A Guide to the World Bank
268 Pages
English
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A Guide to the World Bank

YouScribe would like you to have this content free of charge
268 Pages
English

Description

The World Bank Group is a vital source of financial and technical assistance to developing countries around the world. Its focus is on helping the poorest people in the poorest countries by using its financial resources, staff, and extensive experience to aid countries in reducing poverty, increasing economic growth, and improving quality of life. In partnership with more than 100 developing countries, the Bank Group is striving to improve health and education, fight corruption, boost agricultural support, build roadsand ports, and protect the environment. Other projects are aimed at rebuilding war-torn countries or regions, providing basic services such as access to clean water, and encouraging investments that create jobs.
In addition to this critical groundwork around the world, various parts of the World Bank Group are involved in activities ranging from conducting economic research and analysis to providing financial and advisory services to governments and private enterprises.
This completely revised and updated second edition provides an accessible and straightforward overview of the World Bank Group's history, organization, mission, and purpose. Additionally, for those wishing to delve further into subjects of particular interest, the book guides readers to sources containing more detailed information, including annual reports, Web sites, publications, and e-mail addresses for various departments. It also provides information on how to work for or do business with the World Bank.
A good introduction for anyone interested in understanding what the World Bank Group does and how it does it, this book shows readers who want to learn more where to begin.

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Published 27 June 2007
Reads 24
EAN13 9780821366943
Language English
Document size 1 MB

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A guide to
The World Bank
SECOND EDITIONA guide to
TheWorld BankA guide to
TheWorld Bank
SECOND EDITION© 2007 The International Bank for Reconstruction and Development / The World Bank
1818 H Street NW
Washington DC 20433
Telephone: 202-473-1000
Internet: www.worldbank.org
E-mail: feedback@worldbank.org
All rights reserved
2 3 4 10 09 08 07
This volume is a product of the staff of the International Bank for Reconstruction and Develop-
ment / The World Bank. The findings, interpretations, and conclusions expressed in this volume
do not necessarily reflect the views of the Executive Directors of The World Bank or the govern-
ments they represent.
The World Bank does not guarantee the accuracy of the data included in this work. The
boundaries, colors, denominations, and other information shown on any map in this work do
not imply any judgement on the part of The World Bank concerning the legal status of any ter-
ritory or the endorsement or acceptance of such boundaries.
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The material in this publication is copyrighted. Copying and/or transmitting portions or all of
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All other queries on rights and licenses, including subsidiary rights, should be addressed to
the Office of the Publisher, The World Bank, 1818 H Street NW, Washington, DC 20433, USA;
fax: 202-522-2422; e-mail: pubrights@worldbank.org.
ISBN-10: 0-8213-6694-7 (soft cover)
ISBN-10: 0-8213-6918-8 (hard cover)
ISBN-13: 978-0-8213-6694-3 (soft cover)
ISBN-13: 978-0-8213-6718-6 (hard cover)
eISBN-10: 0-8213-6695-5
eISBN-13: 978-0-8213-6695-0
DOI: 10.1596/978-0-8213-6694-3
Cover design: Rock Creek Creative
Cover photos (clockwise from lower left): World Bank/Jim Pickerell; World Bank/Ami Vitale;
World Bank/Gennadiy Ratushenko.
Interior design and typesetting: Circle Graphics
Interior photos: IFC/Rob Wright (page xiv); World Bank/Curt Carnemark (page xvi);
World Bank/Simone McCourtie (page 6); World Bank/Thanit Thangpijaigul (page 44);
IFC/courtesy of Embraer (page 138); World Bank/Bill Lyons (page 188).
Library of Congress Cataloging-in-Publication Data
Guide to the World Bank. — 2nd ed.
p. cm.
Includes bibliographical references and index.
ISBN 978-0-8213-6694-3 — ISBN 978-0-8213-6695-0 (electronic)
1. World Bank Group. 2. Developing countries—Economic conditions 3. Economic
assistance. I. World Bank.
HG3881.5.W57G853 2007
332.1'532—dc22
2007019884CONTENTS
Preface . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . xi
Acknowledgments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . xiii
Abbreviations. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . xv
The World Bank Group Mission . . . . . . . . . . . . . . . . . . . . . . . xvii
Introduction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1
1 How the World Bank Group Is Organized . . . . . . . . . . . . . . . . . 7
Governance of the World Bank Group. . . . . . . . . . . . . . . . . . . . 7
The Five World Bank Group Institutions . . . . . . . . . . . . . . . . 11
Organizing Principles within the World Bank Group . . . . . . . 27
Relationship to the IMF and the UN40
2 How the World Bank Group Operates . . . . . . . . . . . . . . . . . . . 45
Strategies . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 46
Policies and Procedures . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 55
The Bank Group’s Finances . . . . . . . . . . . . . . . . . . . . . . . . . . . 59
Financial Products and Services . . . . . . . . . . . . . . . . . . . . . . . . 61
Knowledge Sharing . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 72
World Bank Project Cycle . . . . . . . . . . . . . . . . . . . . . . . . . . . . 76
IFC Project Cycle . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 82
Partnerships. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 84
Staff, Consultants, and Vendors . . . . . . . . . . . . . . . . . . . . . . . . 87
3 World Bank Group Countries and Regions . . . . . . . . . . . . . . . 93
Member Countries . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 94
Africa (Sub-Saharan) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 103
East Asia and the Pacific . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 110
South Asia . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 115
vvi Contents
Europe and Central Asia . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 121
Latin America and the Caribbean . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 127
Middle East and North Africa . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 133
4 Topics in Development . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 139
Agriculture and Rural Development . . . . . . . . . . . . . . . . . . . . . . . . . . . 140
Aid Effectiveness . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 141
Combating Corruption143
Conflict Prevention and Fragile States. . . . . . . . . . . . . . . . . . . . . . . . . . 144
Debt Relief. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 145
Economic Research and Data . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 147
Education149
Empowerment and Participation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 152
Energy and Mining . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 153
Environment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 155
Financial Sector . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 157
Gender. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 159
Globalization160
Governance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 161
Health, Nutrition, and Population . . . . . . . . . . . . . . . . . . . . . . . . . . . . 163
Indigenous Peoples . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 166
Information and Communication Technologies . . . . . . . . . . . . . . . . . 167
Infrastructure168
Labor and Social Protection. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 170
Law, Regulation, and the Judiciary172
Manufacturing and Services . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 173
Poverty. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 174
Private Sector Development176
Social Development. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 179
Sustainable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 180
Trade . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 181
Transport. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 183
Urban Development . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 184
Water185
APPENDIXES
A. Contacting the World Bank Group . . . . . . . . . . . . . . . . . . . . . . . . . 191
Headquarters and General Inquiries191
Media Relations, News, and Public Affairs. . . . . . . . . . . . . . . . . . . . 192
Public Information . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 193viiContents
B. Timeline of World Bank Group History . . . . . . . . . . . . . . . . . . . . . . 195
C. Presidents of the World Bank Group . . . . . . . . . . . . . . . . . . . . . . . . 203
D. Country Membership in World Bank Group Institutions . . . . . . . . 205
E. Constituencies of the Executive Directors . . . . . . . . . . . . . . . . . . . . 215
F. Additional Country Resources . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 229
References . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 231
Index . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 233
Boxes
1 The Five World Bank Group Institutions . . . . . . . . . . . . . . . . . . . . . . . 2
2 Millennium Development Goals . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3
1.1 World Bank Group President Rober B. Zoellick. . . . . . . . . . . . . . . . . 10
1.2 Origin of the Term “World Bank” . . . . . . . . . . . . . . . . . . . . . . . . . . . 11
1.3 IBRD Basic Facts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13
1.4 IDA Basic Facts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17
1.5 IFC Basic Facts. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20
1.6 MIGA Basic Facts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 24
1.7 ICSID Basic Facts25
2.1 Millennium Development Goals (MDGs) . . . . . . . . . . . . . . . . . . . . . 47
2.2 Poverty Reduction Strategies: Key Steps . . . . . . . . . . . . . . . . . . . . . . . 53
2.3 Reporting Fraud or Corruption . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 59
2.4 Financial Terms and Rates. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 67
2.5 Obtaining World Bank Group Publications . . . . . . . . . . . . . . . . . . . . 76
2.6 Web Links for Project Information, Disclosure, and Evaluation. . . . . 81
3.1 Web Links for Country Membership Information . . . . . . . . . . . . . . . 94
3.2 IBRD Graduates . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 97
3.3 Africa Fast Facts104
3.4 East Asia and the Pacific Fast Facts . . . . . . . . . . . . . . . . . . . . . . . . . . 111
3.5 South Asia Fast Facts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 116
3.6 Europe and Central Asia Fast Facts122
3.7 Latin America and the Caribbean Fast Facts . . . . . . . . . . . . . . . . . . . 128
3.8 Middle East and North Africa Fast Facts. . . . . . . . . . . . . . . . . . . . . . 134
4.1 Web Links for Data and Statistics . . . . . . . . . . . . . . . . . . . . . . . . . . . 147
F.1 Regional Web Sites . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 230viii Contents
Figures
1.1 Relationship Between Member Countries and the
World Bank Group . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8
1.2 Voting Power of the Largest Shareholders of IBRD . . . . . . . . . . . . . . . 9
1.3 World Bank Organizational Structure. . . . . . . . . . . . . . . . . . . . . . . . . 28
1.4 IFC Organizational Structure . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 30
1.5 MIGA . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 32
2.1 Total IBRD-IDA Lending by Theme, Fiscal 2006 . . . . . . . . . . . . . . . 50
2.2 Total by Sector, Fiscal 2006 . . . . . . . . . . . . . . . . 50
2.3 IFC Investment Projects by Industry, Fiscal 200651
2.4 MIGA Guarantees Issued by Sector, Fiscal 2006. . . . . . . . . . . . . . . . . 51
2.5 World Bank Project Cycle . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 77
3.1 Total IBRD-IDA Lending by Region, Fiscal 2006 . . . . . . . . . . . . . . 101
3.2 IFC Investment Projects by Fiscal 2006. . . . . . . . . . . . . . . . 102
3.3 MIGA’s Outstanding Portfolio Distribution by Host Region
as of June 30, 2006 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 102
3.4 Africa: IBRD and IDA Lending by Theme, Fiscal 2006. . . . . . . . . . 106
3.5and IDA by Sector, Fiscal 2006. . . . . . . . . . . 106
3.6 East Asia and the Pacific: IBRD and IDA Lending by Theme,
Fiscal 2006 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 112
3.7 East Asia and the Pacific: IBRD and IDA Lending by Sector,
Fiscal 2006112
3.8 South Asia: IBRD and IDA Lending by Theme, Fiscal 2006 . . . . . . 118
3.9 South Asia: IBRD and IDA Lending by Sector, Fiscal 2006. . . . . . . 118
3.10 Europe and Central Asia: IBRD and IDA Lending by Theme,
Fiscal 2006124
3.11 Europe and Central Asia: IBRD and IDA Lending by Sector,
Fiscal 2006124
3.12 Latin America and the Caribbean: IBRD and IDA Lending
by Theme, Fiscal 2006. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 130
3.13 Latin America and the Caribbean: IBRD and IDA Lending
by Sector, Fiscal 2006130
3.14 Middle East and North Africa: IBRD and IDA Lending
by Theme, Fiscal 2006135
3.15
by Sector, Fiscal 2006135
E.1 Voting Power of the Largest Shareholders of IBRD
as of April 2007 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 216
E.2 Voting Power of the Largest Shareholders of IDA
as of April 2007 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 219ixContents
E.3 Voting Power of the Largest Shareholders of IFC
as of April 2007 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 222
E.4 Voting Power of the Largest Shareholders of MIGA
as of April 2007225
Tables
1.1 Country Eligibility for Borrowing from the World Bank
as of July 1, 200614
1.2 Cumulative IDA Subscriptions and Contributions . . . . . . . . . . . . . . . 18
2.1 IBRD-IDA Cumulative Lending by Country/Region . . . . . . . . . . . . 62
D.1 Country Memberships and Voting Shares in Each Institution
as of April 2007 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 206
E.1 Voting Shares of Executive Directors of IBRD as of April 2007 . . . . 216
E.2 Voting Shares of Executive Directors of IDA as of April 2007 . . . . . 219
E.3 Voting Shares of Directors of IFC as of April 2007. . . . . . . . . . . . . . 222
E.4of of MIGA as of April 2007 . . . . . . . . . . . 225