Contenu connexe


international business environment-1.pptx

  1. International business environment Presented by : kiran & Simran
  2. Presentation of world Bank And GSP  Formation : July 1944  Type : International financial organisation  Headquarter : Washington. DC United States  Membership : 188( countries) {IBRD} 172( Countries) { IDA }
  3. What is world Bank The World Bank is an international development organization owned by 187 countries. Its role is to reduce poverty by lending money to the governments of its poorer members to improve their economies and to improve the standard of living of their people. The Bank is also one of the world's largest research centers in development. It has specialized departments that use this knowledge to advise countries in areas like health, education, nutrition, finance, justice, law and the environment. Another part of the Bank, the World Bank Institute, offers training to government and other officials in the world through local research and teaching institutions.
  4. Why it come into existence  The world Bank was created at the end of world war 2 as a result of many European and Asian countries needing financing reconstruction efforts  The bank is successfully in providing financing for these devastated (destroyed) countries .  The international Bank for reconstruction and development was the first” multilateral development bank “ before world war 2 had ended.
  5. Progress  The new bank received most of its funds from the new York investment community.  The bank made its first general reconstruction loans to France {$250 million- largest ever} the Netherlands, Denmark and Luxembourg in 1947  The bank’s first bond offering abroad, worth £5 million , came in Landon in 1957  It helps resolve the Indus water dispute between India
  6. World Bank’s top borrowers: 1. Mexico 2. Brazil 3. Turkey 4. Pakistan 5. China 6. Indian 7. Argentina
  7. World Bank group  World Bank group 1. International Bank for reconstruction and development (IBRD) 2. International development association ( IDA) 3. International finance corporation (IFC) 4. International centre for sattietment of investment disputes (ICSID). 5. Multilateral investment guarantee agency (MIGA)
  8. World Bank‘s top contributor’s 1. USA: 16.39 % 2. JAPAN:. 7.87 % 3. GERMANY : 4.49% 4. UK: 4.40 % 5. FRANCE:. 4.30 %
  9. GENERALISED SYSTEM OF PREFERENCES Introduction The generalized system of preference or GSP is a preferential tariff system which provides tariff reduction on various products the concept of GSP is very different from the concept of MEN ,MEN status provides equal treatment in the case of tariff being imposed by a nation but in case of GSP different tariff could be imposed by a nation on various countries depending upon factors such as whether it is a developed country or a developing country both the rules come under the purview of WTO.
  10. Benefits of GSP  Indian traders benefit indirectly through the benefit that accrues to the importer by way of reduced tariff or duty-free entry of eligible Indian products  Removal of import duty on Indian goods makes it more competitive to the importer – other things being equal.  This tariff preference helps the new exporters penetrate a market and established exporters to increase their market share and improve the donor country’s profit margins.
  11. Objective of GSP The Generalized System of Preferences aims to provide development support to developing countries by promoting exports to developed countries. The Generalized System of Preferences furnishes opportunities for many of the world’s poorest countries to use trade to grow the economy and climb out of poverty.
  12. Thanks you