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World Bank - Objectives & Functions

The document summarizes the objectives and functions of the World Bank. It was created at the 1944 Bretton Woods Conference and is governed by a Board of Governors and Executive Directors. The World Bank aims to provide financing for reconstruction and development efforts in developing countries, with a focus on infrastructure development, financial systems, property rights, and legal systems to encourage business. It also works on improving living standards, poverty reduction strategies, and managing climate change funds. However, the World Bank has faced criticism from NGOs and intellectuals regarding some of its policies.

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Arun Soman
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43 views10 pages

World Bank - Objectives & Functions

The document summarizes the objectives and functions of the World Bank. It was created at the 1944 Bretton Woods Conference and is governed by a Board of Governors and Executive Directors. The World Bank aims to provide financing for reconstruction and development efforts in developing countries, with a focus on infrastructure development, financial systems, property rights, and legal systems to encourage business. It also works on improving living standards, poverty reduction strategies, and managing climate change funds. However, the World Bank has faced criticism from NGOs and intellectuals regarding some of its policies.

Uploaded by

Arun Soman
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPT, PDF, TXT or read online on Scribd
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World Bank Objectives &

Functions
Presented By
Subhajit Bhattacharya
10DF005

Topics to be Discussed
Introduction
Brief

History of World Bank


Top Officials
Roles & Objectives
Expanded Focus
Other Functions
Criticism

Introduction
Definition
Stated

Goal

Brief History
Created

at Bretton Woods Conference in

1944
Domination of The US & UK in
negotiations
1945 1968
1968 1980
1980 1989
1989 - Present

Top Officials
Board

of Governors

Executive

Directors

Roles & Objectives


Expanded

& evolved over the years


Main focus Reconstruction &
Development in situations like
Natural Disasters
Needs affecting developing countries
Post conflict rehabilitation
Needs affecting a transitioning economy

Expanded Focus
Creating

Infrastructure
Developing financial systems
Protect individual and property rights
Implement legal systems that encourage
business

Other Functions
Improving

living standards
Poverty reduction strategies
Clean technology fund management
Clean air initiative
United Nations development business

Criticism
Criticized

by various non-government
organizations
Policies are criticized by intellectuals
Criticism often takes the form of protesting

Thank You !

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