World Bank's Regional Strategy in Central and Eastern Europe
The World Bank in Central and Eastern Europe aims to eliminate poverty and enhance shared prosperity by focusing on sustainable growth, human capital, and resilience. Countries like Bulgaria, Croatia, Poland, and Romania benefit from a range of financial instruments and projects guided by Country Partnership Frameworks. The Bank's regional strategy emphasizes inclusive development, climate action, and global partnerships, particularly in Poland with objectives to foster income growth and promote global engagement.
- World Bank
- Central and Eastern Europe
- Poverty eradication
- Inclusive growth
- Country Partnership Framework
Download Presentation
Please find below an Image/Link to download the presentation.
The content on the website is provided AS IS for your information and personal use only. It may not be sold, licensed, or shared on other websites without obtaining consent from the author. Download presentation by click this link. If you encounter any issues during the download, it is possible that the publisher has removed the file from their server.
E N D
Presentation Transcript
World Bank in CEE Elena Petkova 76202 Yasen Andreev 76324
Table of contents: 1. World Bank 2. World Bank s regional strategy 3. World Bank in Poland 4. World Bank in Bulgaria
World Bank: International Bank for Reconstruction and Development (IBRD) International Development Association (IDA) International Finance Corporation (IFC) Multilateral Investment Guarantee Agency (MIGA) International Centre for Settlement of Investment Disputes (ICSID)
World Banks regional strategy Seeks to eliminate poverty and boost shared prosperity by supporting clients in three overall areas of focus: Sustainable and Inclusive Growth Human Capital Resilience The World Bank offers its clients in the EU two core products - finance and knowledge. Four countries currently benefit from the full portfolio of instruments, including lending and guarantees: Bulgaria, Croatia, Poland and Romania. Projects for each country are guided by a full strategy document called a Country Partnership Framework.
World Bank in Poland
Country Partnership Framework (CPF) for Poland 2014-2017 Objectives: To foster sustainable income growth for the bottom 40 percent of the population and to support Poland's emerging role as a global development partner. Areas of engagement: 1. Economic competitiveness 2. Equity and inclusion 3. Climate action 4. Establish Poland as a global development partner
Economics competitiveness Enhance business environment Increase innovativeness Effective public finance Equity and inclusion Inclusive and effective labor market Balanced regional development Reformed health care Climate change Enhancing sustainability Informed climate change policy Resource-efficient and safe infrastructure Poland as a global development partner Facilitating Poland's contribution to other countries' development agenda
IFC has three active projects in Poland in discount grocery retail and microfinance. The level commitments range between US$25- 50 million per year. MIGA amounts to US$ 2.9 million in two projects, both in support of foreign investment in the telecommunications sector. IBRD is managing a multi-year program aimed at strengthening accounting and auditing practices and the effective implementation of modem standards in this area. Financing is estimated at US$ 3.2 billion.
World Bank in Bulgaria
The Role of the World Bank $ 4 billion
GDP per capita Country Last Previous Highest Lowest Bulgaria 7929.49 Dec/16 7612 7929 3224 USD Yearly Poland 15048.98 Dec/16 14642 15049 5511 USD Yearly European Union 35632.22 Dec/16 35100 35632 10064 USD Yearly
GDP per capita PPP Country Last Previous Highest Lowest Bulgaria 17709.08 Dec/16 17000.07 8001.66 8001.66 USD Yearly Poland 26003.01 Dec/16 25299.05 26003.01 9521.78 USD Yearly European Union 36198.35 Dec/16 35631.01 36198.35 24874.28 USD Yearly
IBRD Contribution World Bank Engagement
Country Partnership Framework (CPF) for Bulgaria 2017-2022 Objectives: Strengthening institutions for sustainable growth Investing in people
Deposit Insurance Strengthening Project 2016-2018 Objective: Strengthen the financial and institutional capacity
Municipal Infrastructure Development 2009-2019 Objectives: Improve the reliability and quality of water provision Assist municipalities to improve investment-planning capacity
Social Sectors Institutional Reform Development Policy Loans -SIR DPL3 2009-2010
References: http://ec.europa.eu/eurostat/statistics- explained/index.php/File:Chart_Volume_indices_of_GDP_and_AIC_per_capita,_2016_(EU- 28%3D100).png http://web.worldbank.org/WBSITE/EXTERNAL/NEWS/0,,contentMDK:22535214~menuPK:6 4256345~pagePK:34370~piPK:34424~theSitePK:4607,00.html http://www.worldbank.org/en/country/bulgaria/overview#2 https://arinala.com/en/2016/05/28/world-bank-approves-partnerish-framework-for-2017- 2022-with-bulgaria/ http://www.worldbank.org/en/news/press-release/2016/03/18/bulgaria-deposit- insurance-strengthening-project http://documents.worldbank.org/curated/en/935371475100401289/pdf/000020051- 20140624185204.pdf http://documents.worldbank.org/curated/en/251171468006615482/pdf/470670PGD0ADD E101Official0Use0Only1.pdf http://www.worldbank.org/en/country/eu/overview#2 http://documents.worldbank.org/curated/en/948981468092358860/Poland-Country- partnership-strategy-CPS-for-the-period-FY14-17 https://tradingeconomics.com/poland/indicators https://ieconomics.com/euro-area-vs-poland-gdp-growth-rate# https://ieconomics.com/poland-gdp-per-capita-ppp