World bank – objectives & functions

1. World Bank – Objectives & World Bank – Objectives &
FunctionsFunctions
Presented By – Presented By –
Subhajit BhattacharyaSubhajit Bhattacharya
10DF00510DF005

2. Topics Topics to be Discussedto be Discussed
IntroductionIntroduction
Brief History of World BankBrief History of World Bank
Top OfficialsTop Officials
Roles & ObjectivesRoles & Objectives
Expanded FocusExpanded Focus
Other FunctionsOther Functions
CriticismCriticism

3. IntroductionIntroduction
DefinitionDefinition
Stated GoalStated Goal

4. Brief HistoryBrief History
Created at Bretton Woods Conference in Created at Bretton Woods Conference in
19441944
Domination of The US & UK in Domination of The US & UK in
negotiationsnegotiations
1945 – 19681945 – 1968
1968 – 19801968 – 1980
1980 – 19891980 – 1989
1989 - Present1989 - Present

5. Top OfficialsTop Officials
Board of GovernorsBoard of Governors
Executive DirectorsExecutive Directors

6. Roles & ObjectivesRoles & Objectives
Expanded & evolved over the yearsExpanded & evolved over the years
•Main focus – Reconstruction & Main focus – Reconstruction &
Development in situations like – Development in situations like –
Natural DisastersNatural Disasters
Needs affecting developing countriesNeeds affecting developing countries
Post conflict rehabilitationPost conflict rehabilitation
Needs affecting a transitioning economyNeeds affecting a transitioning economy

7. Expanded FocusExpanded Focus
Creating InfrastructureCreating Infrastructure
Developing financial systemsDeveloping financial systems
Protect individual and property rightsProtect individual and property rights
Implement legal systems that encourage Implement legal systems that encourage
businessbusiness

8. Other FunctionsOther Functions
Improving living standardsImproving living standards
Poverty reduction strategiesPoverty reduction strategies
Clean technology fund managementClean technology fund management
Clean air initiativeClean air initiative
United Nations development businessUnited Nations development business

9. CriticismCriticism
Criticized by various non-government Criticized by various non-government
organizationsorganizations
Policies are criticized by intellectualsPolicies are criticized by intellectuals
Criticism often takes the form of protestingCriticism often takes the form of protesting

10. Thank You !Thank You !