World Bank_1

World Bank_1

1. Causes of the Cold War

   • Fear and mistrust
     • promote integration and sustainable development of rural communities
   • Post war conferences and broken promises
     • Communities in Indonesia access clean water.
   • Eastern bloc countries/buffer zone/satellite states
     • better manage water resources to improve food and energy
   • Demise of common enemy (Hitler)
     • Communities in Indonesia access clean water.
   • 2014-2015

2. 188 COUNTRIES MEMBERS

   • GOVERN THE WORLD BANK GROUP THROUGH
     • EXECUTIVE DIRECTORS
       • Counts with:
         • Counts with 25 executive director
           • Cannot exercise any power nor commit or represent the Bank
         • President
       • IBRD
     • BOARDS OF GOVERNORS
       • Senior decision-making body according to the Articles of Agreement.
       • SOME ROLES
         • Admit and suspend members
         • Increase or decrease the authorized capital stock;
         • Arrangements with other international organizations
         • Determine the distribution of the net income
       • IFC
   • 1918-1921 - US and British troops sent in to contain communism in Russian Civil War
     • prosperity by fostering the income growth of the bottom 40% for every country

3. USSR were to blame

   • 1947 - Stalin gave BLOC countries official independence yet controlled and chose leaders
     • FLOW OF INVESTMENT
       • SIMILAR TO ICSID
     • ECONOMIC GROWTH, REDUCE POVERTY, IMPROVE PEOPLE'S LIVES.
   • Trying to impose communism - America was acting on self-defence
     • Economic Growth
       • Facilitates access to financial markets
       • Preserves borrowers' financial strength
     • Created after World War 2
     • 1944
   • IFC
     • Financial and technical assistance to developing countries
     • 1956
     • 184 COUNTRIES
   • ICSID
     • encourage international flow of investment
       • facilitates disputeS between international investors
     • 1966
   • IDA
     • LOANS
     • GRANTS
     • 1966
     • PRINCIPAL COUNTRIES
       • ASIA
       • AFRICA

4. Source of financial assistance for developing countries

5. FOUNDED IN 1944

6. Reduces Poverty

7. Promotes investment

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