERVES
⢠189 member countries have subscribed to
US$223.2 billion of subscribed capital (paid
in capital + callable capital)
⢠International Bank for Reconstruction and
Development (IBRD): Issuer of world bank
(IBRD) bonds
⢠International Development Association (IDA):
Funds raised from donors (governments
of its member countries)
⢠International Finance Corporation (IFC):
Issuer of IFC bonds
⢠IBRD and IFC both issue bonds in the capital
markets. They share the same overall
development goals, but are legally separate
entities. Each entity has its own risk profile
and capital structure
⢠MIGA and ICSID receive the majority of their
funding from the World Bank, much of which
is member funded
Sources: World Bank: World Bank Investor Brief. at: http://treasury.worldbank.org/cmd/pdf/WorldBankInvestorBrief.pdf
World Bank: Investor Presentation: Bonds for Sustainable Development, may 17, 2016. at: http://treasury.worldbank.org/cmd/pdf/IBRDInvestorPresentation.pdf
31. IBRDâS BUSINESS MODEL
Sources: World Bank: Information Statement: International Bank for Reconstruction and Development, September 17, 2015, p. 5. at:
http://treasury.worldbank.org/cmd/pdf/InformationStatement.pdf
32. CONDENSED BALANCE SHEET OF IBRD
Source: World Bank: Investor Presentation: Bonds for Sustainable Development, may 17, 2016. at: http://treasury.worldbank.org/cmd/pdf/IBRDInvestorPresentation.pdf
33. HOW CAN COUNTRIES USE
THE SERVICES OF THE
WORLD BANK FOR THEIR
DEVELOPMENT?
Products and Services of the World Bank Group
Types of Countries
The World bank lending Instrument
Who can Apply for MIGA Supporting?
How to Apply for ICSID facilities?
How to Apply for IFC Financing?
34. PRODUCTS AND SERVICES OF THE WORLD
BANK GROUP
Source:World Bank.
2016. The World
Bank Group A to Z
2016. Washington,
DC: World Bank.
doi:10.1596/978-1-
4648-0484-7. License:
Creative Commons
Attribution CC BY
3.0 IGO
p.141
35. TYPES OF COUNTRIES
By LendingBy IncomeBy Region
IDA
Low-income economies (GNI per
capita in this group: $1,046 to
$4,125)
East Asia and Pacific
Blend
Lower-middle-income economies
($1,046 to $4,125)
Europe and Central Asia
IBRD
Upper-middle-income economies
($4,126 to $12,735)
Latin America & the Caribbean
High-income economies($12,736 or
more)
Middle East and North Africa
High-income OECD membersNorth America
South Asia
Sub â Saharan Africa
Source: http://data.worldbank.org/about/country-and-lending-groups
36. THE WORLD BANK LENDING INSTRUMENT
Source: World Bank 2001. World Bank Lending Instrument: Resources for Development Impact. Washington DC. At:
http://siteresources.worldbank.org/INTBULGARIA/Resources/Lending_Instr_Eng.pdf
LoanEligibility
Lending
Instrument
Specific Investment Loan
Investment loans are available to IBRD and IDA
borrowers not in arrears with the Bank Group
Investment
lending
Sector Investment and Maintenance Loan
Adaptable Program Loan
Learning and Innovation Loan
Technical Assistance Loan
Financial Intermediary Loan
Emergency Recovery Loan
Project-based Partial Risk GuaranteeExcept for project-based partial risk guarantees,
which are extended on a limited basis to IDA
borrowers to support privately financed projects,
Bank guarantees are available only to IBRD
borrowers
World bank
guarantees
Project-based Partial Credit Guarantee
Policy-based Guarantee
37. THE WORLD BANK LENDING INSTRUMENT
Source: World Bank 2001. World Bank Lending Instrument: Resources for Development Impact. Washington DC. At:
http://siteresources.worldbank.org/INTBULGARIA/Resources/Lending_Instr_Eng.pdf
Posner, E. A., & Sykes, A. O. (2014). Voting rules in international organizations. Chi. J. Int'l L., 15, p 14
LoanEligibility
Lending
Instrument
Structural Adjustment Loan
Adjustment loans are available to IBRD and IDA
borrowers not in arrears to the Bank Group.
(Only IBRD borrowers are eligible for special
structural adjustment loans;)
Eligibility for an adjustment loan also requires
agreement on monitorable policy and
institutional reform actions, and satisfactory
macroeconomic management.
Coordination with the IMF is an essential part
of the preparation of an adjustment loan
Adjustment lending
and other non-
project lending
Sector Adjustment Loan
Programmatic Structural Adjustment Loan
Special Structural Adjustment Loan
Rehabilitation Loan
Debt Reduction Loan
⢠As with the IMF, loans are made at below market rates out of Bank capital, or out of additional
funds that the Bank can borrow much more cheaply in the capital markets than the developing
countries that receive the loans
38. HOW TO APPLY FOR IFC FINANCING?
⢠IFC offers a wide variety of financial
products for private sector projects in
developing countries
⢠The project must:
⢠Be located in a developing country that is a
member of IFC
⢠Be in the private sector
⢠Be technically sound
⢠Have good prospects of being profitable
⢠Benefit the local economy
⢠Be environmentally and socially sound,
satisfying our environmental and social
standards as well as those of the host country
⢠IFC does not lend directly to micro, small,
and medium enterprises or individual
entrepreneurs, but many of our investment
clients are financial intermediaries that on-
lend to smaller businesses
Source: http://www.ifc.org/wps/wcm/connect/corp_ext_content/ifc_external_corporate_site/solutions/how-to-apply-for-financing
39. WHO CAN APPLY FOR MIGA SUPPORTING?
⢠They focus on insuring investments in the areas where we can make the greatest
difference
⢠Countries eligible for assistance from the International Development Association (the worldâs
poorest countries)
⢠Fragile and conflict-affected environments
⢠Transformational Projects â large scale and significant investments, with the potential for
bringing about transformational change in the host country
⢠Middle Income Countries where MIGA can have strong impact
Source: https://www.miga.org/who-we-are
40. WHO CAN APPLY FOR MIGA SUPPORTING?
⢠Energy Efficiency and Climate Change - complex energy and infrastructure projects that improve energy
capacity as well as transportation projects that have a positive impact on pollution control (such as mass
transport)
⢠MIGA only supports investments that are developmentally sound and meet high social
and environmental standards
⢠MIGA applies a comprehensive set of social and environmental performance standards to
all projects and offers extensive expertise in working with investors to ensure compliance
to these standards
Source: https://www.miga.org/who-we-are
41. HOW TO APPLY FOR ICSID FACILITIES?
⢠The two main instruments are the ICSID Convention and the ICSID Additional Facility,
which provide the procedural framework for arbitration, conciliation and fact-finding
proceedings
⢠The ICSID Convention provides the basic procedural framework for conciliation and
arbitration of investment disputes arising between ICSID Member States and investors that
qualify as nationals of other Member States
⢠The ICSID Additional Facility Rules authorize the ICSID Secretariat to administer certain
types of proceedings between States and foreign nationals which fall outside the scope of the
Convention
Source: https://icsid.worldbank.org/apps/ICSIDWEB/process/Pages/Overview.aspx
42. WHAT HAS BEEN THE
MAIN ACTIVITIES OF THE
WORLD BANK?
Financing for Partner Countries
The World Bank Group Results
43. FINANCING FOR PARTNER COUNTRIES
56,424
51,22150,232
58,19059,776
42,02842,39040,570
44,39844,582
0
10,000
20,000
30,000
40,000
50,000
60,000
70,000
20112012201320142015
FINANCING FOR PARTNER COUNTRIES
Commitments (Millions of Dollars) Disbursements (Millions of Dollars)
Source:World Bank. 2016. The World Bank Group A to Z 2016. Washington, DC: World Bank. doi:10.1596/978-1-4648-0484-7. License: Creative Commons Attribution CC BY 3.0 IGO p.xxviii
⢠Commitment Includes IBRD, IDA, IFC, and Recipient-Executed Trust Fund (RETF) commitments, and MIGA gross
issuance. RETF commitments include all recipient-executed grants, and therefore total WBG commitments differ from
the amounts reported in the WBG Corporate Scorecard, which includes only a subset of trust-funded activities
⢠Disbursement Includes IBRD, IDA, IFC, and RETF disbursements
44. THE WORLD BANK GROUP RESULTS
Source:World Bank. 2016. The World Bank Group A to Z 2016. Washington, DC: World Bank. doi:10.1596/978-1-4648-0484-7. License: Creative Commons Attribution CC BY 3.0 IGO p.xxix
45. THE WORLD BANK GROUP RESULTS
Source:World Bank. 2016. The World Bank Group A to Z 2016. Washington, DC: World Bank. doi:10.1596/978-1-4648-0484-7. License: Creative Commons Attribution CC BY 3.0 IGO p.xxix
46. THE WORLD BANK GROUP RESULTS
Source:World Bank. 2016. The World Bank Group A to Z 2016. Washington, DC: World Bank. doi:10.1596/978-1-4648-0484-7. License: Creative Commons Attribution CC BY 3.0 IGO p.xxix
47. WHAT ARE THE FUTURE
PLANS OF THE WORLD
BANK?
The World Bank Group Goals
Millennium Development Goals (MDGs)
MDGs and The World Bank Group
Sustainable Development Goals (SDGs)
SDGs and The World Bank Group
48. THE WORLD BANK GROUP GOALS
⢠The World Bank Group has set two goals for the world to achieve by 2030
⢠END EXTREME POVERTY
⢠End extreme poverty by decreasing the percentage of people living on
less than $1.90 a day to no more than 3%
⢠PROMOTE SHARED PROSPERITY
⢠Promote shared prosperity by fostering the income growth of the bottom
40% for every country
Source: http://www.worldbank.org/en/about/what-we-do
49. MILLENNIUM DEVELOPMENT GOALS (MDGS)
⢠The Millennium Development Goals and targets come from the Millennium
Declaration signed by 189 countries, including 147 heads of state, in September
2000
⢠The goals and targets are related and should be seen as a whole
⢠They represent a partnership of countries determined, as the declaration states, âto
create an environmentâat the national and global levels alikeâwhich is conducive
to development and the elimination of povertyâ
Source:World Bank. 2016. The World Bank Group A to Z 2016. Washington, DC: World Bank. doi:10.1596/978-1-4648-0484-7. License: Creative Commons Attribution CC BY 3.0 IGO p.111
See also: http://www.un.org/millenniumgoals/
51. MDGS AND THE WORLD BANK GROUP
Source: http://www.worldbank.org/mdgs/poverty_hunger.html
http://www.worldbank.org/mdgs/education.html
⢠Eradicate Extreme Poverty and Hunger
by 2015
⢠Investing in agriculture
⢠Creating jobs
⢠Expanding social safety nets
⢠Expanding nutrition programs that
target children under 2 years of age
⢠Universalizing education
⢠Promoting gender equality
⢠Protecting vulnerable countries during
crises
⢠Achieve Universal Primary Education by
2015 (a girl with a 5th grade education is
likelier to)
⢠Marry at a later age
⢠Have fewer children
⢠Decrease her chances of being infected
with HIV/AIDS
⢠Find employment later in life
⢠Seek medical care
⢠Vote in her community
⢠Gain access to credit
52. MDGS AND THE WORLD BANK GROUP
Source: http://www.worldbank.org/mdgs/gender.html
http://www.worldbank.org/mdgs/child_mortality.html
⢠Promote Gender Equality and Empower
Women by 2015
⢠Educating girls
⢠Increasing literacy rates among women
⢠Increasing early childhood development
interventions
⢠Increasing womenâs labor force participation
and strengthening labor policies affecting
women
⢠Improving womenâs access to credit, land and
other resources
⢠Promoting womenâs political rights and
participation
⢠Expanding reproductive health programs and
family support policies
⢠Reduce Child Mortality by 2015
⢠Strengthening national health systems
⢠Expanding immunization programs
⢠Enhancing growth monitoring of children
⢠Ensuring the survival and improved health of
mothers
⢠Supporting better nutrition for child and
mother
⢠Investing in improved reproductive health
⢠Making infrastructure investments
53. MDGS AND THE WORLD BANK GROUP
Source: http://www.worldbank.org/mdgs/maternal_health.html
http://www.worldbank.org/mdgs/diseases.html
⢠Improve Maternal Health by 2015
⢠Educating girls and boys
⢠Reducing teenage pregnancies
⢠Empowering women to space births and
choose family size
⢠Improving maternal nutrition
⢠Ensuring trained attendance at deliveries and
better access to emergency and comprehensive
obstetric, ante-natal and post-partum care
⢠Combat HIV/AIDS, Malaria, and Other
Diseases by 2015
⢠Promoting safer sexual behavior, male
circumcision, and providing treatment for HIV
prevention
⢠Promoting use of long-lasting, insecticide-
treated nets to combat malaria
⢠Increasing access to efficacious anti-malaria
medicines
⢠Improving housing conditions, TB screening of
HIV-positive persons, and Directly Observed
Treatment Short Course (DOTS) therapy for
TB
54. MDGS AND THE WORLD BANK GROUP
Source: http://www.worldbank.org/mdgs/environment.html
http://www.worldbank.org/mdgs/global_partnership.html
⢠Ensure Environmental
Sustainability by 2015
⢠Investing in clean energy
⢠Making infrastructure improvements
⢠Increasing access to sanitation
⢠Offering technical assistance
⢠Promoting ecosystem-based solutions
⢠Develop a Global Partnership for
Development by 2015
⢠Promoting debt relief
⢠Developing IT infrastructure
⢠Expanding trade agreements
⢠Improving access to affordable drugs
⢠Increasing poverty-reducing
expenditures
55. SUSTAINABLE DEVELOPMENT GOALS (SDGS)
Source:World Bank. 2016. The World Bank Group A to Z 2016. Washington, DC: World Bank. doi:10.1596/978-1-4648-0484-7. License: Creative Commons Attribution CC BY 3.0 IGO
p.174
56. SDGS AND THE WORLD BANK GROUP
Source:World Bank. 2016. The World Bank Group A to Z 2016. Washington, DC: World Bank. doi:10.1596/978-1-4648-0484-7. License: Creative Commons Attribution CC BY 3.0 IGO
pp.174-175
⢠The WBG and regional development banks can add value through a combination of
⢠Technical expertise; prudent risk management policies; application of clear standards to
project design, execution, and corporate governance; a long-term perspective; and cross-
country experience
⢠Multilateral development banks can bring financing partners into specific deals and
contribute to extending maturities of private flows to finance productive
investments.
57. WHAT CRITICISMS HAVE
BEEN RAISED ABOUT THE
WORLD BANK?
Does Political Power at the World Bank Matter?
American Hegemony
58. DOES POLITICAL POWER AT THE WORLD
BANK MATTER?
⢠Do political considerations play a part in who the Bank lends to?
⢠Officially, how does the World Bank interfere with the political affairs
of its members/clients?
⢠(Answer: Officially, it doesnât.)
⢠How does this influence its lending decisions?
⢠(Answer: Again, officially, it doesnât.)
59. DOES POLITICAL POWER AT THE WORLD
BANK MATTER?
⢠âGovernanceâ
⢠Even officially, however, the World Bank does try to improve âgovernanceâ â this is a euphemism for
âdemocracy.â Many members (e.g., China) would object if âdemocracyâ were used officially
⢠Washington Consensus & Structural adjustment programmes (SAPs)
ď âFree market" programs and policy
See also: http://www.brettonwoodsproject.org/2005/08/art-320869/
60. WORLD BANK PRESIDENTS
⢠Because major decisions require an 85 percent super-majority vote, the U.S. can
effectively veto any change (100% -16.6% = 83.4%)
⢠There has been an unwritten but traditional rule that the World Bank president will
always be an American
Sources: Posner, E. A., & Sykes, A. O. (2014). Voting rules in international organizations. Chi. J. Int'l L., 15, p 13
https://en.wikipedia.org/wiki/President_of_the_World_Bank_Group
BackgroundNationalityDatesNamePortrait
American financier, public official, and
newspaper publisher (Washington Post)
United
States of
America
1946 â 1946Eugene Meyer
American lawyer and banker who served as
Assistant Secretary of War during World War II
United
States of
America
1947 â 1949John J. McCloy
61. WORLD BANK PRESIDENTS
BackgroundNationalityDatesNamePortrait
Enlisted in the United States Navy during world
war I. Bank executive with Chase and executive
director with the World Bank
United
States of
America
1949 â 1963Eugene R. Black, Sr.
Bank executive with First Boston Corporation
United
States of
America
1963 â 1968George Woods
American business executive with Ford Motor
Company and the eighth Secretary of Defense,
serving from 1961 to 1968 under Presidents John
F. Kennedy and Lyndon B. Johnson, during the
Vietnam War
United
States of
America
1968 - 1981Robert McNamara
Lawyer, bank executive with Bank of America
United
States of
America
1981 â 1986Alden W. Clausen
Sources: World Bank. 2016. The World Bank Group A to Z 2016. Washington, DC: World Bank. doi:10.1596/978-1-4648-0484-7. License: Creative Commons Attribution CC
BY 3.0 IGO pp.135 - 136
https://en.wikipedia.org/wiki/President_of_the_World_Bank_Group
62. WORLD BANK PRESIDENTS
BackgroundNationalityDatesNamePortrait
Enlisted in the Marines in World War II. New
York State Senator and US Congressman
United
States of
America
1986 â 1991Barber Conable
Enlisted US Marines during World War II. Bank
executive with J.P. Morgan
United
States of
America
1991 â 1995Lewis T. Preston
Corporate lawyer and banker
United
States of
America
1995 - 2005Sir James Wolfensohn
Various cabinet and government positions; US
Ambassador to Indonesia, US Deputy Secretary of
Defense. a major architect of President Bush's
Iraq policy
United
States of
America
2005 â 2007Paul Wolfowitz
Sources: World Bank. 2016. The World Bank Group A to Z 2016. Washington, DC: World Bank. doi:10.1596/978-1-4648-0484-7. License: Creative Commons Attribution CC
BY 3.0 IGO pp.136 - 138
https://en.wikipedia.org/wiki/President_of_the_World_Bank_Group
63. WORLD BANK PRESIDENTS
BackgroundNationalityDatesNamePortrait
Various positions at the Department of the
Treasury from 1985 to 1988. Bank
executive with Goldman Sachs, Deputy
Secretary of State and US Trade
Representative
United
States of
America
2007 â 2012Robert Zoellick
Korean-American physician and
anthropologist, co-founder of Partners in
Health and 17th President of Dartmouth
College. Elected on 16 April 2012
Korea
Republic,
United
States of
America
2012 -
present
Jim Yong Kim
Sources: World Bank. 2016. The World Bank Group A to Z 2016. Washington, DC: World Bank. doi:10.1596/978-1-4648-0484-7. License: Creative Commons Attribution CC
BY 3.0 IGO pp.138 - 139
https://en.wikipedia.org/wiki/President_of_the_World_Bank_Group
64. WHAT IS THE WORLD
BANK PUBLICATIONS?
Types of Documents
The World Bank Group Publications
Staying Connected to the World Bank Group
65. TYPES OF DOCUMENTS
⢠Board documents
⢠These are items related to meetings of the
WBâs Board of Directors
⢠Country focus
⢠These documents concern strategic priorities
and directions for lending activities
⢠Economic and sector work
⢠These reports provide in-depth background,
strategic priorities, and direction for lending
activities
⢠Project documents
⢠These documents are released to the public in
the course of a project, according to the stage
in the project cycle
⢠Publications and research
⢠These include formal publications, working
papers, and informal series from departments
around the WBG
Source: http://documents.worldbank.org/curated/en/about
66. THE WORLD BANK GROUP PUBLICATIONS
Source:World Bank. 2016. The World Bank Group A to Z 2016. Washington, DC: World Bank. doi:10.1596/978-1-4648-0484-7. License: Creative Commons Attribution CC BY 3.0 IGO
p.146
See also: electronic library of the World Bank: http://elibrary.worldbank.org/
67. THE WORLD BANK GROUP PUBLICATIONS
Source:World Bank. 2016. The World Bank Group A to Z 2016. Washington, DC: World Bank. doi:10.1596/978-1-4648-0484-7. License: Creative Commons Attribution CC BY 3.0 IGO p.147
68. STAYING CONNECTED TO THE WORLD BANK
GROUP
Source:World Bank. 2016. The World Bank Group A to Z 2016. Washington, DC: World Bank. doi:10.1596/978-1-4648-0484-7. License: Creative Commons Attribution CC BY 3.0 IGO pp.165-166
69. ANNEX
Open Data At The World Bank
Data By Indicator
Development Data Group
71. DATA BY INDICATOR
Click on
âBy
Indicatorâ to
see list of
indicators
within
various topics
Select
âAgriculture,
value addedâ
from the list
72. DATA BY INDICATOR
Indicator page for âAgriculture, value addedâ is displayed
showing the definition and a table containing values for all
countries
One can
sort values
by clicking
on the year
heading
74. DATA BY INDICATOR
Click on âGraphâ
to view selected
indicator in a
graph format.
The graphâs
default would be
for the âWorldâ
75. DATA BY INDICATOR
Users can add more countries to the graph by using
the âCountry/Region/Income Levelâ box. In this case
we are adding India and China
76. DATA BY INDICATOR
Users can use the Widget to
embed the chart in their
own environment. To do so,
click on the scissor icon
and copy and paste the
Embed code
77. DATA BY INDICATOR
Within the
indicator
page, users
can select
from other
options
⢠DataBank gives access to various databases where users
can select multiple countries, indicators, and years.
⢠Download Data option provides all indicators on the
selected topic for all countries from 1960 to the most recent
year of available data
⢠Share provides access to social media
78. DATA BY INDICATOR: DATABANK
DataBank gives
access to various
databases where
users can select
multiple countries,
indicators, and years.
79. DATA BY INDICATOR: DOWNLOAD
DATA
Download
Data option
provides data
for selected
indicator for
all countries
and regions
from 1960 to
present