The role of the World Bank in the international political economy and its impact on poverty.Zartashia Jahangir (15192)Muneeba Tariq (15389)Summyia Tanveer (15647)Khadija Bibi ( 15213 )Vision (World Bank Mission Statement):"The World Bank Group, passion and professionalism for lasting results is to fight poverty - from the production of resources to help oneself and the environment, the ability to share the construction of knowledge and the private sector partners to build publican. “Introduction: IMF, World Bank and WTO in the global economy have been the central pillar and called them “the architect of the global economy”. Actually the Bretton Woods conference of the IMF and the World Bank was founded in 1944  IBRD- Industrial Bank for Reconstruction and Development. IDA- International Development Association. IFC- International Financial Corporation. MIGA- Agency multilateral for investment guarantee. ICSID-International Center for Poverty. Dispute Resolution. The World Bank builds roads, power plants, schools, dams, bridges, ports and other "infrastructure" projects as governments do to finance long-term loans. Countries that have “structural adjustment programs” (SAPs) have accepted that the World Bank will only extend loans. SAPs democratic debtor countries by people who do not make decisions. The former colonial world is forced down the throats of the people. To repay the debt, the World Bank requires public assets and government companies (privatization), healthcare, education, child care and cuts in spending on social services such as pensions by selling off government funds. The United States and other developed capitalist countries, political workers both directly and indirectly...... half of the document ......based on poverty alleviation, financial and economic situation of the country, with a detailed analysis of a cross-section of local groups combining a World Bank strategy unique to the country in question. If government priorities and identification of poverty reduction targets and World Bank aid efforts align accordingly. Forty-five countries "aid to the world's poorest countries", in which the distribution of loans to poor countries, the World Bank's International Development Association (IDA) is promised aid of 25.1 billion dollars. Rich countries, occasional illnesses, including their support for their projects, funds and IDA recipients of criticism, although Robert B. Zoëlick, president of the World Bank, announced on December 15, 2007 loans when he stated however that the IDA money " poorer developing countries than rely on the core grant ."