Documentos de Académico
Documentos de Profesional
Documentos de Cultura
Financial
Institutions
Constance L. Danner
• Maria 05
• Maryam 22
• Hina 26
• Nada 36
• Zohra 48
Financial System
• Money
• Financial Instruments
• Financial Markets
• Financial Institutions
• Central Banks
Financial Institutions
• “A financial institution is an institution that
provides financial services for its clients or
members.”
• Currency (SDR)
• *SDR = just a unit of account…not a real currency
• Nationality: French
Total 0.4180
SDR Interest Rate 0.42
Potential pitfalls as a reserve
currency
The SDR does not contain
Chinese Yuan,
Indian Rupee,
Australian Dollar or Canadian Dollar,
(which are important benchmark or secondary
global reserve currencies.)
The current SDR is a relatively small basket
of currencies.
“QUOTAS”
Quotas
“Definition”
Purpose
• It was founded to finance reconstruction projects in war-
ravaged countries despite their poor creditworthiness.
IBRD: Function
• To assist in process of reconstruction, development and
restoration of countries destroyed by war.
• To promote long term balanced growth all around the
world.
• To encourage international investments for development
of the member countries.
• To encourage private foreign investments by means of
gurantees.
• To help member countries in maintenances of
equilibrium of BOP.
• To play a role so that smooth transition may take place
from war time to peace time economies.
IBRD
• Mode of funding
• Loans
• Membership
IDA
Orign
In 1959, the US made the resolution for the articles of
agreement for IDA and in September 1960 the IDA was
established.
Objectives and functions
• To promote economic development
• increase productivity
• raise standard of living
• It was established to provide confessional (no interest or
"soft") loans to the world's poorest governments.
Loans
World Bank Background and
Objectives
• Natural disasters
• Needs affecting developing economies
• Post conflict rehabilitation
• Needs affecting a transitioning economy
WB: Areas of operation
The World Bank is active in the • International Economics and
following areas: Trade
• Agricultural and Rural • International Economics and
Development Trade
• Conflict and Development • Labor and social protection
• Development Operations and • Law and Justice
Activities • Macroeconomic and Economic
• Economic Policy Growth
• Education • Mining
• Energy • Poverty Reduction
• Environment • Poverty
• Financial Sector • Private Sector
• Gender • Public Sector Governance
• Governance • Rural Development
• Health, Nutrition and Population • Social Development
• Industry • Social Protection
• Information and Communication • Trade
Technologies • Transport
• Information, Computing and • Urban Development
Telecommunications • Water Resources
• International Economics and •
Trade Water Supply and Sanitation
Globalization and the role of
World Bank
• The World Bank serves to eradicate the
evils of globalization.
• The first step of the World Bank towards
the accomplishment of the task is debt
relief.
• The World Bank has also drawn plans to
help the middle income countries in the
development of their infrastructure and
develop their trade
Millennium Development Goals
• Goal 1: Eradicate extreme poverty and hunger
• Goal 2: Achieve universal primary education
• Goal 3: Promote gender equality and empower
women
• Goal 4: Reduce child mortality
• Goal 5: Improve maternal health
• Goal 6: Combat HIV/AIDS, malaria, and other
diseases
• Goal 7: Ensure environmental sustainability
• Goal 8: Develop a global partnership for
development
Projects of World bank in
Pakistan
In Pakistan WB is
• supporting reforms at both the federal and provincial
level.
• working with Pakistan Poverty Alleviation Fund to bring
difference in the lives of poor.
• helping the victims of the Earthquake.
• working with the government to improve education
outcomes.
• joining with international partners to help Pakistan fight
polio.
• helping Pakistan prevent the spread of HIV/AIDS.
They (the WB) rely on local expertise.
Difference between IMF and WB
International Monetary Fund World Bank
• *Location:
Manila, Philippines
Islamic Development Bank
(The IsDB)
IsDB: Fact & Figures
• Founded in: 18 December 1973
(officially began it’s activities on 20 October, 1975 [15 Shawwal 1395H])
• The alternative is
for debtor
countries to suffer
the same kind of
economic
sanctions as Iran,
Cuba and pre-
invasion Iraq.
2.Impact on Public Health
In 2008, A study by Cambridge and Yale concluded:
• strict conditions
on the
international loans
by the IMF
resulted in
thousands of
deaths as public
health care had to
be weakened.
• In the 21 countries
which the IMF had
given loans,
tuberculosis
deaths rose by
16.6 %
• WB: AIDS
controversy
3.Devaluations
3.Devaluations