Presented by:

Karan Singh 2007ECS055Khushbu Varshney 2007ECS056Kripal Singh 2007ECS057Mahaveer Singh 2007ECS059Neema Jain 2007ECS061

BUILDING OF 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.

• President :- Robert B. Zoellick

• Membership :- 185 countries

• Affiliates :- IFC, MIGA, ICSID

• Headquarters :- Washington, DC and more than 100 country

Staff - about 10000 all over the world

• Established :- July 1,1944

The world bank is one of the two Bretton Woods Institutions which were created in 1944 to rebuild a wartorn europe after World War II .

Later ,largely due to the contributions of the Marshall Plan, the World Bank was forced to find a new area in which to focus its efforts.

The World Bank is an international Government institution, in the corporate form.

Board of Governors

Executive Directors

President

President of the World Bank andChairman of the Board of Executive

DirectorsRobert B. Zoellick

Executive Director

Alternate DirectorAbdulrahman M. Almofadhi Ibrahim Alturki

Anna Brandt Jens Haarlov

Felix Alberto Camarasa Varinia Cecilia Daza Foronda

Pulok Chatterji Kazi M. Aminul Islam

Piero Cipollone Nuno Mota Pinto

Ambroise Fayolle Anne Touret-Blondy

Jorg Frieden Michal Krupinski

Marta Garcia Juan Jose Bravo Moises

Vadim Grishin Eugene Miagkov

James Hagan In-Kang Cho

Merza H. Hasan Ayman Alkaffas

Nobumitsu Hayashi Yasuo Takamura

Ingrid G. Hoven Ruediger Von Kleist

Konstantin Huber Gino Alzetta

Hekinus Manao Dyg Sadiah Binti Abg Bohan

Agapito Mendes Dias Mohamed Sikieh Kayad

Renosi Mokate Mansur Muhtar

Susanna Moorehead Stewart James

Marie-Lucie Morin Kelvin Dalrymple

Ian H. Solomon (vacant)

Rogerio Studart Vishnu Dhanpaul

Hassan Ahmed Taha Denny H. Kalyalya

Javed Talat Sid Ahmed Dib

Rudolf Treffers Tamara Solyanyk

Yang Shaolin Zou Ciyong

WORLD BANK’s ORGANISATION

• Loans

• Grants

• Analytic & Advisory Services

• Capacity building

• Agriculture and Rural Development

• Economic policy

• Education

• Energy

• Environment

• Financial sector

• Health, nutrition and population industry

• Information, computing and telecommunication

• Law and justice

• Private sector

• Social protection

• Trade

• Water resources

• Water supply and sanitation

India is home to over one-quarter of the world’s poor, and the World Bank Group is focused on sharing best practices as well as financing for development as part of its mission ton help reduce global poverty.

The World Bank is pioneering several innovations across India’s infrastructure sector to boost economic growth and create new jobs. Infrastructure development in India is still in its early stages, and provides vast scope for learning and innovative experimentations. Several initiatives across World Bank financed projects in the areas of clean energy technology are quietly paving the way for innovations being emulated across the country.

• It was started to reduce poverty but it support United States’ business interests.

• It is deeply implicated in contemporary modes of donor and NGO driven imperialism.

• The President of the Bank is always a citizen of the United States.

• Lack transparency to external publics.

• The decision-making structure is undemocratic.

• World bank provides the largest external funds for education.

• It is a big support in reducing poverty.

• It provides fund for biodiversity projects.

• it helps to bring clean water, electricity, and transport to poor people.

• It helps in controlling emerging conflicts.

5 PRIORITIES OF WORLD BANK