TheWorldBankwbTHEWORLDBANKBRIEFINTRODUCTIONVICEPRESIDENTWBVSIMFWBANDCHINABriefIntroductionWB’sBackgroundandHistoryWB’sAimsWB’sinstitutionsMainBusinessWB’sManagementAgreementoftheIMF&ArticlesofagreementoftheIBRDFirstloantoFranceforpost-warreconstruction→→→WBraisestandardsoflivingindevelopingcountriesbychannelingfinancialresourcestothemfromdevelopedcountriesraisesmostofitsfundsontheworld'sfinancialmarketsMembership:187countriesFiveinstitutionsofWBInternationalDevelopmentAssociation(IDB-国际开发署)theInternationalFinanceCorporation(IFC-国际金融公司)theMultilateralInvestmentGuaranteeAgency(MIGA-多边投资担保机构).InternationalCentreforSettlementofInvestmentDisputes(ICSID国际投资争端解决中心)theInternationalBankforReconstructionandDevelopment(IBRD-国际复兴与开发银行),IBRD=TheInternationalBankforReconstructionandDevelopmentReconstruction:Europeanconstruction,Development:loansandaidsforitsmembercountriesaims:reducepovertyinmiddle-incomeandcreditworthypoorercountriesbypromotingsustainabledevelopmentthroughloans,guarantees,riskmanagementproducts,andanalyticalandadvisoryservices.raises:world'sfinancialmarketsMembership:182countriesUPtillnow$523.6billion($37.8billionforChina)ProjectloanCo-financingThethirdwindowfacilityAdjustmentfacilityWB’SMAINBUSINESS--LOANSNon-projectloanManagementVicepresidentsSeniormanagementsTheUSATheU.K.JapanFranceGermanChina…BoardofGovernorsPresidentBoardsofDirectors(ExecutiveDirectors),Wearethenumberone.PaulWolfowitzJune2005-June2007JamesD.WolfensohnJune1995-May2005LewisPrestonSeptember1991-May1995BarberConableJuly1986-August1991AldenWinshipClausenJuly1981-June1986RobertStrangeMcNamaraApril1968-June1981GeorgeDavidWoodsJanuary1963-March1968EugeneRobertBlackJuly1949-December1962JohnJayMcCloyMarch1947-June1949EugeneMeyerJune1946-December1946RobertB.Zoellick11thChiefExecutiveofWB1971BachelorofTaiwanPoliticalUniversity1978MasterofBeijingUniversity1982DoctorofTheUniversityofChicago1986Post-DoctorateofYaleUniversity1986-2008ProfessorandFoundingDirectoroftheChinaCentreforEconomicResearchatPekingUniversityFeb,4th,2008,chiefeconomist&vicepresidentofWBLINYIFU(Oct.5,1952)“AsourfirstChiefEconomistfromadevelopingcountry,andanexpertoneconomicdevelopmentandparticularlyagriculture,JustinLinbringsauniquesetofskillsandexperiencetotheWorldBankGroup,…”“Ilookforwardtoworkingcloselywithhimonanumberofareas,includinggrowthandinvestmentinAfrica,opportunitiesforSouth-Southlearningandbankinstrumentstobettersupportcountrieshitbyhighenergyandagricultureprices…”RobertB.Zeollic↗WB↖IMFDifferencesbetweenIMFWBAimsa.monetaryrelationshipsa.improvedevelopmentofbmonetarycooperationeconomy&productitivitycshorttermloans(3-5)b.longtermloans(≥50years)Functionsapreventeconomic&a.acceleratethedevelopmentfinancialcrisisofdevelopingcountriesbbalanceinternationalpaymentTargetthosesufferedfromneedofdevelopingcountriesfinancialcrisisandintendsforlarge-scalebuildingoftostabilizetheirmonetaryinfrastructures,andthosesystem&revenueanddevelopingcountriessufferedexpendituresystemfromnaturaldisastersExamplescoordinatorin1997’soffered≥$100billonforAsianFinancialCrisisthosedevelopingcountrieswhosufferedterriblyfromAsianFinancialCrisisof1997,egThailand,Korean,Indonesia,etc.30thAnniversaryofChina-WB