By,Raghavendra G. PattarMBA 2nd SemMBA11002051
World Bank &
IMF
Contents
IntroductionHistoryMissionImportant PersonsObjectivesWorld bank loans distributionWorld bank & South AsiaWorld bank and IndiaVideo
Introduction
The world bank is an international financial institution that provides leveraged loans to poor countries for capital programs with a goal of reducing poverty.
World bank comprises of two institutions:(1) IBRD (2) IDA
World bank group comprises of five institutions. (1)IBRD (2)IDA (3)IFC (4)MIGA (5)ICSID
History
The world bank was originally established to support reconstruction in Europe after world war II.
World bank is one of two major institutions created as a result of “Bretton woods conference” in 1944.
International monetary fund is the 2nd institution.
Mission
World bank’s main mission is to Reduce poverty.
Robert Zoellick (present president)
Jim Yong Kim (elected on April 16, 2012, and assumes office on July 1, 2012)
Important Persons
Objectives
Reconstruction workReduce povertyReduce illiteracyReduce diseaseReduce corruption, etc…..
Products and Services
Investment and development policy operationsBanking productsTrust funds and grantsGuaranteesKnowledge activities
WB Loans distribution
World’s bank top 7 borrowersWorld’s bank top 7 borrowers
11 MexicoMexico
22 BrazilBrazil
33 TurkeyTurkey
44 PakistanPakistan
55 ChinaChina
66 IndiaIndia
77 ArgentinaArgentina
World Bank & South Asia
World Bank & India
World Bank Lends Record $9.3 billion to India in FY 10
Video
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