Subject (Course): International Development Institutions and programs. Syllabus:
Subject Description (International Development Institutions and Programs).
The objectives of this subject are to:
In this subject; we will study the advantages and disadvantages of working in projects with funding from the main European and international institutions. We will analyse the business opportunities offered by these organisations.
Moreover, we will become acquainted with the websites of the different institutions and with the main bilateral agencies working with developing or transition countries.
Various financial and non-financial institutions have appeared in the last decades in the international community, with purposes varying from one another, but trying to promote economic and social development and fight poverty. These institutions can be classified into various types according to the nature of their key activities.
Sometimes these organisations are known as “multilateral financial institutions” (or “Multilateral Development Banks”), but formally this term refers to the Group of banks (the World Bank (WB), Asian Development Bank, the European Bank for Reconstruction and Development, etc.) of a multilateral structure, that is; they belong to a series of countries, which own their capital and enjoy the benefit of having some different instruments to promote development in the target region.
Sample of the subject - International Development Institutions and programs:
However, some international institution's tendering projects are not of a financial nature, but rather provide technical assistance, international trade-related or research activities.
Both the financial and the non-financial institutions are a major source of business and employment opportunities for companies, individual experts, and Non-Governmental Organisation.
Business Opportunities with International institutions represent approximately 60 billion dollars per year. Funds provided by the countries of the OECD (Organisation for Economic Cooperation and Development), whether disbursed as grants, loans or credits for emerging and developing countries are used for financing programs and projects, which contribute to the development and improvement of quality of life of beneficiary countries, these programs and projects, in turn, buy services and goods according to strict procedures, such as national or international tenders and calls for proposals.
The international institution's fund programs the following sectors:
- Rural development and agriculture
INTERNATIONAL FINANCIAL institutions.
The Bank works worldwide to fight poverty through five agencies or units, in virtually all countries of the World and all areas of development, with loans, other financial instruments, grants, technical assistance, research, and training.
This Bank works in the African countries and grants and loans mainly. It grants loans and delivers technical assistance to public borrowers, but can also lend to private companies or banks.
This Bank works in Pacific- Asian countries (it does not operate in the Middle Eastern countries that geographically belongs to the Asian Continent). Among its most active customers, we can find (according to some loans received): China, the Philippines, Indonesia, Thailand, and India.
The European Bank for Reconstruction and Development.
Created in 1990 to support the economic transition towards the market economy in the countries of Central and Eastern Europe and the former Soviet Union, with headquarters located in London. It focuses on both the private and public sector and works in infrastructure, energy, Small and Medium Enterprise, and promoting the market economy.
It is the main multilateral Bank channelling funds to Latin America and the Caribbean. The main activity of the Bank is granting loans for carrying out projects and technical assistance for reforming the Government structures; develop infrastructure, and social development.
The European Union PROGRAMS:
The EUROPEAN UNION EXTERNAL AID programs (EUROPEAID):
OTHER INTERNATIONAL DEVELOPMENT INSTITUTIONS