World Bank and its Working and involvement globally

BBA 5th(A)
Group Members:
Talha Ali
Muhammad Tahseen Javed
Muhammad Ali
Saif Ali Ishaq
Najam-Us-Saqib
Presentation on
World Bank

What is World Bank?
An International
organization dedicated to
provide financing, advice
and research to develop
nations to aid their
economic advancement.

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

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

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

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

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 :

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

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

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

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

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

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

 Is a very simple
 Our dream is a world free of economy
Mission

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

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

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

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

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

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

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

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

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.

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.

World Bank and its Working and involvement globally

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