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Commercial Banking (5,780 Books)


A system of trading in money which involved safeguarding deposits and making funds available for borrowers, banking developed in the Middle Ages in response to the growing need for credit in commerce. The lending functions of banks were undertaken in England by money- lenders. Until their expulsion by Edward I in 1291, the most important money-lenders were Jews. They were replaced by Italian merchants who had papal dispensations to lend money at interest. In the 13th cent. credit was essential to finance commerce and major projects.

 
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The World Bank Annual Report 1998 : Europe and Central Asia

By: The World Bank

Economics

Fertility rates have plummeted from 2.2 per woman in 1980 to 1.6 in 2004, the lowest rate among developing regions, and just below the average rate in high income countries. More than 11 percent of the population exceeds 65 years of age, and only 20 percent is less than 14 years of age. Between1990 and 2004 average annual population growth was only 0.1 percent and is expected to remain the same over the next decade. As a result, several countries in the region -- Russia ...

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The World Bank Annual Report 1998 : Middle East and North Africa

By: The World Bank

Economics

GDP rose by nearly 6 percent in 2004, driven by the continuing increase in the price of oil. Since 2000 growth has averaged 3.8 percent, about the same rate of increase as in the 1980s and 1990s. Iran led the group with 6 percent growth over this period. Middle East and North African countries are slow to encourage business with regulatory reform Creating a good business environment is key to creating jobs, fi ghting poverty, and improving growth. Developing economies in...

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Infrastructure and the World Bank : A Progress Report

By: The World Bank

Economics

The needs for access to good quality, reliable and affordable infrastructure are universal in developing countries, yet the nature of the infrastructure ?gap? varies. In low income areas, there is a large demand for increased access to basic infrastructure services, but service quality and reliability are also essential to maintaining economic growth and competitiveness, and are of particular concern to middle income clients as well. In almost all countries, impediments ...

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International Monetary Fund and the World Bank Doha Development Ag...

By: The World Bank

Economics

While export subsidies are the smallest component of protection in dollar terms, they are highly distorting and the decision in the July Framework Agreement to eliminate them within an agreed timeframe as a part of the outcome of the Doha Round is welcome. The actual development impact of this decision will depend critically on the transition period for the elimination of the subsidies and other details still to be negotiated over the coming months. Issues of parallelism...

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World Bank Statement : Ministerial Segment - Cop11- Montreal

By: The World Bank

Economics

Today we live in a world with a global Gross Domestic Product (GDP) of around US$38 trillion, split 80:20 (80 percent of the global population receiving 20 percent of this global income and vice-versa) and with 2 billion people under the poverty line. If developing countries achieve the Millennium Development Goals by 2015 and if we assume that by the middle of the century, 2050, we would ?complete? the job of eliminating poverty as we know it and if we review the minimu...

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Organization Chart of the World Bank

By: The World Bank

Economics

ORGANIZATION CHART OF THE WORLD BANK...

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World Bank Group Strategic Framework

By: The World Bank

Economics

The international development goals. The centrality of the poverty challenge is reflected in the international development goals adopted by the international community.4 All seven of these goals address important dimensions of poverty. The first goal is to reduce by half the proportion of people living in absolute poverty (defined as living under $1 a day) between 1990 and 2015. The goals reflect the multidimensional nature of poverty and include targets for increasing s...

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World Bank Group Working for a World Free of Poverty

By: The World Bank

Economics

We are one of the world s largest sources of funding and knowledge for developing countries. Our main focus is on helping the poorest people and the poorest countries. We use our financial resources, staff and extensive experience to help developing countries reduce poverty, increase economic growth and improve their quality of life. Assessing the effect of projects we support is essential in developing countries. Resources are scarce so we must use them where they can h...

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World Bank Group Brief Sustainable Energy

By: The World Bank

Economics

Government policy making - Good governance in the energy sector is essential to protect the interests of consumers, owners, investors and workers. In the extractive petroleum sector, transparency in revenue management permits informed social dialogue, better planning and reduces risks of misappropriation of revenues. Governments achieve good governance through policy formation and execution such as setting fair conditions and rules for investors, administering price adju...

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Annual Conference of the Parliamentary Network on the World Bank (...

By: The World Bank

Economics

The annual conference of the Parliamentary Network on the World Bank, now in its sixth edition, brings together some 200 parliamentarians from around the world with representatives from the World Bank, the International Monetary Fund and other multilateral organizations, academia, civil society and the private sector. The objectives are to identify what parliamentarians can do to promote action on pressing development issues, and to help strengthen the accountability and...

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The World Bank Group 2005 Trust Funds Annual Report

By: The World Bank

Economics

In recent years the World Bank has taken on greatly expanded responsibilities as a manager of development finance, well beyond the resources provided through IBRD loans and IDA credits and grants. Donor partners have asked the Bank to manage their funds for a variety of purposes, in support of both country-level and global development initiatives. What began as a modest extension of the Bank?s lending role has evolved into a major responsibility of the Bank to its develo...

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The Imf, Oas and World Bank : A Walking Tour

By: The World Bank

Economics

With 35 member states, the OAS is the region?s premier political forum for multilateral dialogue and action. The Organization reflects the rich diversity of peoples and cultures across the Americas, joining forces to strengthen democracy, advance human rights, promote peace and security, expand trade and tackle complex problems caused by poverty, drugs, and corruption...

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Children and Youth : A Resource Guide for World Bank Staff

By: The World Bank

Economics

This report and the accompanying Children & Youth: A Framework for Action are the result of a collective effort of a multisectoral World Bank team coordinated by the Children and Youth Unit of the Human Development Network. The principal authors were Linda McGinnis, Viviana Mangiaterra, and Juan Felipe Sanchez. The report benefited immensely from the generous sectoral and regional contributions provided by Arvil Van Adams, Pedro Alba, Harold H. Alderman, Christine Alliso...

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The World Banks Global Hiv/Aids Program of Action

By: The World Bank

Economics

The world has been fighting the relentless march of HIV/AIDS for two decades now. While there have been significant victories in Brazil,Thailand, and Uganda in turning back the disease, it continues to infect more people every day, and further strain the ability of governments to care for, and treat, the millions already suffering from its debilitating effects.Today there are more than 40 million people worldwide living with HIV/AIDS. Over 15 million children?more than t...

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The World Bank ~ Global Hiv/Aids Program

By: The World Bank

Economics

Regional projects provide support across countries, facilitating cross-fertilization of ideas about what work best in monitoring HIV/AIDS prevention, care and treatment actions along the Abidjan-Lagos transport corridor (Benin, Cote d?Ivoire, Ghana, Nigeria, Togo); scaling up countries? capacity to implement treatment acceleration programs (Burkina Faso, Ghana, Mozambique); how to best manage the epidemic across four countries (Kazakhstan, Kyrgyzstan Uzbekistan and Tajik...

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Lao People's Democratic Republic and the World Bank Group

By: The World Bank

Economics

The Millennium Development Goals (MDGs) identify and quantify specific gains that can be made to improve the lives of the world?s poor by 2015. They were endorsed by 189 countries at the September 2000 United Nations Millennium General Assembly in New York. They provide a focus for the efforts of the all partners in the development community, including the World Bank. The MDGs grew out of the agreements and resolutions of world conferences organized by the United Nations...

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Eligibility of Expenditures in World Bank Financing

By: The World Bank

Economics

The World Bank is engaged in a broad effort to modernize and realign its operational policies and practices.1 Its aims are to help borrowers achieve the Millennium Development Goals and other development objectives, and to harmonize the Bank?s procedures with those of other donors to better support country capacity and reduce transaction costs. As part of this process, on April 13, 2004, Executive Directors approved changes to the policies that determine the expenditures...

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Update on the World Bank Response to the Tsunami Disaster

By: The World Bank

Economics

Results from the Bank?s Initial Response. Within the critical first 18 weeks following the disaster, the Bank successfully helped put in place a range of instruments?financing and technical assistance?in each of the affected countries to support rehabilitation and reconstruction of infrastructure and restoration of communities and livelihoods of tsunami disaster survivors. The Bank has reached out to other donors in a range of aid coordination efforts at the country leve...

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World Bank Annual Report 2003, Japan

By: The World Bank

Economics

The World Bank has long recognized that the development of human resources, and hence of institutions, is the most important factor in promoting sustainable economic development. The Joint Japan/World Bank Graduate Scholarship Program awards scholarships for graduate studies to well-qualified mid-career professionals, who are then expected to apply and to disseminate the newly acquired knowledge and skills in promoting the socio-economic development of their own and other developing countries...

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The Cba and World Bank Partner for 21 St Century Training

By: The World Bank

Economics

Beam us in Tamrat. Are you there? This is a site check. These words sound like the opening iines to the next generation of a Star Trek series. like Captain Kirk calling Stony to levitate him to the spaceship Enterprise. But it is not Star Trek. irs a video-conference. Thev ware the opening words spoken wwkiy from Washington to Ethiopia, and seven other s6s In Engish-speakinAgfr ica where 175work1ngjournailstms et by vidw-mnference between January and March for a series o...

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