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DOI: 10.5281/zenodo.17538856
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In oduc ion
The Wo ld Bank, ounded in 1944 du ing he B e on Woods
Con e ence, is a op in e na ional inancial o ganiza ion p o iding
loans and g an s o low & middle income coun ies o p omo e
economic g ow h and igh po e y. I began ope a ions in 1946
mainly o suppo Eu ope’s pos -Wo ld Wa II econs uc ion. O e
ime, i s mission has expanded o include global sus ainable
de elopmen and po e y educ ion e o s [1][2][3][4].
Recen ly, he Wo ld Bank has shi ed i s ocus o mo e ac i ely
elimina e ex eme po e y and os e sha ed economic success.
The e's an inc eased emphasis on p o ec ing ou en i onmen and
ackling clima e change. Thei e o s co e i al a eas like
educa ion, heal h, in as uc u e, a ming, conse a ion, and good
go e nance. La ely, hey' e also placed s ong emphasis on social
and en i onmen al sa egua ds o p omo e sus ainable g ow h,
wo king closely wi h NGOs, de elopmen g oups, and p i a e
pa ne s o achie e a g ea e posi i e impac .
The IBRD p o ides so e eign loans o middle-income and
c edi wo hy low-income coun ies, suppo ing in as uc u e
p ojec s and ins i u ional capaci y. The IDA o e s concessional
loans and g an s o poo es na ions' de elopmen . MIGA supplies
geo-loca ional isk insu ance, c edi enhancemen , and in es men
gua an ees o encou age o eign di ec in es men , boos ing p i a e
sec o pa icipa ion. ICSID p o ides a bi a ion and concilia ion o
in es men dispu es, os e ing in es o con idence in eme ging
economies [5][6][7][8].
As he geo-loca ional and economic landscape e ol es, i is c ucial
o shi om solely o e ing loans o de eloping na ions owa ds a
mo e holis ic app oach ha in ol es cons uc i e media ion and
o e sigh o he global mone a y sys em. This shi aims o enhance
mac oeconomic s abili y, mi iga e sys emic isks om cu ency
luc ua ions, and os e sus ainable g ow h. Achie ing his equi es
implemen ing esilience sys ems o look a e exchange a e policies
and mone a y policy coo dina ion, he eby building a mo e esilien
and s able in e na ional inancial sys em.
New Wo ld Bank
Lie Chun Pong
Sch: HKUST, JUFE
Co esponding Au ho : Lie Chun Pong
Sch: HKUST, JUFE
The Wo ld Bank, ounded in 1944 a he B e on Woods Con e ence, is a majo in e na ional ins i u ion p o iding loans and
g an s o low- and middle-income coun ies o p omo e de elopmen and igh po e y. I launched in 1946, ini ially helping
Eu ope’s pos -WWII eco e y, and la e expanded o global sus ainabili y and po e y p og ams. The Wo ld Bank G oup
(WBG) includes IBRD, IDA, IFC, MIGA, and ICSID. This pape p oposes e ising i s unc ions, especially o a global
cu ency sys em ini ia i e, as pa o he P elude e o m o enhance i s in luence and economic s abili y wo ldwide.
KEY WORDS: B e on Woods, Wo ld Bank, (WBG), New Wo ld Bank.
Abb e ia ed Key Ti le: UAI J Econ Bus Manag.
ISSN: 3049-2777 (Online)
Jou nal Homepage: h ps://uaipublishe .com/
Volume- 1 Issue- 6 (No embe -Decembe ) 2025
F equency: Bimon hly
Resea ch Pape
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DOI: 10.5281/zenodo.17538856
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This esea ch a icle aims o examine and e ine he concep ual
amewo k o he mode n "new" Wo ld Bank. Today, he ins i u ion
unc ions as a complex, mul i ace ed de elopmen o ganiza ion ha
has e ol ed beyond i s o iginal pos -Wo ld Wa II econs uc ion
pu pose. I s cu en ocus includes sus ainable de elopmen
ini ia i es, mul idimensional po e y alle ia ion s a egies, and
e o s o adap o and build esilience agains clima e change. The
p ima y aim is o demons a e how he Wo ld Bank's in luen ial ole
can be aligned wi h b oade objec i es o a u u e global mone a y
sys em, emphasizing he need o a uni ied, s able, and esilien
in e na ional cu ency sys em.
Me hodology
This esea ch a icle p esen s a comp ehensi e sys ema ic e iew o
Wo ld Bank epo s and s udies e ie ed om epu able sou ces like
Wo ldBank.o g. I ocuses on a ious ypes o economic esea ch,
including case s udies and me a-analyses, all published be ween
2012 and 2025. The s udy examines key a iables such as indica o s
o he economic condi ions, including he CPI index, as well as
socioeconomic ac o s like GDP le el ha may a ec global
economic ou comes. This ho ough and s uc u ed app oach aims o
elucida e he complex ela ionships wi hin he b oade socie al
con ex and suppo s he concep o eshaping he ―new‖ Wo ld
Bank.
Discussion
Boos s con idence in cu ency s abili y
Some migh ask why e o ming he Wo ld Bank and expanding i s
ole is essen ial, u ning i in o a sup ana ional ins i u ion ha
manages cu ency supply like he IMF. Do hese agencies o e lap?
In eali y, he u u e Wo ld Bank will de elop alongside he IMF,
aking on asks such as o e seeing global in e es a es and he
money supply. The IMF will e ain i s dis inc unc ions wi hin his
new s uc u e. This se up is compa able o a di ision wi hin a la ge
o ganiza ion, whe e each depa men handles speci ic
esponsibili ies. The p ima y pu pose o he new Wo ld Bank will be
o unc ion as a cen al bank, de e mining op imal money supply and
in e es a es o each coun y. Global cu ency supply decisions will
be in luenced by deb le els, ade condi ions, and especially each
coun y’s GDP g ow h. Today, he global cu ency ma ke aces
ins abili y, o e supply, and high in la ion, which o en cause
economic down u ns since he end o he B e on Woods sys em.
Cu ency o e -supply mos ly a ec s de eloping na ions, bu
ecen ly some de eloped coun ies ha e also been impac ed.
Res o ing con idence emains ou main objec i e.
To es o e and s eng hen con idence in he cu ency e ec i ely, a
comp ehensi e s a egy is necessa y. This should ocus on
ede ining he cu ency in as uc u e and c ea ing a new
o ganiza ional amewo k. The plan includes in oducing inancial
inno a ions such as a new global cu ency, imp o ing anspa ency
in mone a y policy, and e o ming ins i u ional go e nance such as
eshaping he new Wo ld Bank o boos c edibili y and us among
he wo ld's ci izens and s akeholde s.
In doing so, con idence eshaping can be accomplished h ough he
c ea ion o a esilien , anspa en , and c edible mone a y sys em ha
aligns wi h ad anced economic p inciples. Addi ionally, indica o s
ha e lec he expec a ions and sen imen s o economic agen s—
such as consume s, i ms, and in es o s— ega ding he u u e
economic ou look and cu ency s abili y a e impo an . Key
measu es include indices like he Consume P ice Index (CPI) and
economic sen imen indices, which ga he pe cep ions on
p oduc ion, p ices, and inancial condi ions.
Ma ke -based indica o s, such as GDP, can o e aluable insigh s
in o con idence ha we mus conside . Which, GDP is o en iewed
as a key indica o o ma ke con idence, e lec ing inancial da a like
exchange a e s abili y, ese e adequacy a ios (such as g oss
ese es o he mone a y base), and in e es a e sp eads.
These me ics help us assess in es o us in a cu ency’s alue and
a coun y's abili y o suppo i . This indica o can se e as a use ul
ool o e alua ing a coun y’s s abili y. Addi ionally, his esea ch
pape emphasizes ha he mos impo an ac o in es o ing
con idence in a cu ency is s abilizing he p ice le el, which means
ha main aining a s able p ice le el is key o ebuilding cu ency
con idence, especially when a coun y is al eady collapsing and has
ze o con idence le in he go e nmen . The new Wo ld Bank can
hen play a majo ole in es o ing us as a key playe .
S onge con idence in cu encies is shown h ough posi i e ma ke
signals and o ecas s. Such op imism can os e a mo e s able
economy and inancial sys em by alle ia ing unce ain y, lowe ing
isk p emiums, and de e ing isky, specula i e ac i i ies globally.
Sugges ion
Go e nance o he global new cu ency sys em
The newly e-designed Wo ld Bank will unc ion as an au onomous
legal en i y endowed wi h he manda e o o e see he go e nance
and ope a ional managemen o he global cu ency in as uc u e,
wi h a pa icula emphasis on he adminis a ion o he Special
D awing Righ s (SDR) mechanism. Each designa ed in as uc u e
asse pool will comp ise so e eign s a es g ouped acco ding o hei
SDR alloca ions, e ec i ely se ing as collec i e issuance igh s
analogous o expanded mone a y base inc emen s wi hin he
in e na ional mone a y sys em. Ope a ional and sus ainabili y, he
sys em will be inanced h ough e enue gene a ed by in as uc u e
u iliza ion, wi h addi ional unding po en ially sou ced om
associa ed wi h he ope a ion o he wo ld cu ency sys em. This
se up aims o ensu e sus ainabili y and liquidi y p o ision wi hin he
in e na ional mone a y a chi ec u e, while os e ing anspa ency and
adhe ence o sound mac oeconomic and mac op uden ial s anda ds.
The alloca ion o he money supply will mainly depend on he size
o he coun y's economic condi ion.
In addi ion, in as uc u e-backed ese es may help ensu e he
sus ainabili y o he new wo ld bank and new wo ld cu ency
s abili y. Mo eo e , such in as uc u e ese e-based cu ency back
up can p o ide sup a-coun y esilience, which p o ides esilience in
mi iga ing wo ldwide inancial isk. These inco po a e esilience
in o in as uc u e mone iza ion and se e as an in e na ional
ese e, which can p o ide he new Wo ld Bank and new wo ld
money wi h esilience.
To help p e en con lic s o e esou ce sha ing, we' e sugges ing he
c ea ion o a globally managed a bi a ion o ganiza ion, like he
In e na ional Chambe o Comme ce In e na ional Cen e o
A bi a ion (ICC). This neu al body would p o ide a iendly
pla o m o se le dispu es in ol ing he use and dis ibu ion o
Special D awing Righ s (SDRs) in he new in e na ional cu ency
sys em. Ha ing such a dedica ed a bi a ion se ice would make
esol ing disag eemen s quicke and easie , build us among
ins i u ions, and suppo he s abili y o ou global mone a y sys em.
Bluep in o he New Wo ld Bank
Thus, we ha e es ablished he co e ope a ional oles o he new
Wo ld Bank. These include moni o ing mone a y agg ega es
Resea ch Pape
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DOI: 10.5281/zenodo.17538856
Page 25
pa icula ly he money supply and in e es a e policies o ensu e
mac oeconomic s abili y; o e seeing he in e na ional ade
se lemen sys em, which enables smoo h c oss-bo de ansac ions
and boos s global economic in eg a ion; and c i ically, managing
in la ion h ough he p ice le el index o sus ain p ice s abili y and
encou age sus ainable g ow h. Toge he , hese unc ions aim o
s abilize key economic a iables, acili a e e icien esou ce use,
and s eng hen global inancial s abili y.
The p ima y goal o es uc u ing he new ―Wo ld Bank,‖ as
p e iously no ed, is o ge eady o an imminen c i ical e en .
Immedia e ac ion is necessa y o a e an impending disas e . This
es uc u ing is jus he ini ial s ep; he eal objec i e is o o e haul
he global cu ency and inancial sys ems. The pu pose o his
o e haul is o sys ema ically p epa e o po en ial global c ises, such
as an economic collapse o he ailu e o he mone a y sys em.
Essen ially, i se es as a p ologue o he b oade na a i e o he
wo ld cu ency.
Conclusion
This esea ch pape explo es he pa adigm shi wi hin he ins i u ion
adi ionally known as he Wo ld Bank, aiming o ede ine i s
s uc u al and ope a ional amewo ks o adap o eme ging global
economic eali ies. This ini ia i e eshapes he ―new‖ Wo ld Bank,
which could se e as a i s s ep owa d he concep ualiza ion and
possible implemen a ion o a uni ied global cu ency sys em,
po en ially enhancing mone a y s abili y and inancial in eg a ion
ac oss coun ies. Ou main goal is o e o m and ecalib a e he
in e na ional mone a y and iscal a chi ec u e, c ea ing a mo e
cohesi e and esilien inancial sys em. By p omo ing in e na ional
coope a ion and aligning economic policies, we seek o lay he
ounda ion o a mo e s able and inclusi e global economic o de .
Th ough s a egic collabo a ion and consensus-building, we can
wo k owa d a mo e sus ainable and equi able economic u u e ha
bene i s all na ions and humani y.
Re e ences
1. Wo ld Bank. (2012). Wo ld De elopmen Repo 2012:
Gende Equali y and De elopmen . The Wo ld Bank
G oup.
2. Wo ld Bank. (2018). Wo ld De elopmen Repo 2018:
Lea ning o Realize Educa ion’s P omise. The Wo ld
Bank G oup.
3. Wo ld Bank. (2019–P esen ). Coun y and Sec o
Repo s. The Wo ld Bank G oup.
4. Wo ld Bank. (2021). Wo ld De elopmen Repo 2021:
Da a o Be e Li es. The Wo ld Bank G oup
5. Wo ld Bank. (2022). Wo ld De elopmen Repo 2022:
Finance o an Equi able Reco e y. The Wo ld Bank
G oup.
6. Wo ld Bank. (2023). Highe Educa ion o De elopmen .
The Wo ld Bank G oup.
7. Wo ld Bank. (2023). Annual Repo 2023. The Wo ld
Bank G oup.
8. Wo ld Bank. (2024). Global Po e y Indica o s. The
Wo ld Bank G oup.
