History,Features,Objectives,Five agencies

1. The World bank
Presented by
Vishnu M V
Grace Maria Joseph

2. World Bank is an international
financial institution that provides
loans to developing countries for
development programs.
(e.g. bridges, roads, schools etc)
The World Bank has the goal of
reducing poverty.

3. World Bank was formed on July 1944 at the Bretton Woods
Conference.
It was originally created as the International Bank for
Reconstruction and Development (IBRD) along with its twin,
the IMF.
Together they came to be known as the ‘Bretton Woods twin
sisters’.

4. The World Bank was created at the end of World War II as a
result of many European and Asian countries needing financing
to fund reconstruction efforts.
The Bank is successful in providing financing for these
destroyed countries.
In early 1946 this international bank launched its carrier as
the Multilateral Development Bank and since then the IBRD
came to be known as the World Bank.
Headquarter of World Bank is located at Washington D.C.
(U.S.A.)

5.  Formation : July 1944; 71 years ago
 Type : Monetary International Financial
Organization
 Headquarters : Washington D.C. (U.S.A.)
 Membership : 188 countries (IBRD)
173 countries (IDA)
 Official language : Arabic, Chinese, English, French,
Russian, Spanish
 President : Jim Yong Kim
 Parent organization : World Bank Group

7. International Bank for Reconstruction and Development
– IBRD
This is an institution within the World Bank that aims to
reduce poverty in middle- income and creditworthy poorer
countries by promoting sustainable development through loans,
guarantees, risk management products, and analytical and advisory
services. It was established in 1944 .

8. International Development Association - IDA
It helps poor nations to reduce the poverty.
They give loans as credits and grants.
It is known as “soft lending arm of the world bank” .
Because it gives interest free loans to the poor nations.
It was established in 1960.

9. International Finance Corporation -
IFC
Established in 1956.It gives investment
and advisory services to build the private
sector in developing nations.
Multilateral Investment Guarantee
Agency – MIGA
Established in 1988. MIGA encourage
foreign investments in developing nations by
providing guarantees to foreign investors
against the loss caused by non-commercial
risk.

10. International Center for the Settlement of
Investment Disputes - ICSID
Founded in 1966, is an autonomous body , which
facilitate , settlement of dispute between foreign investors and
their host nations.

11. The World Bank is active in the
following areas are :-
Agriculture and Rural Development ,Economic policy ,
Education, Energy, Environment ,Financial sector , Health,
nutrition and population industry, Information, computing and
telecommunication, Law and justice, Private sector ,Social
protection ,Trade, Water resources, Water supply and sanitation

12. Functions
To help in reconstruction and development of member
countries.
Spread peace all over the world regarding financial terms.
Helps to developing and less developed countries by
crediting the finance.
To promote private foreign investments.

13. To promote long term balanced growth of international
trade.
Maintenance of equilibrium in balance of payments of
member countries and also to increase the standard of living
as well as labour conditions of developing and less
developed countries.
Investment of money in productive purposes only.

14. Objectives
Investing in people, particularly through basic health and
education
Focusing on social development, inclusion, governance and
institution building as the major elements of poverty alleviation
Strengthening the ability of the governments to deliver quality
services with greater efficiency and transparency
Protecting the environment
Supporting and encouraging private business development
and long term planning.

15. World bank’s top borrowers
 Mexico
 Brazil
 Turkey
 Pakistan
 China
 India
 Argentina

16. World bank’s top contributor’s
1. U S A 16.39%
2. Japan 7.87 %
3. Germany 4.49%
4. UK 4.30%
5. France 4.30%

17. India and World Bank
India was one of the 17 countries which met in Atlantic City,
USA in July 1944 to prepare the agenda for Bretton Wood
conference.
In fact the name International Bank for Reconstruction and
Development (IBRD) was first suggested by India to the
drafting committee.
The bank lending to India started in 1949, when the first
loan of $34 million was approved for the Indian railways.

18. The aggregate of the bank’s lending in India in the last 45
years was approximately $42 million.
India is the single largest borrower of world bank and IDA.
The world bank group’s Partnership Strategy for India
(2013-17) will help India lay the formation for achieving
“faster ,sustainable and more inclusive growth” as outlined in
the govt’s 12th five year plan.
The world bank will support India with an integrated
package of financing, advisory services and knowledge.
During the world bank financial year (July 2013-June
2014),funding for India was $5.2 billion across 16 projects.

19. Thank
You