World bank – objectives & functions

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World bank – objectives & functions

  1. 1. World Bank – Objectives & Functions Presented By – Subhajit Bhattacharya 10DF005
  2. 2. Topics to be Discussed <ul><li>Introduction </li></ul><ul><li>Brief History of World Bank </li></ul><ul><li>Top Officials </li></ul><ul><li>Roles & Objectives </li></ul><ul><li>Expanded Focus </li></ul><ul><li>Other Functions </li></ul><ul><li>Criticism </li></ul>
  3. 3. Introduction <ul><li>Definition </li></ul><ul><li>Stated Goal </li></ul>
  4. 4. Brief History <ul><li>Created at Bretton Woods Conference in 1944 </li></ul><ul><li>Domination of The US & UK in negotiations </li></ul><ul><li>1945 – 1968 </li></ul><ul><li>1968 – 1980 </li></ul><ul><li>1980 – 1989 </li></ul><ul><li>1989 - Present </li></ul>
  5. 5. Top Officials <ul><li>Board of Governors </li></ul><ul><li>Executive Directors </li></ul>
  6. 6. Roles & Objectives <ul><li>Expanded & evolved over the years </li></ul><ul><li>Main focus – Reconstruction & Development in situations like – </li></ul><ul><li>Natural Disasters </li></ul><ul><li>Needs affecting developing countries </li></ul><ul><li>Post conflict rehabilitation </li></ul><ul><li>Needs affecting a transitioning economy </li></ul>
  7. 7. Expanded Focus <ul><li>Creating Infrastructure </li></ul><ul><li>Developing financial systems </li></ul><ul><li>Protect individual and property rights </li></ul><ul><li>Implement legal systems that encourage business </li></ul>
  8. 8. Other Functions <ul><li>Improving living standards </li></ul><ul><li>Poverty reduction strategies </li></ul><ul><li>Clean technology fund management </li></ul><ul><li>Clean air initiative </li></ul><ul><li>United Nations development business </li></ul>
  9. 9. Criticism <ul><li>Criticized by various non-government organizations </li></ul><ul><li>Policies are criticized by intellectuals </li></ul><ul><li>Criticism often takes the form of protesting </li></ul>
  10. 10. Thank You !

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