Content

Introduction Objective and function Need of the world Bank Membership Organizational structure Projects Success story of world Bank References

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.

INTRODUCTION
President Membership Affiliates Headquarters Established :- Robert B. Zoellick :- 187 countries :- IBRD, IDA, IFC, MIGA, ICSID :- Washington, DC :- July 1,1944

Robert B. Zoolick

HISTORY
The World Bank is one of five institutions created at the Bretton Woods Conference in 1944. It formally began operations on 26th June 1946. The initial authorised capital of the bank was $12 million. The primary purpose of the Bank was to provide loans for reconstruction and rebuilding of Western European countries after World War 2. Another purpose of the Bank was to invest in the developing world. The lending for reconstruction ended in 1967, and into the present the Bank remains the largest source of development assistance. This assistance is intended primarily for projects that were unable to attract private investment.

OBJECTIVE AND FUNCTION

Provide assistance to developing and transition countries Promote the economic development of the world's poorer countries Finance the poorest developing countries whose per capita GNP is less than $865 a year special financial assistance through the International Development Association (IDA)

NEED OF WORLD BANK

BUILD CAPACITY

NEED OF WORLD BANK

CREATE INFRASTRUCTURE DEVELOP FINANCIAL SYSTEM COMBAT CORRUPTION

The Bank offers two basic types of loans:

Investment loans: Support of economic and social development projects Development policy loans: Quick disbursing finance to support countries

AGENCIES
International Bank for Reconstruction and Development (IBRD) International Development Associations (IDA) International Finance Corporation (IFC) Multilateral Investment Guarantee Agency (MIGA) International Centre for Settlement of Investment Disputes (ICSID)

Organizational Structure
Technically a part of United Nations Each institution is owned by its member governments The president of world bank is nominated by President of the United States and elected by Banks Board of Governors As of 2009, US held 16.4% of total votes, Japan 7.9%, Germany 4.5%, UK 4.3%, and France 4.3%. US can block any major change in the Banks governing structure.

GENERAL MANAGEMENT UNITS

NETWORK UNITS

ORGANIZATIONAL UNITS

REGIONAL UNITS

THE WORLD BANK GROUP

LEADERSHIP
The Governors delegate specific duties to 25 Executive Directors The five largest shareholders, France, Germany, Japan, US and UK appoint an executive director Other member countries represents by 20 elected executive directors

MEMBERSHIP
To become a member A country must first join IMF Subscription fee (= 88.29% of the quota that a country has to pay to IMF), 195 world bank shares (US$ 120,635 per share), of these .60% must be paid in cash in US$ and 5.40% can be paid in countrys local currency the balance of 195 shares is left as callable capital

Some World Bank Funded Projects in India

Project Title India: Uttar Pradesh Health Systems Strengthening Project (UPHSSP) North East Rural Livelihoods Project (NERLP) Second Kerala Rural Water Supply and Sanitation Project (Jalanidhi II) West Bengal Accelerated Development of Minor Irrigation Capacity Building for Urban Local BodiesNURM National Rural Livelihoods Project Vishnugad Pipalkoti Hydro Electric Project

Country

Project ID

Commitment Amount(US$ million)

Status

Approval Date

India

P100304

152.00

Active DEC 20, 2011

India

P102330

130.00

Active DEC 20, 2011

India

P121774

155.30

Active DEC 15, 2011

India

P105311

250.00

Active OCT 04, 2011

India India

P099979 P104164

60.00 1,000.00

Active JUL 21, 2011 Active JUL 05, 2011

India

P096124

648.00

Active JUN 30, 2011

India: Uttar Pradesh Health Systems Strengthening Project (UPHSSP)

The development objective of the Uttar Pradesh Health Systems Strengthening Project for India is to improve the efficiency, quality and accountability of health services delivery in Uttar Pradesh by strengthening the state health department's management and systems capacity. There are two components to the project. The first component is strengthening the department of health's management and accountability systems The second component is improving the department of health's capacity to perform its quality assurance role and more effectively engage the private sector.

Basic Information
Project ID Sector Status Approval Date Closing Date Country Region Environmental Category Team Leader Borrower Implementing Agency Total Project Cost Commitment Amount P100304 Health Active DEC 20, 2011 MAR 31, 2017 India South Asia B Vikram Sundara Rajan GOVERNMENT OF INDIA GOVERNMENT OF UTTAR PRADESH US$170.00 million US$152.00 million

North East Rural Livelihoods Project (NERLP)

The development objective of the North East Rural Livelihoods Project for India is to improve rural livelihoods, especially that of women, unemployed youths and the most disadvantaged, in the participating North Eastern States. There are four components to the project. The components are: social empowerment. economic empowerment partnership development project management.

Basic Information
Project ID Sector Status Approval Date Closing Date Country Region Environmental Category Team Leader Borrower Implementing Agency Total Project Cost Commitment Amount P102330 General agriculture, fishing and forestry sector Active DEC 20, 2011 MAR 31, 2017 India South Asia B Kevin John Crockford GOVERNMENT OF INDIA MINISTRY OF DEVELOPMENT OF NORTH EASTERN REGION US$144.40 million US$130.00 million

Success Stories of World Bank Initiative

Malawi's statistics are grim: 11 million people, an HIV prevalence rate of 15 percent, life expectancy of 38 years, and an average person living on less than one dollar per day. Against these dire conditions, the Malawi Social Action Fund Project (MASAF) III provides much-needed support to roughly 20 percent of the Malawian population, based on wellestablished Community Driven Development (CDD) principles such as sustainability, community empowerment, and decentralization.

Contd
The face of rural Senegal is changing. The city is no longer draining rural areas of their educated populations, and young people are returning home to their villages. Many want to shape the future of their community, while others are returning to become community leaders. Even the roles of women have changed as they increasingly become strong voices in their communities. This shift is largely due to the community-driven National Rural Infrastructure Program (PNIR), which is helping communities invest in themselves.

References
www.worldbank.org.in wwwr.worldbank.org Countries South Asia data.worldbank.org

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