World Bank (WB)

EENI- School of International Business

Subject: 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:
   1. Fund generation
   2. Loans
   3. Trust funds
   4. Grants
6. Doing Business with the World Bank (WB)
7. The World Bank projects
   1. Profiles
   2. Databases
   3. Projects Lifecycle (Identification, preparation, appraisal, approval, implementation, completion, and evaluation)
8. The International Bank for Reconstruction and Development
9. The International Development Association
10. The 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 the areas of cooperation of the World Bank
3. Analyse the loans of the World Bank
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 the projects of the World Bank

Sample of the subject - The World Bank:

Description of the Subject (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 the developing countries.

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

The International Bank for Reconstruction and Development

World Bank - Member States.

Afghanistan, Albania, Algeria, Angola, Antigua and Barbuda, Argentina, Armenia, Austria, Azerbaijan, Bahamas, Bahrain, Bangladesh, Barbados, Belarus, Belgium, Belize, Benin, Bhutan, Bolivia, Bosnia and Herzegovina, Botswana, Brazil, Bulgaria, Burkina Faso, Burundi, Cambodia, Cameroon, Canada, Cape Verde, Central African Republic, Chad, Chile, People's Republic of China, Colombia, The Comoros, Democratic Republic of the Congo, Republic of the Congo, Costa Rica, Ivory Coast, Croatia, The Czech Republic, 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, the Russian Federation, Rwanda, Samoa, Sao Tome and Principe, Senegal, Serbia, the 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.