World Bank and its Working and involvement globally
1. BBA 5th(A)
Group Members:
Talha Ali
Muhammad Tahseen Javed
Muhammad Ali
Saif Ali Ishaq
Najam-Us-Saqib
Presentation on
World Bank
2.
3. What is World Bank?
An International
organization dedicated to
provide financing, advice
and research to develop
nations to aid their
economic advancement.
4. Founded in July 1944, 70 years ago at Breeton Woods,
New Hampshire
Its president name Jim Yong Kim
Initial capital was $10b
Its membership with 185 countries
Official languages include Arabic, Chinese, English,
French, Russian, Spanish
History
5.
6. Today World bank functions as a international
organization by giving loans and offering advice and
training in both the private and public sectors.
The world bank aims to eliminate poverty by helping
people help themselves.
Its Headquarter in Washington D.C and more than 100
offices in different countries
History
7. Why it came into existence?
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
8. One group – Five agencies
International Bank for Reconstruction and
Development (IBRD)
International Development Association (IDA)
International Finance Corporation (IFC)
Multilateral Investment Guarantee Agency(MIGA)
International Centre for Settlement of Investment
Disputes (ICSID)
Division of World Bank
9. The Mission of IBRD is to finance the reconstruction of
nations devasted by World War.
Provide loans to government and public enterprises.
To fight poverty by means of financing state.
International bank for
Reconstruction and development :
10. It provides long term and interest free loans to 80 poorest
countries.
It provide loans to:
Primary Education
Basic health services
Clean water supply and sanitation
Infrastructure and institutional reforms
International development association
11. It provides finance assistance to less developed countries.
Provide advisory service to member countries.
It contributes for the economic development of less
developed countries.
Inrernational financial corportation
12. They are promoting foreign direct investments to improve
people's lives and reduce poverty.
It provides political risk insurance to investors and
lenders.
Multilateral investment
guarantee agency
13. ICSID is an autonomous international institution
established under the convention on the settlement of
investment disputes between states and nationals of
other states.
International center for settlement of
investment disputes
14.
15. The World Bank Group first came into being in 1960s
1946: World Bank founded along with sister institution,
the International Monetary Fund.
1956: International Finance Corporation (IFC) created to
support private ventures and industrial loans
1960: International Development Associacation (IDA)
created to give funds to very poor countries
Key Dates
16. 1966: International centre of the settlement of
International Disputes (ICSID)
1988: The new Multilateral Investment Guarantee Agency
(MIGA) insures against political risk and to encourage
private investments.
Key dates
17. Is a very simple
Our dream is a world free of economy
Mission
18. Eradicate Extreme Poverty and Hunger
Promote education
Improve maternal health
Take action against HIV/AIDS, Malaria, and Other
Diseases:
Reduce child mortality
Promote gender equality
Goals
19. To achieve the goals bank focuses on six areas:
Overcome poverty by spurring growth, especially in
South Africa.
Help reconstruct countries emerging from war, the
biggest cause of extreme poverty
Provide a customized solution to help middle-
income countries remain out of poverty.
World Bank Focus
20. Spur governments to prevent climate change. It helps
them control communicable diseases, especially
HIV/AIDS and malaria. It also manages international
financial crises and promotes free trade.
Work with the Arab League on three goals. They are to
improve education, build infrastructure and provide
micro-loans to small businesses
Share its expertise with developing
countries. Publicize its knowledge via reports and its
interactive online database.
World bank focus
21. To provide long run capital to member countries for
economic development.
To provide guarantee for loans granted to small and large
units and others project of member countries
To promote capital and investment in member countries
Objectives
22. The poorest countries. Poverty reduction and sustainable
growth in the poorest countries, especially in Africa.
Post conflict and fragile states. Solutions to the special
challenges of post conflict countries and fragile states.
Middle-income countries. Development solutions with
customized services as well as financing for middle-
income countries.
Role of World Bank
23. Global public goods. Addressing regional and global
issues that cross national borders, such as climate change,
infectious diseases, and trade.
The Arab world. Greater development and opportunity in
the Arab world.
Knowledge and learning. Leveraging the best global
knowledge to support development
Role of World Bank
24. ENVIRONMENTAL AND SAFEGUARD
POLICIES:
The policies of world bank’s are a cornerstone of its
support to sustainable poverty reduction.
The Objectives of these policies is to prevent and mitigate
undue harm to people and their environment in the
development process.
POLICIES OF WORLD BANK
25. The World Bank provide low interest loans, interest-free
credit and grants.
It focus on improving Education, Health and infrastructure
It use funds to modernize a country financial sector ,
agricultural and natural resources management.
Purpose and Functions
26. To achieve goals Bank focus on six areas:
Overcome poverty by spurring growth, especially in
Africa.
Provide a customized solution to help middle-income
countries remain out of poverty.
Work with the Arab League on three goals. They are to
improve education, build infrastructure and provide micro-
loans to small businesses.
Purpose and Functions
27. Spur governments to prevent climate change. It helps
them control communicable diseases, especially
HIV/AIDS and malaria.
It manages international financial crises and promotes free
trade.
Help reconstruct countries emerging from war, the biggest
cause of extreme poverty.
Purpose and Functions