The W orld Bank Current and Future Directions of The World Bank: A - - PowerPoint PPT Presentation

The W orld Bank

“Current and Future Directions

• f The World Bank: A New Zealand Perspective”

John Austin 1 3 October 2 0 0 5

International Bank for Reconstruction and Development

Voting Power of Executive Directors 1 United States 16.36 2 Japan 7.87 3 Germany 4.49 4 France 4.30 5 United Kingdom 4.30 6 Belgium (et al) 4.80 7 Spain (et al) 4.50 8 Netherlands (et al) 4.46 9 Canada (et al) 3.85 10 Brazil (et al) 3.59 11 Italy (et al) 3.50 12 Korea (et al) 3.45

*

13 Africa (Anglophone) 3.41 14 India (et al) 3.40 15 Nordic (et al) 3.34 16 Algeria (et al) 3.19 17 Switzerland (et al) 3.04 18 Kuwait (et al) 2.91 19 China 2.78 20 Saudi Arabia 2.78 21 Russia 2.78 22 Indonesia (et al) 2.54 23 Peru (et al) 2.32 24 Africa (Franophone) 1.99 100.00 %

*

Composition of membership of constituency (see slide 2)

International Bank for Reconstruction and Development

Voting Power of New Zealand's Constituency Office

Percentage of total Australia 1.52 Cambodia 0.03 Kiribati 0.04 Korea 1.00 Marshall Islands 0.04 Micronesia, Fed State 0.05 Mongolia 0.04 New Zealand 0.46 Palau 0.02 PNG 0.09 Samoa 0.05 Soloman Islands 0.05 Vanuatu 0.05 3.45

IBRD Executive Directors Voting Status

• NO. OF Votes PERCENT of Total

DIRECTORS APPOINTED BY:

• 1. UNITED STATES (HOLLAND)

265,219 16.39

• 2. JAPAN (OKUBO)

127,250 7.87

• 3. GERMANY (DEUTSCHER)

72,649 4.49

• 4. FRANCE (DUQUESNE)

69,647 4.3

• 5. UNITED KINGDOM (SCHOLAR)

69,647 4.3 ELECTED DIRECTORS:

• 6. ALZETTA (BELGIUM)

77,669 4.8 AUSTRIA 11,313 BELARUS 3,573 BELGIUM 29,233 CZECH REPUBLIC 6,558 HUNGARY 8,300 KAZAKHSTAN 3,235 LUXEMBOURG 1,902 SLOVAK REPUBLIC 3,466 SLOVENIA 1,511 TURKEY 8,578

• 7. MARTI (SPAIN)

72,786 4.5 COSTA RICA 483 EL SALVADOR 391 GUATEMALA 2,251 HONDURAS 891 MEXICO 19,054 NICARAGUA 858 SPAIN 28,247 VENEZUELA, REP. BOLIVARIANA DE 20,611

INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT VOTING POWER OF EXECUTIVE DIRECTORS

IBRD Executive Directors Voting Status

• 8. MELKERT (NETHERLANDS)

72,208 4.46 ARMENIA 1,389 BOSNIA AND HERZEGOVINA 799 BULGARIA 5,465 CROATIA 2,543 CYPRUS 1,711 GEORGIA 1,834 ISRAEL 5,000 MACEDONIA, FYR OF 677 MOLDOVA 1,618 NETHERLANDS 35,753 ROMANIA 4,261 UKRAINE 11,158

• 9. MASSE (CANADA)

62,217 3.85 ANTIGUA AND BARBUDA 770 BAHAMAS, THE 1,321 BARBADOS 1,198 BELIZE 836 CANADA 45,045 DOMINICA 754 GRENADA 781 GUYANA 1,308 IRELAND 5,521 JAMAICA 2,828

• ST. KITTS AND NEVIS

525

• ST. LUCIA

802

• ST. VINCENT & THE GRENADINES

528

• 10. CANUTO (BRAZIL)

58,124 3.59 BRAZIL 33,537 COLOMBIA 6,602 DOMINICAN REPUBLIC 2,342

IBRD Executive Directors Voting Status

ECUADOR 3,021 HAITI 1,317 PANAMA 635 PHILIPPINES 7,094 SURINAME 662 TRINIDAD AND TOBAGO 2,914

• 11. BOSSONE (ITALY)

56,705 3.5 ALBANIA 1,080 GREECE 1,934 ITALY 45,045 MALTA 1,324 PORTUGAL 5,710 SAN MARINO 845 TIMOR-LESTE 767

• 12. AUSTIN (NEW ZEALAND)

55,800 3.45 AUSTRALIA 24,714 CAMBODIA 464 KIRIBATI 715 KOREA, REPUBLIC OF 16,067 MARSHALL ISLANDS 719 MICRONESIA, FED. STATES OF 729 MONGOLIA 716 NEW ZEALAND 7,486 PALAU 266 PAPUA NEW GUINEA 1,544 SAMOA 781 SOLOMON ISLANDS 763 VANUATU 836

• 13. SINAMENYE (BURUNDI)

55,190 3.41 ANGOLA 2,926 BOTSWANA 865 BURUNDI 966

IBRD Executive Directors Voting Status

ERITREA 843 ETHIOPIA 1,228 GAMBIA, THE 793 KENYA 2,711 LESOTHO 913 LIBERIA 713 MALAWI 1,344 MOZAMBIQUE 1,180 NAMIBIA 1,773 NIGERIA 12,905 SEYCHELLES 513 SIERRA LEONE 968 SOUTH AFRICA 13,712 SUDAN 1,100 SWAZILAND 690 TANZANIA 1,545 UGANDA 867 ZAMBIA 3,060 ZIMBABWE 3,575

• 14. VASUDEV (INDIA)

54,945 3.4 BANGLADESH 5,104 BHUTAN 729 INDIA 45,045 SRI LANKA 4,067

• 15. INGOLFSSON (ICELAND)

54,039 3.34 DENMARK 13,701 ESTONIA 1,173 FINLAND 8,810 ICELAND 1,508 LATVIA 1,634 LITHUANIA 1,757

IBRD Executive Directors Voting Status

NORWAY 10,232 SWEDEN 15,224

• 16. DIB (ALGERIA)

51,544 3.19 AFGHANISTAN 550 ALGERIA 9,502 GHANA 1,775 IRAN, ISLAMIC REPUBLIC OF 23,936 MOROCCO 5,223 PAKISTAN 9,589 TUNISIA 969

• 17. VEGLIO (SWITZERLAND)

49,192 3.04 AZERBAIJAN 1,896 KYRGYZ REPUBLIC 1,357 POLAND 11,158 SERBIA AND MONTENEGRO 3,096 SWITZERLAND 26,856 TAJIKISTAN 1,310 TURKMENISTAN 776 UZBEKISTAN 2,743

• 18. ALJAZZAF (KUWAIT)

47,042 2.91 BAHRAIN 1,353 EGYPT, ARAB REPUBLIC OF 7,358 IRAQ 3,058 JORDAN 1,638 KUWAIT 13,530 LEBANON 590 LIBYA 8,090 MALDIVES 719 OMAN 1,811 QATAR 1,346

IBRD Executive Directors Voting Status

SYRIAN ARAB REPUBLIC 2,452 UNITED ARAB EMIRATES 2,635 YEMEN, REPUBLIC OF 2,462

• 19. ZOU (CHINA)

45,049 2.78 CHINA 45,049

• 20. ALYAHYA (SAUDI ARABIA)

45,045 2.78 SAUDI ARABIA 45,045

• 21. KVASOV (RUSSIAN FED.)

45,045 2.78 RUSSIAN FEDERATION 45,045

• 22. HERWIDAYATMO (INDONESIA)

41,096 2.54 BRUNEI DARUSSALAM 2,623 FIJI 1,237 INDONESIA 15,231 LAO PEOPLE'S DEM. REP. 428 MALAYSIA 8,494 MYANMAR 2,734 NEPAL 1,218 SINGAPORE 570 THAILAND 6,599 TONGA 744 VIETNAM 1,218

• 23. QUIJANDRIA (PERU)

37,499 2.32 ARGENTINA 18,161 BOLIVIA 2,035 CHILE 7,181 PARAGUAY 1,479 PERU 5,581 URUGUAY 3,062

• 24. GOMES (GUINEA-BISSAU)

32,252 1.99 BENIN 1,118 BURKINA FASO 1,118 CAMEROON 1,777

IBRD Executive Directors Voting Status

CAPE VERDE 758 CENTRAL AFRICAN REPUBLIC 1,112 CHAD 1,112 COMOROS 532 CONGO, DEM. REP. OF 2,893 CONGO, REPUBLIC OF 1,177 COTE D'IVOIRE 2,766 DJIBOUTI 809 EQUATORIAL GUINEA 965 GABON 1,237 GUINEA 1,542 GUINEA-BISSAU 790 MADAGASCAR 1,672 MALI 1,412 MAURITANIA 1,150 MAURITIUS 1,492 NIGER 1,102 RWANDA 1,296 SAO TOME AND PRINCIPE 745 SENEGAL 2,322 TOGO 1,355 TOTAL 1,617,859 100.00 ** ELECTION OF EXECUTIVE DIRECTORS. CORPORATE SECRETARIAT JUNE 1, 2005 ** May differ from the sum of individual percentages shown because of rounding. NOTE: SOMALIA (802 VOTES) DID NOT PARTICIPATE IN THE 2004 REGULAR

The World Bank’s Agencies

• IBRD (International Bank for Reconstruction

and Development

• IDA (International Development Association)
• IFC (International Finance Corporation)
• MIGA (Multilateral Investment Guarantee

Agency)

• ICSID (International Centre for Settlement of

Investment Disputes)

Changing Lending Volumes

IBRD/IDA, FY95-05

Number of Operations FY95 FY96 FY97 FY98 FY99 FY00 FY01 FY02 FY03 FY04 FY05 1 IBRD 135 129 141 151 131 97 91 96 99 87 118 IDA 108 127 100 135 145 126 134 133 141 158 160 Total 243 256 241 286 276 223 225 229 240 245 278 Commitments ($ billion) FY95 FY96 FY97 FY98 FY99 FY00 FY01 FY02 FY03 FY04 FY05 1 IBRD 16.9 14.5 14.5 21.1 22.2 10.9 10.5 11.5 11.2 11.0 13.6 IDA 5.7 6.9 4.6 7.5 6.8 4.4 6.8 8.1 7.3 9.0 8.7 Total 22.5 21.4 19.1 28.6 29.0 15.3 17.3 19.5 18.5 20.1 22.3 IBRD/IDA Commitments by Instrument Type ($b) FY95 FY96 FY97 FY98 FY99 FY00 FY01 FY02 FY03 FY04 FY05 1 Policy-based/Adjustment 5.3 4.5 5.1 11.3 15.3 5.1 5.8 9.8 6.0 6.2 6.6 Investment 17.2 16.8 14.1 17.3 13.7 10.2 11.5 9.7 12.5 13.9 15.7 Total 22.5 21.4 19.1 28.6 29.0 15.3 17.3 19.5 18.5 20.1 22.3 IBRD/IDA Number of Operations by Region FY95 FY96 FY97 FY98 FY99 FY00 FY01 FY02 FY03 FY04 FY05 1 AFR 58 53 48 59 54 69 60 65 61 68 76 EAP 43 46 37 45 55 28 24 27 24 30 38 ECA 58 61 67 69 74 47 54 48 54 52 59 LCR 52 54 52 68 51 40 50 53 53 50 58 MNA 14 21 18 20 24 18 14 14 17 11 13 SAR 18 21 19 25 18 21 23 22 31 34 34 Total 243 256 241 286 276 223 225 229 240 245 278 IBRD/IDA Commitments by Region ($b) FY95 FY96 FY97 FY98 FY99 FY00 FY01 FY02 FY03 FY04 FY05 1 AFR 2.3 2.7 1.7 2.9 2.1 2.2 3.4 3.8 3.7 4.1 3.9 EAP 5.7 5.4 4.9 9.6 9.8 3.0 2.1 1.8 2.3 2.6 2.9 ECA 4.5 4.2 5.1 5.2 5.3 3.0 2.7 5.5 2.7 3.6 4.1 LCR 6.1 4.4 4.6 6.0 7.7 4.1 5.3 4.4 5.8 5.3 5.2 MNA 1.0 1.6 0.9 1.0 1.6 0.9 0.5 0.6 1.1 1.1 1.3 SAR 3.0 2.9 2.0 3.9 2.6 2.1 3.2 3.5 2.9 3.4 5.0 Total 22.5 21.4 19.1 28.6 29.0 15.3 17.3 19.5 18.5 20.1 22.3

1 Includes IBRD/IDA Guarantees and Guarantee Facilities

IBRD – List of Factors Influencing Lending

• Delays arising from project preparation,
• The high cost imposed by conditionalities required

by the Bank,

• Disagreement between government and Bank on

development priorities –

• e. g. Bank’s past

unwillingness to do infrastructure projects

• Assertiveness of independent nations identity and

thus avoidance of a dependence on an international organisation, and

• Borrower’s desire to develop a reputation in the

capital markets for reliability and credit-worthiness.