Insights into the World Bank Group: Institutions, Sources of Income, and Functions
World Bank Group
Trivia Game
What are the sources of income
for the World Bank Group?
● Contributions from donor countries (United States, United
Kingdom, France, Germany, Japan, etc.)
● Membership dues (dependent on countries’ GDP)
● Issuance of bonds
● Repayment of loans and interests accrued on loans
What are the five institutions
within the World Bank Group?
● IBRD – International Bank for Reconstruction and
Development
● IDA – International Development Association
● IFC – International Finance Corporation
● MIGA – Multilateral Investment Guarantee Agency
● ICSID – International Centre for the Settlement of Investment
Disputes
What is the difference between IBRD
and IDA?
● IBRD provides services to middle-income and credit-
worthy low-income countries.
● IDA provides services to the world’s poorest
countries.
What is the difference between the
World Bank Group and the
International Monetary Fund?
● The World Group provides loans/credits/grants for projects in
developing countries to end extreme poverty and promote shared
prosperity.
● The International Monetary Fund focuses on the macroeconomic
aspects of every member country (both developed and developing
countries). It deals with fiscal and monetary policies such as interest
rates, exchange rates, and balance of payments.
How many countries were
initially members of the World
Bank Group when it was
founded?
44 countries
What is the name of the first
female
World Bank Group Vice-
President?
Anne Krueger
(in 1982)
How many countries are
currently members of the World
Bank Group?
189 Countries
What is considered “extreme
poverty”?
Any person who lives below $1.90
USD per day.
Who is the
current
president of
the World Bank Group?
David Malpass
(as of April 2019)
Which countries are
not
members of the World Bank
Group?
● North Korea
● Cuba
● Liechtenstein
● Andorra
● Monaco
To what country did the World Bank
Group gave its first
loan for
reconstruction
? How much money was
lent?
To France in the amount of 250 million USD
(original amount requested was 500 million
USD).
To what country did the World
Bank Group gave its first
development loan
? For what
purpose(s)?
To Chile for the development of
electrical power and water facilities and
resources.
Who became the first president
of the World Bank Group when
it was founded?
Eugene Meyer
Who is the longest-serving
World Bank Group president to
this date?
Robert McNamara
Which country most recently
joined the World Bank Group?
Nauru
(in April 2016)
Name two (2) famous
economists that participated in
the Bretton Woods Conference
in 1944.
John Maynard Keynes and
Henry Dexter White
Who owns the World Bank
Group?
All 189 member countries
(as they are seen as shareholders)
What is the primary function of
MIGA?
Promotes foreign direct investment (FDI) into
developing countries through offering political
risk insurance (guarantees) to private investors
and lenders.
What is the primary function of
ICSID?
Provides facilities for conciliation and arbitration
of international investment disputes.
Where was the Bretton Woods
Conference held?
The Mount Washington Hotel in
Bretton Woods, New Hampshire (USA)
What are the primary functions
of IFC?
● Supports the private sector through financing private
sector investments.
● Mobilizes capital in international financial markets.
● Provides advisory services to businesses and
governments.
When was the Bretton Woods
Conference held?
In July 1944
How many women took part of
the Bretton Woods Conference?
Zero
Who was the first “Women in
Development” Advisor for the
World Bank Group?
Gloria Scott
(in 1977)
What are the two (2) main goals
of the World Bank Group?
Ending extreme poverty and boosting
shared prosperity by 2030.
Delve into the workings of the World Bank Group through an exploration of its institutions, income sources, and functions. Discover how contributions from donor countries, membership dues, bonds, and loan repayments sustain the group. Learn about the five key institutions within the World Bank Group, including IBRD and IDA, and understand their distinct roles. Contrasting the World Bank Group with the International Monetary Fund, grasp the nuances of their focus areas in addressing poverty and macroeconomic aspects worldwide.
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Presentation Transcript
World Bank Group Trivia Game
Institutions Institutions People People Countries Countries Bretton Woods Bretton Woods Hodge Podge Hodge Podge $100 $100 $100 $100 $100 $200 $200 $200 $200 $200 $300 $300 $300 $300 $300 $400 $400 $400 $400 $400 $500 $500 $500 $500 $500
What are the sources of income for the World Bank Group? Answer Answer
Contributions from donor countries (United States, United Kingdom, France, Germany, Japan, etc.) Membership dues (dependent on countries GDP) Issuance of bonds Repayment of loans and interests accrued on loans
What are the five institutions within the World Bank Group? Answer Answer
IBRD International Bank for Reconstruction and Development IDA International Development Association IFC International Finance Corporation MIGA Multilateral Investment Guarantee Agency ICSID International Centre for the Settlement of Investment Disputes
What is the difference between IBRD and IDA? Answer Answer
IBRD provides services to middle-income and credit- worthy low-income countries. IDA provides services to the world s poorest countries.
What is the difference between the World Bank Group and the International Monetary Fund? Answer Answer
The World Group provides loans/credits/grants for projects in developing countries to end extreme poverty and promote shared prosperity. The International Monetary Fund focuses on the macroeconomic aspects of every member country (both developed and developing countries). It deals with fiscal and monetary policies such as interest rates, exchange rates, and balance of payments.
How many countries were initially members of the World Bank Group when it was founded? Answer Answer
What is the name of the first femaleWorld Bank Group Vice- President? Answer Answer
Anne Krueger (in 1982)
How many countries are currently members of the World Bank Group? Answer Answer
What is considered extreme poverty ? Answer Answer
Any person who lives below $1.90 USD per day.
Who is the currentpresident of the World Bank Group? Answer Answer
David Malpass (as of April 2019)
Which countries are not members of the World Bank Group? Answer Answer
North Korea Cuba Liechtenstein Andorra Monaco
To what country did the World Bank Group gave its first loan for reconstruction? How much money was lent? Answer Answer
To France in the amount of 250 million USD (original amount requested was 500 million USD).
To what country did the World Bank Group gave its first development loan? For what purpose(s)? Answer Answer
To Chile for the development of electrical power and water facilities and resources.
Who became the first president of the World Bank Group when it was founded? Answer Answer
Who is the longest-serving World Bank Group president to this date? Answer Answer
Which country most recently joined the World Bank Group? Answer Answer
Nauru (in April 2016)
Name two (2) famous economists that participated in the Bretton Woods Conference in 1944. Answer Answer
John Maynard Keynes and Henry Dexter White
Who owns the World Bank Group? Answer Answer
All 189 member countries (as they are seen as shareholders)
What is the primary function of MIGA? Answer Answer
Promotes foreign direct investment (FDI) into developing countries through offering political risk insurance (guarantees) to private investors and lenders.
What is the primary function of ICSID? Answer Answer
Provides facilities for conciliation and arbitration of international investment disputes.
Where was the Bretton Woods Conference held? Answer Answer
The Mount Washington Hotel in Bretton Woods, New Hampshire (USA)
What are the primary functions of IFC? Answer Answer
Supports the private sector through financing private sector investments. Mobilizes capital in international financial markets. Provides advisory services to businesses and governments.
When was the Bretton Woods Conference held? Answer Answer
How many women took part of the Bretton Woods Conference? Answer Answer
Who was the first Women in Development Advisor for the World Bank Group? Answer Answer
Gloria Scott (in 1977)
