World Bank
World Bank
World Bank
The
sources of funding for the developing world. Its primary focus is on helping the poorest people
Lynn 11 Dona 16 Jane 24 reduce poverty, increase economic growth, and Joanna . improve their quality of life28 Shelley17 Rric27
The
International
Bank
for
Reconstruction
and
Membership: 185 countries Staff: Approximately 7,00011 Dona 16Washington, Lynn employees in Jane 24
DC and over 3,000 in Joanna 28 Shelley17 offices around the world.
Rric27
Goal 1: End extreme poverty and hunger. Goal 2: Achieve universal primary education Goal 3: Empower women and promote equality between women and men
Lynn 11 Dona 16 Jane 24 Joanna 28 Shelley17 Rric27 Goal 8: Tackle HIV/AIDS, Malaria, and other diseases
with
They run like a cooperative, with their member countries as share holders. The no. of shares a country has is based on the size of the economy.
France (4.31%) .
The rest of the countries
Lynn 11 Dona 16 Jane 24 shares are divided among the other member Joanna 28 Shelley17 Rric27
Their
in a year. They give specific duties to their Executive Directors, who work
Their President is, by tradition, a national of the largestJane 24 Lynn 11 Dona 16 shareholders
- The United States. Elected for a five-year term (which can be renewed)
LOANS
INVESTMENT LOANS
IBRD
IDA
IFC
M.I.G.A
ICSID
The
International
Bank
for
Reconstruction
and
The International Development Association (IDA) plays an important role in our mission to reduce poverty. Its support is focused on the poorest countries, to which it provides interestfree loans and grants. IDA depends on contributions from its wealthier member countries (including
The International Finance Corporation (IFC) promotes growth in the developing world by financing private-sector investments and providing technical support and advice to governments and businesses. In partnership with private investors, IFC provides loans and equity finance for business ventures in developing countries.
The Multilateral Investment Guarantee Agency (MIGA) encourages foreign investment in developing countries by providing guarantees to foreign investors against loss caused by noncommercial risks. MIGA also provides technical support to help developing countries promote investment opportunities and uses its legal services to reduce possible barriers to investment.
The International Centre for the Settlement of Investment Disputes (ICSID) provides facilities for settling investment disputes between foreign investors and their host countries.
World bank gets its main income by lending out its own capital. IBRD (our main lending agency) raises most of its money in the worlds financial markets by selling our AAA-rated World Bank bonds usually to financial institutions, pension funds and other institutional money managers, as well as to central banks. They earn interest and fee income on our loans, and income on our liquid asset investments and capital that is paid in by our memberLynn 11 Dona 16 Jane 24 country shareholders.
Joanna 28 Shelley17 donor IDA also helps mobilize and coordinate aid fromRric27 countries and other international organizations.
PROJECT FINANCE