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World Bank Swot Analysis

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HISTORY:
The World Bank was created in the 1994 Bretton Woods Conference along with other institutions including the International Monetary Fund (IMF). It was created to lend money to European countries to rebuild after World War II. John Maynard Keynes and Henry Dexter White were the founding fathers of the World Bank and the IMF. One of Keynes' most significant roles was as chairman of the Bank Commission. Under his leadership, the Bank articles were drafted rapidly and successfully despite the lack of pre-conference groundwork regarding the organization of the World Bank. (http://jolis.worldbankimflib.org/Bwf/60panel3.htm)
The World Bank evolved from the International Bank for Reconstruction and Development. However, the present day mandate …show more content…

The country was given a USD 250 million dollar loan. In time, non European countries were forwarded loans. Loans were given to under developed nations to help with the problems of power and transport. Later, the focus was more on a social basis. Funds were forwarded to meet basic needs and to reduce poverty. Robert McNamara, the president in 1968, made funds available for buiding schools, hospitals, colleges, agricultural reforms etc. Today, the World Bank is branching out to lend money for environmental requirements, throughout the world.
STRUCTURE OF THE WORLD BANK
The World Bank is a component of the World Bank Group and a member of the United Nations Development Group. The World Bank Group is an member of the United Nations Economic and Social Council and consists of five organizations: The International Bank for Reconstruction and …show more content…

This includes not only lending but also support for legal reform, educational programs, environmental safety, anti-corruption measures and other types of social development.

The Bank is currently involved in more than 1,800 projects in virtually every sector and developing country. The projects are as diverse as providing microcredit in Bosnia and Herzegovina, raising AIDS-prevention awareness in Guinea, supporting education of girls in Bangladesh, improving health care delivery in Mexico, and helping East Timor rebuild upon independence and India rebuild Gujarat after a devastating earthquake. http://go.worldbank.org/M7ARDFNB60. The current focus of the World Bank is on the following themes: poverty reduction and sustainable growth in the poorest countries, especially Africa. To find solutions to post conflict countries and fragile states. To develop solutions for middle income countries. The World Bank addresses regional and global issues that cross national borders, such as climate change, infectious diseases, and trade. Helps to provide greater development and opportunity in the Arab

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