Scribd
Upload
23 views

Presented By: Aragon, Abegail Balmania, Ella Marie Bocario, Adrian Kris Calalas, Arlene Mesobre, Rhea Ann Navarro, Jaren

The World Bank was founded in 1944 at the Bretton Woods Conference to provide development loans for postwar reconstruction. It focuses on fighting poverty and promoting shared prosperity through projects in areas like human development, agriculture, the environment, and infrastructure. Examples of projects include flood management in Metro Manila and education centers in Africa. The World Bank aims to provide long-term capital and loans to support economic development and ensure balanced international trade. Currently, many nations require more aid to work through development as global debt levels rise, which the World Bank addresses through programs like debt relief.

Uploaded by

Sweet Emme
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
23 views

Presented By: Aragon, Abegail Balmania, Ella Marie Bocario, Adrian Kris Calalas, Arlene Mesobre, Rhea Ann Navarro, Jaren

The World Bank was founded in 1944 at the Bretton Woods Conference to provide development loans for postwar reconstruction. It focuses on fighting poverty and promoting shared prosperity through projects in areas like human development, agriculture, the environment, and infrastructure. Examples of projects include flood management in Metro Manila and education centers in Africa. The World Bank aims to provide long-term capital and loans to support economic development and ensure balanced international trade. Currently, many nations require more aid to work through development as global debt levels rise, which the World Bank addresses through programs like debt relief.

Uploaded by

Sweet Emme
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
You are on page 1/ 9

(ORIGIN, FUNCTIONS, GOALS, OBJECTIVES AND TREND)

Presented By:
Aragon, Abegail Balmania, Ella Marie
Bocario, Adrian Kris Calalas, Arlene
Mesobre, Rhea Ann Navarro, Jaren
ORIGIN
Founded in 1944 at the UN Monetary and Financial
Conference (commonly known as the Bretton Woods
Conference), which was convened to establish a new,
post-World War II international economic system, the
World Bank officially began operations in June 1946. Its
first loans were geared toward the postwar reconstruction
of western Europe. Beginning in the mid-1950s, it played
a major role in financing investments in infrastructural
projects in developing countries, including roads,
hydroelectric dams, water and sewage facilities, maritime
ports, and airports.
FUNCTIONS

World Bank functions as an international organization that first, fights poverty by


offering developmental assistance to middle-income and low-income countries
through offering long – term loans. Second, promotes shared prosperity.
• Human development
• Agriculture and rural development
• Environmental protection
• Infrastructure
EXAMPLES OF WORLD BANK’S PROJECTS :
 Metro Manila Flood Management Project(MM FMP)
 First Africa Higher Education Centers of Excellence for
Development Impact Project
 Rajasthan State Highways Development Program II
• First Africa Higher Education
Centers of Excellence for
Development Impact Project

• Metro Manila Flood • Rajasthan State Highways


Management Project Development Program II
GOALS AND OBJECTIVES

 To provide long-run capital to member countries for


economic reconstruction and development.
 To induce long-run capital investment for assuring
Balance of Payments (BoP) equilibrium and balanced
development of international trade.
 To provide guarantee for loans granted to small and
large units and other projects of member countries.
GOALS AND OBJECTIVES
 To ensure the implementation of development projects so
as to bring about a smooth transference from a war-time
to peace economy.

 To promote capital investment in member countries by the


following ways;
a. To provide guarantee on private loans or capital
investment.
b. If private capital is not available even after providing
guarantee, then IBRD provides loans for productive
activities on considerate conditions.
CURRENT TREND/ISSUE

 • Nations require more aid in order to work its way


through the development process.
 • World Bank’s International Debt Statistics 2019
shows that a total of $607 billion was borrowed by
low and middle-income countries.
 • World Bank helps these countries achieve their
development goals by having debt-relief program.
CURRENT TREND/ISSUE
 Around the world, waste generation rates are rising. In
2016, the worlds’ cities generated 2.01 billion tonnes of
solid waste, amounting to a footprint of 0.74 kilograms
per person per day. With rapid population growth and
urbanization, annual waste generation is expected to
increase by 70% from 2016 levels to 3.40 billion tonnes
in 2050.
 Since 2000, the World Bank has committed over $4.7
billion to more than 340 solid waste management
programs in all six regions of World Bank engagement.
Recent or committed infrastructure lending and technical
assistance have supported numerous initiatives

You might also like