Challenges
The Environmental Challenges
What is projects resulting in environmental impacts
What does TWB lend to other countries?
What is money
Over how many countries involved?
When was the World bank established
1944
What is the definition of globalization?
What is the connections and interdependence between countries and cultures
The Global Inequalities
What is policies making poor economic situations much worse
What 2 organizations did it split into?
What is IFC and IDA
What are the five major countries involved?
United States, Japan, Germany, United Kingdom, and France
When was the International Development Association established
1960
What is the definition of protectionism?
What is government policies that restrict international trade to help domestic industries
The Financial Debt
What is low income nations facing financial instability
What was the first country TWB lent money to?
What is France
Who have the ultimate-decision making power on key issues? (2)
Boards of Governors and Boards of Executive Directors (faces of their countries)
When did the International Finance Corporation become part of The World Bank
1988
What is FDI stand for and give an example
What is Foreign Direct Investment, example McDonalds
The Governing Influence
What is some nations having more influence in governing situations
Where was the first conference held?
What is New Hampshire, USA
The World Bank is largest in two sources, What are they? (hint: think back to the video)
Financing and Knowledge
When was the Strategic Compact funding approved
1997
Give 3 ways to go international
FDI, Importing/Exporting, Licensing, Strategic Alliance/Joint Venture
The Competition
What is new banks opening that could be better
What are the 5 main sectors they research?
What is health, education, environment, finance and law
What was one of the multi-donor trust funds Canada supports at the World Bank Group.
Blended Climate Finance Program
Global Financing Facility in Support of Every Woman/Every Child.
Afghanistan Reconstruction Trust Fund.
When did the World Bank Group propose an evolved road map of the groups goals
2023
List 5 out of 10 flatteners from Thomas Friedman's book "The World is Flat"
Collapse of Berlin Wall, Netscape, Workflow software, Outsourcing, Insourcing, Offshoring, Opensource, Supply Chaining, Informing, Steroids