ASM's Imcost: Institute of Management and Computer Studies Mms - I Division - B Subject:-Economics

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ASM’s

imcost
INSTITUTE OF MANAGEMENT AND
COMPUTER STUDIES

MMS – I

DIVISION – B
Lynn 11 Dona 16 Jane 24
Subject :- Economics
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GROUP MEMBERS

Amish Champanerkar 068


Sandeep Choudhary 071
Sanket Lalge 096
Rahul Mahadik 097
Siddhesh Raut 109
Prashant Verma 116
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Project Guide:- Prof. Sheetal Jain
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WORLD BANK
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WORLD BANK

• 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, reduce poverty,
increase economic growth, and improve their quality of life
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WORLD BANK
• 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: Approximately 7,000 employees in Washington,


DC and over 3,000Lynn 11around
in offices Donathe 16
world.Jane 24
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• Current President: Robert Bruce Zoellick
GOALS

• 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.

Lynn
• Goal 5: Reduce child 11rates
death Dona
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GOALS

• Goal 6: Ensure environmental sustainability

• Goal 7: Create a global partnership for development,


with targets for aid, trade and debt relief.

• Goal 8: Tackle HIV/AIDS, Malaria, and other


diseases

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WHO RUNS THE WORLD BANK
• 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.

• Their President is, by tradition, a national of the largest


shareholders - TheLynn
United 11 Dona 16 Jane
States. 24
• Elected for a five-year term (which can be renewed)
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IBRD IDA IFC M.I.G.A ICSID

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INTERNATIONAL BANK OF
RECONSTRUCTION & DEVELOPMENT

• 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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INTERNATIONAL DEVELOPMENT
ASSOCIATION (IDA)
• 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
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INTERNATIONAL FINANCE
CORPORATION (IFC)

• 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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MULTILATERAL INVESTMENT
GUARANTEE AGENCY (MIGA)

• 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)

•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 IN INDIA

• Provides low-interest loans,


• Interest-free credits
• Grants to include investments in education,
• Health & Infrastructure,
• Public administration,
• Eradicate Poverty,
• Financial and private sector development,
• Agriculture, Lynn 11 Dona 16 Jane 24
• Environmental and natural
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management.
WORLD BANK IN INDIA

• SARDAR SAROVAR DAM…. World Bank is the financing agency for


this project.
• The World Bank approved a US$520.75 million IDA credit to India in a
major new attack on three diseases to Combat Malaria, Kala Azar, and
Polio
• World Bank Approves Two Credits To India For Polio Eradication And
Rajasthan District Poverty Initiatives.
• The World Bank approved two credits to India worth a total of more
than US$243 million. The India Immunization Strengthening Project
(US$142.6 million) will benefit millions of children countrywide with
intensified efforts to eradicate polio and reduce vaccine preventable
diseases, while the Rajasthan District Poverty Initiatives Project
(US$100.48 million)Lynn 11 Dona
will empower 16 toJane
the poor develop24their
communities in the Indian state of Rajasthan.
• And hundredsJoanna 28 Shelley17
of projects like these areRric27
there .
THANK YOU

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Joanna 28 Shelley17 Rric27

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