OM PARKASH & GROUP MEMBERS

SUBMITTED TO MADAM HUMAIRA DOGAR

WORLD BANK

1.OM PARKASH (60)2.NOUREEN MEMON (59)3.RAHEEL AHMED (61)

GROUP MEMBERS ARE :-

INDEX OF TODAY’S PERSENTATION

INTRODUCTION

HISTORY

VISION & MISSION

STRUCTURE & BOARD OF DIRECTOR

CRITICISM

OBJECTIVES

FUNCTION

SWOT ANALYSIS

SWOT CONCLUSION

IMPORTANCE

ROLE OF WORLD BANK IN PAK

INTRODUCTION TO WORLD BANK

The world bank was established before 72 years ago in 22 July 1944

The world bank ’s official goal is reduction of povertyThe world bank’s head quarter in Washington D.C

United States and more then 100 countries staff about 10000 all over the world

Jim Yong Kim is the current President of world groupsThe world bank has 188 countries membership in

(IBRD) and 173 in (IDA)The purpose of world bank is crediting

INTRODUCTION TO WORLD BANK

The World Bank is an international financial institution that provides loans to developing countries for capital programs. It comprises two institutions the  (IBRD) and (IDA.

The World Bank is different from the World Bank Group because the World Bank is made up of only two institutions the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA). The World Bank Group has these two but also three more International Finance Corporation (IFC), Multilateral Investment Guarantee Agency (MIGA) and International Centre for Settlement of Investment Disputes (ICSID).

INTRODUCTION TO WORLD BANK

HISTORY OF THE WORLD BANK

John Maynard Keynes  and Harry Dexter White the "founding fathers" of the World bank

The World Bank was created at the 1944 Bretton Woods Conference along with four other institution.

The president of the World Bank is, traditionally, an American.

Although many countries were represented at the Bretton Woods Conference, the United States and United Kingdom were the most powerful in attendance and dominated the negotiations.

HISTORY OF THE WORLD BANK

John Maynard Keynes (right) and Harry Dexter White the "founding fathers" of both the World Bank

The World Bank was created at the 1944 Bretton Woods Conference along with three other institutions, including the International Monetary Fund(IMF). The president of the World Bank is, traditionally an American. 

The world bank was focused to find a new area in which to focus its efforts. In 1944-1974 when Marshall war went to effect in 1947 to rebuild a war torn Europe after world war II.

HISTORY OF THE WORLD BANK

The Gold Room at the Mount Washington Hotel where World Bank were established

VISION OF THE WORLD BANK

The world bank group aim to fight poverty with passion & professional for lasting result to help people themselves

MISSION OF THE WORLD BANK

Creating sharing & applying knowledge has always been an important part of the world bank’s program to assist it’s member countries to promotes growth & reduce poverty

AREA OF OPERATION OR SERVICES

Agriculture & rural development

Economic policyEducationEnergyEnvironmentFinancial sectorHealth nutrition &

population

Information computing & telecommunication

Law & justicePrivate sector Social protection Trade Water resources Water supply &

sanitation

STUCTURE& BOARD DIRECTORS OF THE WORLD BANK

The President of the Bank is the president of the entire World Bank Group. The president currently Jim Yong Kim is responsible for chairing the meetings of the Boards of Directors and for overall management of the Bank.

The organization of the bank consists of the Board of Governors, the Board of Executive Directors and the Advisory Committee

The Board of Executive Directors consists of 21 members, 6 of them are appointed by the six largest shareholders, namely the USA the UK West Germany, France Japan and India. The rest of the 15 members are elected by the remaining countries

CRITICISM TO THE WORLD BANK

It was started to reduce the poverty but it support “United state” business interest

The president of Bank is always a citizen of the “United states”

OBJECTIVES OF THE WORLD BANK

1. To provide long-run capital to member countries for economic reconstruction and development.

2. To provide guarantee for loans granted to small and large units and other projects of member countries

3. If private capital is not available even after providing guarantee then IBRD provides loans for productive activities on considerate conditions

4.To provide guarantee on private loans or capital investment.

FUNCTION OF THE WORLD BANK

1. World Bank provides various technical services to the member countries. For this purpose the Bank has established “The Economic Development Institute and a Staff College in Washington.

2. Bank can grant loans to a member country up to 20% of its share in the paid-up capital.

3. The quantities of loans interest rate and terms and conditions are determined by the Bank itself.

4. Generally, Bank grants loans for a particular project duly submitted to the Bank by the member country.

SWOT ANALYSIS OF THE WORLD BANK

Strengths  Innovative Culture (World bank) helps World bank to

produce unique products and services that meet their goal.Financial leverage (World bank) allows World bank to use

their balance sheet to expand their business  Economies of scale (World bank) it is the cost advantages

that World bank obtains due to size. The greater the.Brand Name( world bank) A strong brand name is a major

strength of World bank. This gives World bank the ability to charge.

SWOT ANALYSIS OF THE WORLD BANK

Weaknesses  High debt burden (World bank) A high debt burden increases

the risk that World bank goes bankrupt if they make a poor business.

Outdated technology (World bank)A lack of proprietary technology and patents can hurt World bank’s ability to compete against.

  Weak supply (World bank) A weak supply chain can delay the

arrival of products to World bank’s customers. Unnecessary delays.

Cost structure (World bank) A weak cost structure means World bank’s costs are high in comparison to their competitors.

SWOT ANALYSIS OF THE WORLD BANK

Opportunities  Innovation (World bank) Greater can help World

bank to produce unique products and services that meet customer’s.

New Technology (World bank) New technology helps World bank to better meet their customer’s needs with new and improved products. 

 International Expansions (World bank) International markets offer World bank new opportunities to expand the business and increase.

SWOT ANALYSIS OF THE WORLD BANK

Threats Bad Economy (World bank) A bad economy can

hurt World bank’s business by decreasing the number of potential customers.

International Competition (World bank) International competitors are numerous and difficult to compete because they have many different easiest procedure then world bank.

 Political Risk (World bank) Politics can increase World bank’s risk factors because governments can quickly change business.

SWOT CONCLUSION

Strength + Opportunities= 7Weakness + Threat = 8

A history of overcoming weaknesses makes it difficult for other firms to exploit their difficulties. The ability to capitalize on opportunities get rewarded with higher profits and lower costs.

IMPORTANCE OF THE WORLD BANK

The World Bank is a very powerful organization. Many countries that need to build roads, or deliver services to their people ask for help from the World Bank. The World Bank also has many experts that know a great deal about economics and development. Many of their ideas become real world projects and programs that affect the lives of many people around the world.

ROLE OF WORLD BANK IN PAKISTAN

There are several development projects which are financially supported by the world bank

Active projects (42)Closed projects (292)Dropped projects (32) Pipelines projects (2)

THANKS FOR YOUR ATTENTION