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WORLD BANK
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BUILDING OF WORLD BANK WORLD BANK
The world bank is an internationally supported bank that provides financial and technical assistance to developing countries for development programs (e.g. bridges, roads, schools)with the stated goal of reducing poverty.
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INTRODUCTION President :- Robert B. Zoellick Membership : countries Affiliates :- IFC, MIGA, ICSID Headquarters :- Washington, DC and more than 100 country Staff :- about all over the world Established :- July 1,1944
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ROBERT B.ZOOLICK
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NEED OF WORLD BANK BUILD CAPACITY CREATE INFRASTRUCTURE
DEVELOP FINANCIAL SYSTEM COMBAT CORRUPTION
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HISTORY The world bank is one of the two Bretton Woods Institutions which were created in 1944 to rebuild a wartorn europe after World War II . Later ,largely due to the contributions of the Marshall Plan ,the World Bank was forced to find a new area in which to focus its efforts.
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POVERTY REDUCTION STRATEGIES COMPREHENSIVE DEVELOPMENT FRAMEWORK
CONTRIBUTION POVERTY REDUCTION STRATEGIES COMPREHENSIVE DEVELOPMENT FRAMEWORK
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OPERATIONS Fund generation Loans Grants Analytic & Advisory Services Capacity building
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FUND GENERATION IBRD lending to developing countries is financed by selling AAA-rated bonds. IDA is the world’s largest source of interest free loans and grant assistance to the poorest countries.
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LOANS INVESTMENT LOANS DEVELOPMENT POLICY LOAN WORLD BANK TREASURY
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GRANTS Relieve the debt burden of heavily indebted poor countries Improve sanitation and water supplies Support vaccination and immunisation programs to reduce the incidence of communicable diseases like malaria Combat the HIV/AIDS pandemic Support civil society organisations Create initiatives to cut the emission of greenhouse effect
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ANALYTIC AND ADVISORY SERVICES
Poverty Assessments Public Expenditure Reviews Country Economic Memoranda Social and Structural Reviews Sector Reports Topics in Development
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CAPACITY BUILDING Advisory Services and Ask Us Global Development Learning Network World Bank Institutes Global and Regional Programs B-SPAN
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AREA OF OPERATION 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
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SUPPORT TO INDIA India is home to over one-quarter of the world’s poor, and the World Bank Group is focused on sharing best practices as well as financing for development as part of its mission ton help reduce global poverty.
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INDIA ASSOCIATION WITH WORLD BANK
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CRITICISM It was started to reduce poverty but it support United States’ business interests. It is deeply implicated in contemporary modes of donor and NGO driven imperialism. The President of the Bank is always a citizen of the United States.
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Lack transparency to external publics.
It is an instrument for the promotion of U.S. or Western interests. The decision-making structure is undemocratic. It has consistently pushed a “neo-liberal” agenda.
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World bank provides the largest external funds for education.
5 PRIORITIES OF WORLD BANK World bank provides the largest external funds for education. It is a big support in reducing poverty. It provides fund for biodiversity projects. it helps to bring clean water, electricity, and transport to poor people. It helps in controlling emerging conflicts.
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THANK YOU......
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PRESENTED BY RACHNA PRASHANT RAJPAL PRASHANT PRASOON MILAN
PRADEEP BHARTI PRADEEP SINGH BIST PRAMILA PRAVESH PRAVIN PRIYANKA SHARMA
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