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World Bank

Issa Nordein & Patrick Settele. “Our Dream is A World Free of Poverty.”. World Bank. Topics. History Members / Leadership Funding / Functions World Bank Group Criticism. World Bank History.

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World Bank

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  1. Issa Nordein & Patrick Settele “Our Dream is A World Free of Poverty.” World Bank

  2. Topics • History • Members / Leadership • Funding / Functions • World Bank Group • Criticism Issa Nordein & Patrick Settele

  3. World Bank History • Conceived during World War II at Bretton Woods, New Hampshire, the World Bank initially helped rebuild Europe after the war. • Its first loan of $250 million was to France in 1947 for post-war reconstruction. • Reconstruction has remained an important focus of the Bank's work. • During the 1980s, the Bank was pushed in many directions: early in the decade, the Bank was brought face to face with macroeconomic and debt rescheduling issues. Issa Nordein & Patrick Settele

  4. Members • The World Bank are made from 187 member countries. • The countries with most voting power are now the United States (15.85%) • Japan (6.84%) • China (4.42%) • Germany (4.00%) • United Kingdom ,France(3.75%) each. Issa Nordein & Patrick Settele

  5. Leadership • The President of the Bank, currently Robert B. Zoellick • He is responsible for chairing the meetings of the Boards of Directors and for overall management of the Bank. • He will serve for a five-year, renewable term. • There are 24 Vice-Presidents, three Senior Vice Presidents and two Executive Vice Presidents. Issa Nordein & Patrick Settele

  6. Cartoon Issa Nordein & Patrick Settele

  7. Poverty across the World • Poverty Issa Nordein & Patrick Settele

  8. World Bank Creating Poverty • World Bank Creating Poverty!!!! Issa Nordein & Patrick Settele

  9. Fundings / Functions • Poverty reduction strategy • Clean technology Fund Management (CTF) • Clear Air Initiative (CAI) • United Nations Development Business • Funding Issa Nordein & Patrick Settele

  10. World Bank Group • World Bank • IDA (International Development Association) • IBRD (International Bank for Reconstruction and Development) • World Bank Group • IDA (International Development Association) • IBRD (International Bank for Reconstruction and Development) + • IFC (International Finance Corporation) • MIGA (Multilateral Investment Guarantee Agency) • ICSID (International for Settlement of Investment Disputes) Issa Nordein & Patrick Settele

  11. Source: http://www.globalexchange.org/campaigns/wbimf/facts.html

  12. Source: http://www.columnfivemedia.com Issa Nordein & Patrick Settele

  13. Criticism • Corruption • Structural adjustment • Water privatization • Sovereign immunity • Environmental Strategy Issa Nordein & Patrick Settele

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