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7/28/2019 Presentation1imf Adb Wb

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The International Monetary Fund (IMF) is an organization of 188 countries, working to

foster global monetary cooperation, secure financial stability, facilitate international

trade, promote high employment and sustainable economic growth, and reduce povertyaround the world.

International Monetary Fund


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.(i) Providing short terms credit to member countries

for meeting temporary difficulties due to adverse

balance of payments.

(ii) Reconciling conflicting claims of member countries.

(iii) Providing a reservoir of currencies of member-

countries and enabling members to borrow on

another's currency.

(iv) Promoting orderly adjustment of exchange rates.

(v) Advising member countries on economic, monetary

and technical matters.

IMF performs the following functions


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Promoting international monetary cooperation;

Facilitating the expansion and balanced growth of

international trade.Promoting exchange stability;

Assisting in the establishment of a multilateral system

of payments; and

Making resources available (with adequate safeguards)

to members experiencing balance of payments

difficulties.

MAIN PURPOSES IMF


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The IMF has shown great interest in the economic development of

under development countries.

It has made a steady progress towards the establishment of a

multilateral system of payment in respect of current transactions.

It has simplified the multiple exchange system. The IMF has promoted

exchange rate stability and expansion of world trade.

It has provided an excellent forum for the discussion and solution of

economic, fiscal and financial problems having an international

impact.

The IMF has granted undue credit to some countries. Its insistence on

devaluation in some cases proved ill advised. It has followed a week

policy in the fixation of exchange rate.

It has been charged as being partial to developed countries and nothelping adequately the under developed countries.

IMF Operations:


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OBJECTIVES OF THE IMF INTERNATIONAL MONETARY CO OPERATION

TO FACILITATE EXPANSION AND BALANCED GROWTH OF INTERNATIONAL

TRADE

TO PROMOTE EXCHANGE STABILITY

GENERATING HIGHER EMPLOYMENT AND INCOME

ABOLITION OF EXCHANGE RESTRICTION

AID TO MEMBERS DURING EMERGENCY

TO SHORTEN THE DURATION AND LESSEN THE DEGREE OF DISEQUILIBRIUM

IN THE INTERNATIONAL BALANCE OF PAYMENTS OF MEMBERS.


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1. Collection and allocation of reserves

2. Supervising the adjustable peg system

3. Rendering advice to member countries ontheir international monetary affairs

4. Promoting research in various areas of

international economics and monetary

economics

5. Providing a forum for discussion and

consultation among member countries

Important role of IMF:


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The world bank is an

internationally supported

bank that provides

financial and technicalassistance to developing

countries for development

programs (e.g. bridges,

roads, schools)with thestated goal of reducing

poverty.

WORLD BANK


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HISTORY

The world bank is one of the two Breton WoodsInstitutions which were created in 1944 to

rebuild a wartorn Europe after World War II .

Later ,largely due to the contributions of theMarshall Plan ,the World Bank was forced to find

a new area in which to focus its efforts.


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OBJECTIVES

1. Investing in people, particularly through basic health and education

2. Focusing on social development, inclusion governance, and institution-building as key elements of poverty reduction.

3. Strengthening the ability of the governments to deliver qualityservices, efficiently and transparently

4. Protecting the environment.

5. Supporting and encouraging private business development

6. Promoting reforms to create a stable macroeconomic environment,conducive to investment and long-term planning.


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World bank Focus on

Creating Infrastructure

Developing financial systems

Protect individual and property rights

Implement legal systems that encourage

business


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Improving living standards

Poverty reduction strategies

Clean technology fund management

Clean air initiative

United Nations development business

Functions


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ADB HEADQUARTERS

ADB is headquartered in Manila, Philippin


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The two largest shareholders of the Asian Development Bank are

the United States and Japan. Although the majority of the Bank'smembers are from the Asia-Pacific region, the industrialized

nations are also well represented. Regional development banks

usually work in harmony with both the International Monetary

Fund and the World Bank in their activities.

Asian Development Bank (ADB)

The Asian Development Bank (ADB)is a regional development

bank established in 1966 to promote economic and social

development in Asian and Pacific countries through loans andtechnical assistance.


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It is a multilateral development financial institution

owned by 67 members, 48 from the region and 19from other parts of the globe.

ADB's vision is a region free of poverty. Its mission is to

help its developing member countries reduce poverty and

improve the quality of life of their citizens.

Asian Development Bank help its members who aredeveloping countries by providing them with technical

assistance, grants, loans, and guarantees.


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Asian Development Bank (ADB)

The ADB was established by Asian countries to foster the economic

growth and cooperation in the region of Asia and the Far East,including the South Pacific. Asia has about 30 per cent of worldpopulation.

But the pace of development is slow and inadequate to support thepopulation.

There was need for institution to mobilise additional resources and toattract investment from outside the region. ADB was set up to meetthis need. It started functioning on December 19, 1996.


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Objectives of ADB

(I) To promote economic cooperation and growth in Asia and the Far East.

(ii) To encourage member countries to work both collectively and individually.

(iii) To promote economic growth of member countries by reducing poverty.

(iv) To provide technical assistance in the planning and execution of projects ofmember countries.

(v) To support human development activities such as education, health,nutrition, population planning, etc.

(vi) To provide support for policy reforms in order to create more opportunitiesfor the poor


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Ranking Vice-President and Acting Chair of

the Board of Directors:Bindu.N.Lohani

Members:67; 48 regional members; 19 nonregional

members

Offices:

Headquarters in Manila, Philippines, with 27

resident missions and 3 representative

offices in Tokyo, Frankfurt, and Washington,

DC

Founded: 1966

Budget: 2013 Budget

Financing in 2011: $21.72 billion

Key facts
http://www.adb.org/about/management/bindu-lohanihttp://www.adb.org/documents/budget-asian-development-bank-2013http://www.adb.org/documents/budget-asian-development-bank-2013http://www.adb.org/about/management/bindu-lohanihttp://www.adb.org/about/management/bindu-lohanihttp://www.adb.org/about/management/bindu-lohani


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The main functions of ADB are:

Technical assistance provided to members, so that they can plan and

execute development strategies and projects.Assistance to DMCs (Developing Member Countries) to coordinate

policies designed for development.Equity investments and loans to member nations.Encouragement to member nations to invest private and public capitalfor development.


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PRESENTED BY:

VEENA.P.K

LATHA.M

Thank you

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