WORLD BANK ITF 212 INTERNATIONAL TRADE AND INVESTMENT INSTRUCTOR : Assoc. Prof. Dr. Hasan F. BAKLACI Güleycan DAĞDELEN Büşra ÇETMEN Görkem KURU Ahmet N. BOĞANÇ
What is World Bank? dedicated to providing finance research to developing nations created at the end of World War II
HISTORY OF WORLD BANK establishing with IMF in 1944 Sign with 44 countries Prepare ‘Articles of agreement’
Articles of Agreement To assist in the reconstruction and development To promote private investment suitable finance conditions for productive purpose Preferential more useful and urgent projects To help the post-war years
MISSION ; Create a world fee of poverty’
STRUCTURE 184 member countries capital ratio 0.5% ratio of votes 0,5 55% of capital belong to 11 members
Five Institutions, One Group International Bank for Reconstruction and Development lends to governments of middle-income and creditwo countries.
Interest-free for poorest countries
the largest global development institution focused exclusively on the private sector
to promote foreign direct investment into developing countries
provide international facilities
TO BE A MEMBER OF WORLD BANK Must be member of IMF Must be member of IBRD the final decision-making power within the organizations on all matters
TODAY… attempts to fight poverty more direct government support policies and infrastructure projects 12th president is Jim Yong Kim
TYPES OF LOANS LEARNING AND INNOVATION LOAN small-scale investments Learn from observation ’Commodities Market Development Project’’ in Turkey SPECIFIC INVESTMENT LOANS (SIL) Growth economic, social and institutional infrastructure projects. Turkey received 194 loan
EMERCENCY RECOVERY LOAN (ERL) extraordinary events FINANCIAL INTERMEDIARY LOAN accommodate needs of the real sector investment credit to the local financial institutions Long term credit
INVESTMENT LOANS realize public investment projects Finance part of the project ADJUSTMENT LOANS support the implementation of economic policy structural adaptation changes in macroeconomic policy, used at one stage or step by step
-World Bank-Turkey Relations- became a member of the World Bank in 1947 Turkey 0.48% of the voting power Turkish economies liberalization program 159 credit agreement signed with Turkey since 1947
Turkey’s geographical location important needs : such as performed this situations Turkey has big potential Turkey not use net resources against World Bank starting with 1989 more loans are the currency interest rate payment has realized
Turkey's Worl d Bank Group debt the share of total foreign debt : million$, to the IFC 103 million$ to the IDA million$ to the IBRD
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