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It was established in September 1993 by the World Bank Board of Directors, and started operations on August 1, 1994. The Panel provides a forum for people who believe that they may be adversely affected by Bank-financed operations to bring their concerns to the highest decision-making levels of the World Bank.
The World Bank Group (WBG) is a family of five international organizations that make leveraged loans to developing countries. It is the largest and best-known development bank in the world and an observer at the United Nations Development Group. [7] The bank is headquartered in Washington, D.C., in the United States.
The World Bank Administrative Tribunal was established in 1980, to decide on disputes between the World Bank Group and its staff where allegation of non-observance of contracts of employment or terms of appointment had not been honored. [20] McNamara was succeeded by U.S. President Jimmy Carter's nominee, Alden W. Clausen, in 1980.
Nordic Investment Bank (NIB) New Development Bank (NDB) Organization for Economic and Co-operation Development (OECD) OPEC Fund for International Development (OPEC Fund) Organization of Petroleum-Exporting Countries (OPEC) West African Development Bank (BOAD) World Bank Group. International Bank for Reconstruction and Development (IBRD)
The World Bank Group is the globe’s most prestigious development lender, bankrolling hundreds of government projects each year in pursuit of its high-minded mission: to combat the scourge of poverty by backing new transit systems, power plants, dams and other projects it believes will help boost the fortunes of poor people.
KNOMAD was announced by the World Bank on April 19, 2013. [ 3 ] [ 5 ] It entered a five-year implementation phase in May 2013. KNOMAD has collaborated with diverse organizations such as the Organisation for Economic Co-operation and Development ( Paris workshop, December 2013) [ 6 ] and the United Nations Development Programme (specifically ...
The World Bank Group is the globe's most prestigious development lender, bankrolling hundreds of government projects each year in pursuit of its high-minded mission: to combat the scourge of poverty by backing new transit systems, power plants, dams and other projects it believes will help boost the fortunes of poor people.
Dr. Shihata was known for his achievements as general counsel, and the numerous books and articles he authored on the World Bank, international law and international economics. They include The World Bank Legal Papers, The World Bank Inspection Panel: in practice, The MIGA and foreign investment, among others.