Chair: Sanjay Misra
Vice Chair: Meilakh Barshay
Topic 1: Inspiring Job Creation
Inspiring Job Creation Update and Summary
Topic 2: Land Tenure Insecurity
Land Tenure Insecurity Update and Summary
Guide to World Bank
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The World Bank The World Bank is an international financial institution whose goal is to reduce worldwide poverty through foreign investment, international trade and capital investment. The World Bank is made up of two institutions; the International Development Association(IDA) and the International Bank for Reconstruction and Development (IBRD). It was created as part of the Breton Woods Conference in 1944, and is currently led by the President of the Bank, Robert B. Zoellick. Each branch of the World Bank has member countries. The IBRD has 187 member countries, while the IDA has 168. Each member country is also a part of the World Bank’s European counterpart, the International Monetary Fund. The World Bank’s poverty reduction strategies start with providing a thorough analysis of a country’s economic and financial situation. Appropriate aid efforts are the decided upon by the member countries with the most voting power (China, U.S., Japan, Germany, U.K., France and India) and loans are distributed accordingly. Currently, the World Bank has been assigned management of the Clean Technology Fund, the Clean Air Initiative and is a sitting observer to the United Nations Development Group.
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The World Bank at HMCE The World Bank at Harvard Model Congress Europe simulates an annual summit meeting. Delegates will be expected to articulate and argue for the interests and agendas of the countries that they represent. Therefore, each delegate should come prepared with information on their country, and the financial situations of the developing countries, which their “host” country contributes towards or has a marked interest in.
