World Bank (WB)

EENI- School of International Business

Subject (Course): The World Bank. The International Development Association. Syllabus:

1. Introduction to the World Bank (WB)
2. The organisation of the World Bank (WB)
3. Member countries.
4. The World Bank and the Millennium Development Goals.
5. The World Bank operations:
     - Fund generation
     - Loans
     - Trust funds
     - Grants.
6. The World Bank projects.
     - Profiles.
     - Databases.
     - Projects Lifecycle (Identification, preparation, appraisal, approval, implementation, completion, and evaluation).
7. Doing Business with the World Bank (WB).
8. International Bank for Reconstruction and Development.
9. International Development Association.
10. World Development Indicators.

The objectives of the subject “The World Bank (WB)” are to

1. Understand the purposes, structure, and functions of the World Bank
2. Identify areas of cooperation of the World Bank
3. Analyse World Bank loans
4. Know the affiliated institutions: the Multilateral Investment Guarantee Agency, the International Bank for Reconstruction and Development, and the International Finance Corporation
5. To understand the functioning of World Bank projects

Sample of the subject - World Bank:

Subject Description (World Bank):

The World Bank (WB) was created in 1994, as a specialised agency of the United Nations (UN), and consists of 184 member countries. The member economies of the World Bank define how the Bank is financed and how its resources are used.

One of the objectives of the World Bank is to cooperate to reach the Millennium Development Goals (United Nations) and intended for sustainable poverty reduction.

The “World Bank Group” consists of the International Bank for Reconstruction and Development and the International Development Association and three other organisations; they supply low-interest loans, interest-free credit and grants to developing countries.

1. The International finance corporation promotes the private sector foreign direct investment by supporting high-risk sectors or/and markets.
2. The Multilateral Investment Guarantee Agency provides political risk insurance (guarantees) to investors in developing countries.
3. The International Centre for Settlement of Investment Disputes settles foreign direct investment disputes between foreign investors and their host nation.

International Bank for Reconstruction and Development

World Bank - Member States.

Denmark
Djibouti
Dominica
Dominican Republic

Eastern Caribbean States
Ecuador
Egypt
El Salvador
Equatorial Guinea
Eritrea
Estonia
Ethiopia
The European Union

Fiji
Finland
France

Gabon
The Gambia
Georgia
Germany
Ghana
Greece
Grenada
Guatemala
Guinea
Guinea-Bissau
Guyana

Haiti
Honduras
Hungary

Iceland
India
Indonesia
Iran, Islamic Republic of
Iraq
Israel
Italy.

Jamaica
Japan
Jordan

Kazakhstan
Kenya
Kiribati
Korea, the Republic of
Kosovo, the Republic of
Kuwait
Kyrgyz Republic

Laos
Latvia
Lebanon
Lesotho
Liberia
Libya
Lithuania
Luxembourg

Macedonia
Madagascar
Malawi
Malaysia
Maldives
Mali
Marshall Islands
Mauritania
Mauritius
Mexico
FS Micronesia
Moldova
Mongolia
Montenegro
Morocco
Mozambique
Myanmar

Namibia
Nepal
Netherlands
Nicaragua
Niger
Nigeria
Norway

Oman

Pakistan
Palau
Panama
Papua New Guinea
Paraguay
Peru
The Philippines
Poland
Portugal.

Qatar

Republic of the Congo
Romania
Russian Federation
Rwanda

Samoa
Sao Tome and Principe
Senegal
Serbia
Seychelles
Sierra Leone
Singapore
Slovak Republic
Slovenia
Solomon Islands
Somalia
South Africa
Spain
Sri Lanka
St. Kitts and Nevis
St. Lucia
St. Vincent and Grenadines
Sudan
Suriname
Swaziland
Sweden
Switzerland
Syrian Arab Republic

Tajikistan
Tanzania
Thailand
East Timor (East Timor)
Togo
Tonga
Trinidad and Tobago
Tunisia
Turkey
Turkmenistan

Uganda
Ukraine
United Arab Emirates
The United States
Uruguay
Uzbekistan

Vanuatu
Venezuela
Vietnam

West Bank and Gaza

Yemen

Zambia
Zimbabwe.