World Bank Oulu 2008 2nd

8/3/2019 World Bank Oulu 2008 2nd

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Our world in 2008Our world in 2008


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Whatare theWhatare the

biggest globalbiggest globalchallenges?challenges?


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Population growthPopulation growth

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Below $1 per dayBelow $1 per day

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Below $2 per dayBelow $2 per day

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Primary education completionPrimary education completion

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http://www.sharkwater.com/downloads/videos/S

oft_Spot_Web/Conservation_TV_Spot_480.mp4


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Enrolment in primary schoolsEnrolment in primary schools

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OutOut--ofof--school childrenschool children

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Minimal attention to adult literacyMinimal attention to adult literacy

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Aid to educationAid to education

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Aid to educationAid to education

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Reaching the UPE by 2015Reaching the UPE by 2015

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World Bank GroupWorld Bank Group

Working for a world

free of poverty


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TheWorld BankTheWorld Bank

y International Bankfor Reconstructionand Development

establishedJuly 1944,BrettonWoods,New Hampshire

y Its mission:To rebuild EuropeafterWorldWar II

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World BankBorrowersWorld BankBorrowers

y France was the firstborrower for $250million to finance post-

war reconstruction in1946y Many developed nations

who are now donors,were also borrowers,suchasAustria,Australia,Denmark, Japan, Italy,Finland, and Greece

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What Does theWhat Does the

WorldB

ank DoT

oday?WorldB

ank DoT

oday?y In fiscal year 2006, $23.6 billion in funding

to developing countries

y It works in more than 100 developing

economies (low and middle income

countries)

y Focus on poverty reduction

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TodaysWorld Bank GroupTodaysWorld Bank Group

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International Bank

for Reconstruction

and Development

International

Development

Association

International

Finance

Corporation

Mutilateral

Investment

Guarantee Agency

International Center

for the Settlement of

Investment Disputes

World Bank Group


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The Development ChallengeThe Development Challenge

Poorest fifth: 3% of world expenditures

Richest fifth: 75% of world expenditures

Developed countries spend:

$ 1 200 billion ayear on military expenditures (2007)$ 275 billion ayear in supportto farmers (2005)$ 100 billion in aid to developing countries (2005)

Population growth over the next 25 years50 million in rich countries

1.5 billion in poor countries

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Millennium DevelopmentMillennium Development

Goals (MDGs)Goals (MDGs)

Goal 1: Wipe out extremepoverty and hunger

Goal 2: Offer all children agood basic education

Goal 3: Help women get equalrights and empower them

Goal 4: Reduce death rate of young children

Goal 5: Improve the health of mothers

Goal 6: Combat HIV/AIDS, malaria, and other diseasesGoal 7: Help countries protect their environments

Goal 8: Promote a global partnership for development

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Are we reachingAre we reaching

the goals?the goals?


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The Good NewsThe Good News

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The world is on track globally tomeet the Poverty Reduction Goal

Goal 1- Eradicate Poverty

Population living on less than $1 a day

10

15

20

25

30

1990 1995 2000 2005 2010 2015

Actual path

Goal

%


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The Bad News The Bad News

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Goal 1- Sub-Saharan Africa

Population living on less than $1 a day

20

30

40

50

60

1990 1995 2000 2005 2010 2015

History + Forecast

Goal

%

Some regions of the world may be leftbehind


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WorkTodayWorkToday

y Basic educationand health services

y

Safety netsy Infrastructure

y Environment

y Private sector work

y Governance andinvestment climate

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IBRD and IDA Lending by Sector,

Fiscal 2006Share of Total Lending of $23.6 billion

Agriculture7%

Energy & mining

13% Finance

10%

Industry and trade

7%

Transportation

14%

Water, sanitation,

flood protection

7%

Public administration

& Law

25%

Information &

communication

>1%

Education

8%Health & social

services

9%


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World Bank fundingWorld Bank funding

y Education: $1.9 billion

y HIV-AIDS: $2.5 billion forUNAIDS

y Health: $2.2 billion for health,nutrition, and population projects.

y DebtRelief: 27 countries

y Environment: $2.49 billion

y Partnerships: $4.8 billion

y Governance: $2.6 billion

y Post-conflict reconstruction

y Community-driven development

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Where does theWhere does the

money come from?money come from?y IBRD raises funds on capital markets

y Donors give moneyto IDA for the

worlds poorest countries, withadditionalmoney coming from repayments and from

the Banks earnings

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How theWorld Bank operatesHow theWorld Bank operates

y 185 Member

Countries appoint

their Governors

y Governors delegatespecific duties to

Executive Directors

y President oftheWorld

B

ank reports to theBoard ofExecutive

Directors

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Office of the

President

ExecutiveDirectors

Board of Governors


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World Bank StaffWorld Bank Staff

y Total Bank staff numbers

about 12,000

y

8,000 at HQ and 4,000in the field.

y Developing country

nationals represent 55%

oftotal staff.

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Do we need theDo we need the

World Bank?World Bank?

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www.worldbank.org

World Bank Oulu 2008 2nd

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