DOCSLIB.ORG

World Bank Document

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
World Bank Document INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT INTERNATIONAL FINANCE CORPORATION INTERNATIONAL DEVELOPMENT ASSOCIATION Public Disclosure Authorized 1985 ANNUAL MEETINGS OF THE BOARDS OF GOVERNORS SUMMARY PROCEEDINGS Public Disclosure Authorized Public Disclosure Authorized Seoul, Republic of Korea October ~ll, 1985 Public Disclosure Authorized INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT INTERNATIONAL FINANCE CORPORATION INTERNATIONAL DEVELOPMENT ASSOCIATION 1985 ANNUAL MEETINGS OF THE BOARDS OF GOVERNORS SUMMARY PROCEEDINGS Seoul, Republic of Korea October 8-11, 1985 INTRODUCTORY NOTE The 1985 Annual Meeting of the Board of Governors of the International Bank for Reconstruction and Development, held jointly with that of the Inter­ national Monetary Fund. took place in Seoul. Republic of Korea, October 8- 11 (inclusive). The Honorable Mamoudou Toure. Governor of the Bank and Fund for Senegal, served as Chairman. The Annual Meetings of the Bank's affiliates. the International Finance Corporation (lFC) and the International Development Association (IDA), were held in conjunction with the Annual Meeting of the Bank. The Summary Proceedings record in alphabetical order of member countries, the texts of statements by Governors relating to the activities of the Bank. IFC and IDA. The texts of statements concerning the IMF are published separately by the Fund. T. T. THAHANE Vice President and Secretarv The World Bank Washington. D.C. lanuary. 1986 III CONTENTS Page Opening Remarks by Chun 000 Hwan President of the Republic of Korea Opening Address by the Chairman Mamoudou Toure Governor of the Bank and Fund for Senegal ...................... 5 Annual Address by A. W. Clausen President of the World Bank ....................................... 16 Report by Ghulam Ishag Khan Chairman of the Development Committee ......................... 37 Statements by Governors and Alternate Governors ........................ 41 Page Page * Algeria ...................... 41 Lesotho ..................... 134 Australia .................... 43 Luxembourg ................ 137 Austria ...................... 48 Malaysia ................... 140 Bangladesh .................. 50 Malta ....................... 142 Belgium ..................... 54 Nepal ....................... 146 *Brazil ....................... 56 Netherlands ................. 149 Bolivia ...................... 59 New Zealand ............... 154 Canada ...................... 63 Pakistan .................... 157 China ........................ 67 Papua New Guinea ......... 161 *Denmark .................... 68 Paraguay ................... 163 Egypt ........................ 70 Peru ........................ 166 Fiji .......................... 74 St. Christopher and Nevis .. 176 France ....................... 77 *Solomon Islands ............ 182 Germany .................... 80 South Africa . .. 184 Greece ....................... 85 Spain ....................... 187 Hungary ..................... 87 Sri Lanka ................... 191 India ........................ 91 *Sweden ..................... 194 Indonesia .................... 93 Thailand .................... 197 Iran, I.R. of ................. 99 Tonga ...................... 199 Ireland ...................... 105 United Kingdom ............ 200 Israel ....................... 108 United States ............... 205 Italy ........................ III *Venezuela .................. 214 *Jamaica ..................... 118 Western Samoa ............. 217 Japan ....................... 121 Yugoslavia ................. 218 Korea ...................... 130 *Zaire ....................... 219 Lao People's Democratic Republic ................ 132 * Speaking on behalf of 1I RrouP oj countries v Page Concluding Remarks by Mr. Clausen ...................................... 226 Concluding Remarks by the Chairman, Mamoudou Toure ................. 229 Remarks by Ramiro Zambrano Cardenas, Temporary Alternate Governor of the Fund for Colombia .......... 231 Documents of the Boards of Governors .................................... 233 Schedule of Meetings ................................................... 233 Provisions Relating to the Conduct of the Meetings ..................... 234 Agendas ................................................................. 235 Joint Procedures Committee ............................................... 236 Report I ................................................................. 237 Report III ............................................................... 239 Resolutions Adopted by the Board of Governors of the Bank Between the 1984 and 1985 Annual Meetings ...................... 240 No. 402 ..... Direct Remuneration of Executive Directors and their Alternates ........................................ 240 No. 403 ..... Membership of the Kingdom of Tonga .................... 240 Resolutions Adopted by the Board of Governors of the Bank at the 1985 Annual Meeting ........................................ 243 No. 404 ..... Financial Statements, Accountants' Report and Administrative Budget. .................................... 243 No. 405 ..... Allocation of Net Income ................................. 243 No. 406 ..... Multilateral Investment Guarantee Agency ................ 244 No. 407 ..... Resolution of Appreciation ................................ 245 Resolutions Adopted by the Board of Governors of IFC Between the 1984 and 1985 Annual Meetings ...................... 246 No. 145 ..... Membership of the Hungarian People's Republic .......... 246 No. 146 ..... Membership of the Kingdom of Tonga .................... 247 Resolutions Adopted by the Board of Governors of IFC at the 1985 Annual Meeting ........................................ 249 No. 147 ..... Financial Statements, Accountants' Report and Administrative Budget. .................................... 249 No. 148 ..... Resolution of Appreciation ................................ 249 VI Page Resolutions Adopted by the Board of Governors of IDA Between the 1984 and 1985 Annual Meetings ..................... , 250 No. 135 ..... Membership of the Hungarian People's Republic .......... 250 No. 136 ..... Membership of the Kingdom of Tonga .................... 251 Resolutions Adopted by the Board of Governors of IDA at the 1985 Annual Meeting ....................................... , 254 No. 137 ..... Financial Statements, Accountants' Report and Administrative Budget. .................................... 254 No. 138 ..... Resolution of Appreciation ................................ 254 Reports of the Executive Directors of the Bank ........................... , 255 Allocation of Net Income ............................................... 255 Convention Establishing the Multilateral Investment Guarantee Agency ................................................. , 256 Report of the Chairman of the Development Committee .................. , 260 Annual Report of the Development Committee ............................ 261 Accredited Members of Delegations at 1985 Annual Meetings ........... , 274 Observer at 1985 Annual Meetings ........................................ 292 Representatives of International Organizations ............................ , 293 Executive Directors, Alternates and Advisors ............................. , 294 Officers of the Boards of Governors and Joint Procedures Committee for 1985-86 ............................................. 295 Reference List of Principal Topics Discussed .............................. 296 vii OPENING REMARKS BY H. E. CHUN DOO HWAN PRESIDENT OF THE REPUBLIC OF KOREA It is a great pleasure today to witness the opening of the joint Annual Meetings of The World Bank and the International Monetary Fund here in Seoul. On behalf of the Korean people, and in the name of the Government of the Republic of Korea, I extend my sincere welcome to all of you who have come from afar to visit our country. First of all, I wish to praise the historic achievements of the two institutions in re-establishing anew an economic order out of chaos that prevailed after World War II. We should all appreciate the work of economic reconstruction to which the Bank and the Fund made an indispensable contribution. In particular, I have the greatest respect for the individual countries that cooperated closely with the two institutions to overcome the difficult challenges of the postwar era. The Korean people feel that there is a special significance to your fortieth joint meetings of the Bank and the Fund, because it has been during these forty years that Korea has managed to raise itself from one of the world's most underprivileged and disadvantaged countries to one of the world's most promising and developing. These were difficult strides, but we are grateful that the efforts proved to be worthwhile. Now it is my wish, indeed my duty, to express Korea's deep gratitude to your two institutions for the assistance, support, and encouragement which my nation received in the course of its development. And I want to avail myself of this solemn occasion to pledge Korea's firm commitment to fulfill its responsibilities as a member of your organizations. We all live today in a global community of interdependent nations. Increased interaction and specialization have made international cooperation imperative. No nation can manage its economy successfully without taking into account its economic relations with other countries. Today, a nation by itself can achieve neither security nor prosperity, unless its policies are geared to the common well-being of all nations.
Load more

Recommended publications
  • Companion Guide
    worldbank.org/meetings AMWeb Companion Guide 2019AMs AMWeb Companion On-Site Edition.indd 1 10/10/2019 12:39:02 PM WELCOME WELCOME to the 2019 Annual Meetings of the World Bank Group and the International Monetary Fund. This booklet is a complement to the Annual Meetings website, AMWeb, your one-stop shop for all Meetings-related information. Here is how to make the most of your week: Stay Updated. Visit the Annual Meetings website, AMWeb, on your laptop or mo- bile device to get up-to-date information, including much of what you find in this booklet. Network. AMWeb features a Participants List by category. Refer to venue maps to help navigate between meetings. AMWeb will link event sessions to maps showing their location within each building on campus. Take part in events planned throughout the week. Refer to the digital signage displays in every building for details on what’s happening each day. The World Bank Group is committed to providing access to events and support- ing participants with disabilities. Reasonable accommodations will be provided during open public events. Please contact [email protected] to request disability accommodations. In line with our organizational mission and the Sustainable Development Goals, the World Bank has implemented a campus-wide waste disposal system to improve recycling and composting efforts and reduce waste sent to landfill. We encourage you to help reduce our overall environmental footprint. Plan ahead. Security screening lines move quickly but please allow extra time for this process when plannig to attend a scheduled meeting. Continue the conversation. Follow @worldbank on our social media channels.
    [Show full text]
  • TRADE in CRITICAL COVID-19 PRODUCTS 1 Alvaro Espitia, Nadia Rocha, Michele Ruta2 March 27, 2020
    Trade and COVID-19 Guidance Note TRADE IN CRITICAL COVID-19 PRODUCTS 1 Alvaro Espitia, Nadia Rocha, Michele Ruta2 March 27, 2020 Public Disclosure Authorized The covid-19 pandemic is increasingly a concern for developing countries. Using a new database on trade in covid-19 relevant products, this paper looks at the role of trade policy to address the looming health crisis in developing countries with highest numbers of recorded cases. It shows that export restrictions by leading producers could cause significant disruption in supplies and contribute to price increases. Tariffs and other restrictions to imports further impair the flow of critical products to developing countries. While covid-19 is most virulent today in Europe and North America, many developing countries are experiencing increasing numbers of cases. The Economist warned that the pandemic could have devastating effects on developing countries. As the health crisis unfolds, some have argued that trade and trade policy can be part of the solution or part of the problem (Baldwin and Tomiura, 2020; Bown, 2020; Gonzalez, 2020; Evenett, 2020: Mattoo and Ruta, 2020; Posen, 2020). Based on a new database on covid-19 trade flows and policies (Espitia, Rocha, Ruta, 2020), we document how uncooperative trade policies can lead to shortages of critical medical supplies and higher prices in the 20 developing countries most hit by the crisis so far.3 Public Disclosure Authorized Developing countries depend on imports for critical covid-19 products The World Health Organization Covid-19 Disease Community Package (DCP) contains 17 products that are considered key to deal with the current crisis.
    [Show full text]
  • Memo to the President of the World Bank
    MEMORANDUM ON INTERNATIONAL POLICY ADVICE FOR THE WORLD BANK To: The President of the World Bank From: Pinelopi (Penny) Koujianou Goldberg November 2020 Background: The World Bank has always been a complex institution trying to balance the Pinelopi (Penny) diverse needs and priorities of its member countries and its shareholders. As the last quarter Koujianou Goldberg, nonresident senior of 2020 approaches, the World Bank faces global challenges (pandemic, increasing poverty, fellow at the Peterson climate change) amidst a gradually deglobalizing world. Tensions between two of its major Institute for International Economics, is the Elihu shareholders, the United States and China, have cast doubt on the future of global trade and Professor of Economics multilateral cooperation. The runup to the 2020 US presidential election has added to this at Yale University. She uncertainty, though regardless of the outcome, there does appear to be bipartisan support was chief economist of the World Bank Group for turning inward, cutting ties to China, and reshoring economic activities. between November 2018 and March 2020. The current policy environment in combination with the pandemic—and against the backdrop of rising automation—makes it unlikely that policymakers can rely on the export-led model of growth and development that many international institutions have advocated in the past. The increasing use of robots makes developing countries’ traditional comparative advantage in low-skilled manufacturing less relevant, while newly imposed protectionist measures in high-income countries may discourage imports from low-wage countries in the future. With trade and immigration tensions rising, cooperation among member countries and shareholders will become more difficult, making effective decisions even more arduous.
    [Show full text]
  • The-World-Bank-Annual-Report-2018.Pdf
    World Bank Annual Report 2018 The World Bank comprises the International Bank for Reconstruction Contents and Development (IBRD) and the International Development Associ- Financial Statements incorporated by reference. The Management’s Discussion and 2 Introduction Analysis and Audited Financial Statements of IBRD and IDA (“Financial Statements”) ation (IDA). The organization’s mission is to end extreme poverty and shall be deemed to be incorporated in and to form part of this Annual Report. The boost shared prosperity in a sustainable way. 3 Message from the President Financial Statements may be access at http://www.worldbank.org/financialresults. Poverty Ending 10 Message from the Executive Directors Public Disclosure Authorized Additional IBRD and IDA financial, lending, and organizational information is avail- In recent years, the World Bank has supported 13 Message from the CEO of IBRD and IDA able on the World Bank Annual Report 2018 website: http://www.worldbank .org/annualreport. clients in reaching the following results: 15 Supporting Clients in Priority Areas For more information on the World Bank or its publicly-available data and 34 Innovative Finance for Development Solutions knowledge resources, visit online: 37 Promoting Development through Research, Analysis, and Data • Finances One: https://financesapp.worldbank.org/ • Corporate Scorecard: http://scorecard.worldbank.org 3.5 million hectares 40 Mobilizing Partnerships in a New Development Landscape • World Bank Open Data: http://data.worldbank.org of land provided with irrigation services • Open Knowledge Repository: http://openknowledge.worldbank.org 45 Regional Perspectives • World Bank Corporate Responsibility: http://www.worldbank.org/corporateresponsibility 2018 Annual Report Bank World • World Bank Access to Information: http://www.worldbank.org/en/access-to-information 70 Strengthening Operations, Policies, and Processes 76,120 kilometers 73 Maintaining a Socially and Environmentally Responsible Institution roads constructed or rehabilitated Production credits.
    [Show full text]
  • the Wto, Imf and World Bank
    ISSN: 1726-9466 13 F ULFILLING THE MARRAKESH MANDATE ON COHERENCE: ISBN: 978-92-870-3443-4 TEN YEARS OF COOPERATION BETWEEN THE WTO, IMF AND WORLD BANK by MARC AUBOIN Printed by the WTO Secretariat - 6006.07 DISCUSSION PAPER NO 13 Fulfi lling the Marrakesh Mandate on Coherence: Ten Years of Cooperation between the WTO, IMF and World Bank by Marc Auboin Counsellor, Trade and Finance and Trade Facilitation Division World Trade Organization Geneva, Switzerland Disclaimer and citation guideline Discussion Papers are presented by the authors in their personal capacity and opinions expressed in these papers should be attributed to the authors. They are not meant to represent the positions or opinions of the WTO Secretariat or of its Members and are without prejudice to Members’ rights and obligations under the WTO. Any errors or omissions are the responsibility of the authors. Any citation of this paper should ascribe authorship to staff of the WTO Secretariat and not to the WTO. This paper is only available in English – Price CHF 20.- To order, please contact: WTO Publications Centre William Rappard 154 rue de Lausanne CH-1211 Geneva Switzerland Tel: (41 22) 739 52 08 Fax: (41 22) 739 57 92 Website: www.wto.org E-mail: [email protected] ISSN 1726-9466 ISBN: 978-92-870-3443-4 Printed by the WTO Secretariat IX-2007 Keywords: coherence, cooperation in global economic policy making, economic policy coordination, cooperation between international organizations. © World Trade Organization, 2007. Reproduction of material contained in this document may be made only with written permission of the WTO Publications Manager.
    [Show full text]
  • An Overview of the World Bank Group Strategy an Overview of the World Bank Group Strategy
    A STRONGER, CONNECTED, SOLUTIONS WORLD BANK GROUP An Overview of the World Bank Group Strategy An Overview of the World Bank Group Strategy The World Bank Group (WBG) has developed a new Strategy focusing on the ambitious goals of ending extreme poverty and promoting shared prosperity. It is committed to helping countries reach these goals in a sustainable manner. The new Strategy is the first encompassing all four principal agencies working together as One World Bank Group: the International Bank for Reconstruction and Development (IBRD), the International Development Association (IDA), the International Finance Corporation (IFC), and the Multilateral Investment Guarantee Agency (MIGA). The Strategy lays out how the World Bank Group will reposition itself, based on a value proposition to best serve the development community in pursuit of the two goals. The WBG will focus on customized development solutions and align all its activities with the two goals; work more in partnership with others, including the private sector; and significantly increase collaboration across its agencies. Implementation of the Strategy will require organizational change and a new framework for medium-term financial sustainability to ensure that the World Bank Group’s resources are commensurate with its responsibilities on behalf of the international community. Once translated into action, the Strategy will reinforce the WBG’s role as the world’s unique global development institution that helps affect transformational change for the nearly 4 billion people still living in or close to the edge of extreme poverty. This overview was created from the official World Bank Group Strategy, available for download at the World Bank Group website.
    [Show full text]
  • Do Deep Trade Agreements Boost Vertical FDI?
    Do Deep Trade Agreements Boost Vertical FDI? Downloaded from https://academic.oup.com/wber/article-abstract/30/Supplement_1/S119/2897423 by Joint Bank-Fund Library user on 08 August 2019 Alberto Osnago, Nadia Rocha, and Michele Ruta Public Disclosure Authorized An increasing number of preferential trade agreements (PTAs) and the rise of offshore production are distinctive features of the modern world economy. Exploiting the WTO database on the content of deep trade agreements, we build on the existing liter- ature to investigate whether deep trade agreements between countries are related to vertical foreign direct investment (FDI). Specifically, we show that deeper trade agree- ments increase vertical FDI measured with a proxy constructed in Osnago, Rocha and Ruta (2015) with data on foreign firm ownership and subsidiaries’ revenues available in the ORBIS database. JEL codes: F13, F23 How are preferential trade agreements (PTAs) and global value chains (GVCs) related? Two recent features of the world economy brought this question to the Public Disclosure Authorized forefront of trade research and of the trade policy debate. First, during the recent decades, technological innovation in communication and transportation enabled the unbundling of stages of production processes across time and space leading to an increase in offshoring. Second, starting at the end of the 1990s, more and more countries signed bilateral and regional PTAs. The answer to this broad question can actually be less straightforward than one could think. Both offshoring and trade agreements present two distinct fea- tures. Offshoring can be done in two modes: outside or within the boundaries of the firm. When firms outsource the production of some stages outside their boundaries, that is, when firms engage in foreign outsourcing, they generate arm’s length trade.
    [Show full text]
  • New Wave of Reforms: Outsourcing, Learning in Progress IACA 33Rd Annual Conference Austin, Texas, May 23-27, 2010
    New Wave of Reforms: Outsourcing, Learning in Progress IACA 33rd Annual Conference Austin, Texas, May 23-27, 2010 Dobromir Christow, World Bank Group Advisory Services [email protected] May 2010, Austin, TEXAS New Wave of Reforms: Outsourcing Generic Reasons for Outsourcing in Biz Registration Relevant expertise not available in-house Lack of funds for development plans (India and Gibraltar) Combination of both Cost savings is rarely the reason, but expected on a long run Many countries have outsourced some aspect of business registration, particularly development and operation of computer systems, but there are some that have gone further - Gibraltar has outsourced its whole registration system, including core functions. 2 World Bank Group Survey: Outsourced Functions by Biz Registries 53 registries provided information 50% of the countries outsource functions to the private sector 75% with outsourcing to other parts of government No outsourcing Outsourcing to private sector Outsourcing to public sector Outsourcing to both public and private sectors 3 Functions outsourced by the registries in the 53 countries, ICT functions outsourced Of the 53 biz registries: 40 outsource some function 29 outsource functions to the private sector 22 outsource functions to other parts of government 11 outsource functions to both public and private sectors Mostly ICT- related functions: systems development, computer operations, web site management: 36 outsource systems development 25 outsource computer operations 26 outsource web site management 4 Non-ICT functions outsourced by the registries Other outsourced functions: 14 registries outsource receipt and examination of documents – 5 registries outsource to the private sector and 9 to government 17 registries outsource issue of certificates and provision of company information – 8 registries to the private sector and 9 to government 17 registries outsource handling of enquiries (in person, by telephone or in writing) – 6 registries to the private sector and 13 to government, including some that use both.
    [Show full text]
  • Global Economic Prospects, June 2021
    30th A World Bank Group anniversary Flagship Report edition JUNE 2021 Global Economic Prospects Global Economic Prospects JUNE 2021 Global Economic Prospects © 2021 International Bank for Reconstruction and Development / The World Bank 1818 H Street NW, Washington, DC 20433 Telephone: 202-473-1000; Internet: www.worldbank.org Some rights reserved 1 2 3 4 24 23 22 21 This work is a product of the staff of The World Bank with external contributions. The findings, interpretations, and conclusions expressed in this work do not necessarily reflect the views of The World Bank, its Board of Executive Directors, or the governments they represent. The World Bank does not guarantee the accuracy, completeness, or currency of the data included in this work and does not assume responsibility for any errors, omissions, or discrepancies in the information, or liability with respect to the use of or failure to use the information, methods, processes, or conclusions set forth. The boundaries, colors, denominations, and other information shown on any map in this work do not imply any judgment on the part of The World Bank concerning the legal status of any territory or the endorsement or acceptance of such boundaries. Nothing herein shall constitute or be construed or considered to be a limitation upon or waiver of the privileges and immunities of The World Bank, all of which are specifically reserved. Rights and Permissions This work is available under the Creative Commons Attribution 3.0 IGO license (CC BY 3.0 IGO) http://creativecommons.org/licenses/by/3.0/igo. Under the Creative Commons Attribution license, you are free to copy, distribute, transmit, and adapt this work, including for commercial purposes, under the following conditions: Attribution —Please cite the work as follows: World Bank.
    [Show full text]
  • World Bank Document
    Trade & Development QQuuaarrtteerrllyy FROM THE POVERTY REDUCTION AND ECONOMIC MANAGEMENT NETWORK (PREM) 18th edition April 2009 Highlights of the Quarter Toolkits Public Disclosure Authorized Launch of the Trade Clusters for Competitiveness: A Practical Guide and Facilitation Facility (TFF), April Policy Implications for Developing Cluster Initiatives – 7 Lusaka – The World Bank Disseminated at a recent training event on March 19, this Group launched a US$40 million handbook offers a practical approach for using a cluster- based approach for export competitiveness in developing multi-donor trust fund over four years to help countries improve countries. Not meant to be prescriptive, it outlines 10 their competitiveness and useful tools for development of cluster competitiveness reduce trade costs through and discusses the overall life cycle of such initiatives. (More information at www.worldbank.org/competitiveness) measures including improving infrastructure, transport logistics and customs procedures. The TFF will complement ongoing WBG support for trade- Global Antidumping Database – It is a publicly and freely led economic growth in low income countries and will available database on different national governments’ use of antidumping trade policy instrument, as well as WTO focus on implementation and projects based on analytical work that already exists. (More information at members’ use of safeguard measures. The data collection www.worldbank.org/tradefacilitation) was funded by the World Bank and Brandeis University. Detailed data on antidumping investigations will be World Bank April 2009 Global Economic Prospects available in early summer 2009. (More information at Public Disclosure Authorized forecast a contraction of the world trade volumes of 6 http://go.worldbank.org/2H0S8ARJ40,http://people.brandeis.edu/~cbow percent in 2009.
    [Show full text]
  • Advancing Digital Financial Inclusion in ASEAN
    Public Disclosure Authorized Advancing Digital Financial Inclusion in ASEAN Public Disclosure Authorized Policy and Regulatory Enablers Public Disclosure Authorized Public Disclosure Authorized The Advancing Digital Financial Inclusion in ASEAN report was written on the initiative of the ASEAN Working Committee on Financial Inclusion (WC-FINC) in collaboration with the World Bank Group. The ASEAN WC-FINC has the responsibility to deliberately and effectively coordinate initiatives to advance financial inclusion in ASEAN countries through close collaboration with relevant Working Committees and Working Groups. The World Bank Group Global Knowledge and Research Hub in Malaysia focuses on sharing Malaysia’s people-centered development expertise and creating new innovative policy research on local, regional, and global issues. It is centered on support for Malaysia’s vision to join the ranks of high-income economies by 2020 through inclusive and sustainable growth and to share its lessons with developing countries. The Hub also carries out cutting- edge development policy research in partnership with local and international research institutions. www.worldbank.org/en/country/malaysia/brief/ global-knowledge-and-research-hub Advancing Digital Financial Inclusion in ASEAN Policy and Regulatory Enablers Acknowledgments The “Advancing Digital Financial Inclusion in ASEAN” report was written on the initiative of the ASEAN Working Committee on Financial Inclusion (WC-FINC). This report is the product of a collaboration between the Association of
    [Show full text]
  • The World Bank: a Bank Or a Think Tank, Or Both? Honors Research Thesis Presented in Partial Fulfillment of the Requirements
    The World Bank: A Bank or a Think Tank, or Both? Honors Research Thesis Presented in partial fulfillment of the requirements for graduation with honors research distinction in International Studies in the undergraduate colleges of The Ohio State University by Alicia Anzivine The Ohio State University June 2011 Project Advisor: Professor Edward Malecki, Department of Geography Anzivine 2 Abstract James McGann, Director of the Think Tanks and Civil Societies Program at the Foreign Policy Research Institute, defines think tanks as “public policy research, analysis, and engagement institutions.” Until recently, McGann did not consider the World Bank a think tank because of its relationship with rich governments. In 2009, McGann ranked the World Bank Institute, a division within the Bank, among the top think tanks worldwide. McGann does not consider other research branches of the World Bank think tanks. However, the Development Economics Vice Presidency, known as DEC, is the central research arm of the Bank and exemplifies all think tank characteristics. My research examines the degree to which the World Bank acts as a think tank on global issues. The research methodology is historical and archival, drawing on documentation on the World Bank’s website as well as published. It synthesizes reviews and critiques from inside and outside the Bank about the purpose, methods, and impact of World Bank research, including the World Development Reports and thousands of other World Bank publications. Finally, interviews of former and current World Bank employees provide additional evidence. Overall, after analyzing the different departments within the Bank and their research, it is evident that the World Bank goes beyond McGann’s definition.
    [Show full text]