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• The World Bank is one of the world’s largest
sources of funding for the developing world.
• Its primary focus is on helping the poorest people
and the poorest countries.
• It uses its financial resources, its staff, and
extensive experience to help developing countries,
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reduce poverty, increase Dona 16 growth,
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improve their quality of life28
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• The International Bank for Reconstruction and
Development (IBRD)
• The International Development Association (IDA)
• The International Finance Corporation (IFC)
• The Multilateral Investment Guarantee Agency (MIGA)
• The International Centre for the Settlement of Investment
Disputes (ICSID). Lynn 11 Dona 16 Jane 24
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Headquarters: Washington, DC and more than 100
offices around the world.

Established: July 1, 1944 by a conference of 44


governments in Bretton Woods, New Hampshire, USA

Membership: 185 countries


Staff: ApproximatelyLynn
7,00011
employees
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DC and over 3,000 in Joanna
offices around the world.
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Goal 1: End extreme poverty and hunger.
Goal 2: Achieve universal primary education
Goal 3: Empower women and promote equality between
women and men
Goal 4: Improve health of pregnant women and mothers;
Goal 5: Reduce child death rates
Goal 6: Ensure environmental sustainability
Goal 7: Create a global partnership for development, with
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targets for aid, trade and debt relief.
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Goal 8: Tackle HIV/AIDS,Joanna 28and
Malaria, Shelley17 Rric27
other diseases
• They run like a cooperative, with their member countries as
share holders. The no. of shares a country has is based on the
size of the economy.

• Largest Share holder: United State (16.41% of votes)


• Followed by: Japan (7.87% ),
Germany (4.49%),
The United Kingdom (4.31%) &
France (4.31%) .
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The rest of the shares are divided among the other member
countries
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Ultimate Decision-Making Authority: Their
government represented by Board of Governors. These governors are
ministers, such as Ministers of Finance or Ministers of Development.

Day-To-Day Decision Making: Governors meet only once


in a year. They give specific duties to their Executive Directors, who work
on-site at the Bank.
The 24 Executive Directors make up the Board of Directors.
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Their President is, by tradition, 11 Dona 16 Jane
of the largest 24
shareholders
- The United States.
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Elected for a five-year term (which can be renewed)
IBRD IDA IFC M.I.G.A ICSID

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• The International Bank for Reconstruction and
Development (IBRD) provides loans and development
assistance to middle income countries in Latin America,
Asia, Africa and Eastern Europe.
• IBRD gets most of its funds by selling bonds in
international capital markets.

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The International Development Association (IDA) plays an important role in
our mission to reduce poverty.

Its support is focused on the poorest countries, to which it provides interest-


free loans and grants.

IDA depends on contributions from its wealthier member countries (including


some developing countries) for most of its financial resources.

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The International Finance Corporation (IFC) promotes growth in the
developing world by financing private-sector investments and
providing technical support and advice to governments and
businesses.

In partnership with private investors, IFC provides loans and equity


finance for business ventures in developing countries.

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The Multilateral Investment Guarantee Agency (MIGA) encourages
foreign investment in developing countries by providing guarantees
to foreign investors against loss caused by noncommercial risks.

MIGA also provides technical support to help developing countries


promote investment opportunities and uses its legal services to
reduce possible barriers to investment.

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The International Centre for the Settlement of
Investment Disputes (ICSID) provides facilities
for settling investment disputes between foreign
investors and their host countries.

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World bank gets its main income by lending out its own
capital.
IBRD (our main lending agency) raises most of its money
in the world’s financial markets by selling our AAA-rated
World Bank bonds— usually to financial institutions,
pension funds and other institutional money managers, as
well as to central banks.

They earn interest and fee income on our loans, and


income on our liquid asset investments and capital that is
paid in by our memberLynn
country
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IDA also helps mobilize 28 Shelley17
and coordinate aid fromRric27
donor
countries and other international organizations.
IBRD LOANS GUARENTEES

IDA CREDITS INVESTMENTS

TRUST FUND GRANTS

PROJECT FINANCE

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