The World Bank is an international financial institution that provides loans and development assistance to developing countries around the world. It has five agencies that provide financing, insurance, technical assistance, and that help settle investment disputes. The World Bank gets most of its funding from selling bonds and uses the funds to help reduce poverty, increase economic growth, improve health and education, and promote environmental sustainability in developing nations. It has over 185 member countries and nearly 10,000 employees worldwide.
The World Bank is an international financial institution that provides loans and development assistance to developing countries around the world. It has five agencies that provide financing, insurance, technical assistance, and that help settle investment disputes. The World Bank gets most of its funding from selling bonds and uses the funds to help reduce poverty, increase economic growth, improve health and education, and promote environmental sustainability in developing nations. It has over 185 member countries and nearly 10,000 employees worldwide.
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The World Bank is an international financial institution that provides loans and development assistance to developing countries around the world. It has five agencies that provide financing, insurance, technical assistance, and that help settle investment disputes. The World Bank gets most of its funding from selling bonds and uses the funds to help reduce poverty, increase economic growth, improve health and education, and promote environmental sustainability in developing nations. It has over 185 member countries and nearly 10,000 employees worldwide.
Copyright:
Attribution Non-Commercial (BY-NC)
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Download as PPT, PDF, TXT or read online from Scribd
• 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, Lynn 11 economic reduce poverty, increase Dona 16 growth, Jane 24 and Joanna improve their quality of life28 . Shelley17 Rric27 • 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 Joanna 28 Shelley17 Rric27 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 Dona 16in Washington, Jane 24 DC and over 3,000 in Joanna offices around the world. 28 Shelley17 Rric27 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 Lynn 11 Dona targets for aid, trade and debt relief. 16 Jane 24 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%) . Lynn 11 Dona 16 Jane 24 The rest of the shares are divided among the other member countries Joanna 28 Shelley17 Rric27 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. Lynna national Their President is, by tradition, 11 Dona 16 Jane of the largest 24 shareholders - The United States. Joanna 28 Shelley17 Rric27 Elected for a five-year term (which can be renewed) IBRD IDA IFC M.I.G.A ICSID
Lynn 11 Dona 16 Jane 24
Joanna 28 Shelley17 Rric27 • 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.
Lynn 11 Dona 16 Jane 24
Joanna 28 Shelley17 Rric27 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.
Lynn 11 Dona 16 Jane 24
Joanna 28 Shelley17 Rric27 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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Joanna 28 Shelley17 Rric27 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.
Lynn 11 Dona 16 Jane 24
Joanna 28 Shelley17 Rric27 The International Centre for the Settlement of Investment Disputes (ICSID) provides facilities for settling investment disputes between foreign investors and their host countries.
Lynn 11 Dona 16 Jane 24
Joanna 28 Shelley17 Rric27 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 11shareholders. Dona 16 Jane 24 Joanna 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
Lynn 11 Dona 16 Jane 24
Joanna 28 Shelley17 Rric27 Lynn 11 Dona 16 Jane 24 Joanna 28 Shelley17 Rric27