Introduction to World Bank

1. WORLD
BANK
GROUP ASSIGNMENT | Group 7

2. YATIRAJ
LAHOTI
197163
DHARMIKA
MAHESHWAR
I
197217
KRISHNA
PATEL
197229
MUSKAN
SUNEJA
197332
T M
A
E

3. Table of contents
Introduction and
Importance
01.
Role of India
02.
Relevance of
World Bank
03.
Composition
04.
Achievements
and Criticism
05.
Conclusion
06.

4. Introduction
and Importance
01

5. ● The World Bank was established in 1944.
Headquarters - Washington D.C., United States.
● First began operations in 1946 with the official
name the International Bank for Reconstruction
and Development (IBRD) , and had 38 members.
● Today international development organization is
owned by 189 countries.
● The Bank is also one of the world's largest
research centers in development.
INTRODUCTION

6. David
Malpass
Anshula Kant
President
Managing Director and
World Bank Group Chief
Financial Officer.
World Bank Leadership

7. Borrowers Suppliers
India (16.31%)
Pakistan (7.32%)
Bangladesh (4.86%)
Nigeria (4.62%)
China (4.55%)
China (23.86%)
India (16.84%)
Turkey (5.81%)
Nigeria (2.85%)
France (2.37%)
TOP 5

8. IMPORTANCE
Promotes
environment
Protection.
Promotes long-
term economic
development and
poverty reduction
Since 1947, the World Bank has funded
over 12,000 development projects, via
traditional loans, interest-free credits,
and grants.
Important in
the world of
trade.
Providing technical, economic and
monetary advice to member countries for
specific projects.

9. Role of
INDIA
02

10. India is a member of four of the five constituents of
the World Bank Group
World Bank assistance in India started from 1948 when a
funding for Agricultural Machinery Project was
approved.
India became a member of MIGA in
January 1994.
India purchased 5757 shares from IBRD
India currently holds 81,342 shares of IFC, representing
3.43% of IFC’s subscribed share capital

11. Relevance of
World Bank
03

12. Relevance
● Helps developing countries achieve sustainable growth by
financing investment, mobilizing capital in international
financial markets
● Provides advisory services to businesses and governments.
● Brings innovative financing, global knowledge and experience,
and long-term commitment to each of its partnerships
● Partnering with the private sector on infrastructure
● Reaping the benefits of digital technologies
● Boosting agriculture to create jobs

13. Composition of
World Bank
04

14. WORLD BANK GROUP
1 2 3 4 5
IBRD
International Bank
for Reconstruction
and Development
IDA
International
Development
Agency
IFC
International
Finance
Corporation
MIGA
Multilateral
Investment
Guarantee Agency
ICSID
International centre
for settlement of
investment
disputes

15. Achievements
and Criticism
05

16. Achievements
Knowledge for
Change
Program (KCP)
Afghanistan
Reconstruction
Trust fund
World Bank
Multi- Partner
Fund
1
Global Financial
Inclusion
indicators Trust
Fund
2 3 4
Carbon Initiative
for
Development
5

17. CRITICISM FACED BY
WORLD BANK
● It was started to reduce poverty but it supports
United states’ business interests
● The President of the bank is always a citizen of
United states
● Lack of Transparency to External Public
● It is an instrument for the promotion of U.S. and
western interests
● The decision making structure is undemocratic

18. Conclusion
06

19. An International financial
Institution that provides
financial advice to member
countries.
CONCLUSION
World Bank consist five
Institutions.
Institutions work together
for poverty reduction.
Pushed neoliberal agenda
imposing on developing
countries.

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