Adjustment lending, 35, 36 (table)

Africa region

capacity-building efforts in, 77 change initiatives by the World Bank, 15, 15 (box), 29 economic performance in 1995, 71 Global Coalition for Africa, 77 lending to, in fiscal 1996, 75 (table) nongovernmental organization (NGO) collaboration, 74­75 participatory initiatives in, 74­75 portfolio performance in, 76 poverty-reduction in, 71­72 private sector development support, 73­74 projects approved, fiscal 1996, 78­79 (table) Special Initiative for Africa, 72­73 Special Program of Assistance (SPA), 40, 72 United Nations Economic Commission for Africa collaboration, 73 water-management partnership, 80 (box)
Algeria, Social Safety Net Support Project, 122

Annual Bank Conference on Development Economics, 154

Armenia, Social Investment Fund Project, 105

Bangladesh

Coastal Embankment Rehabilitation Project, 92­93 Nonformal Education Project, 93­94

Bosnia and Herzegovina

World Bank initiative for, 14 World Bank strategy toward, 100­101 (box)

Change management

initiatives undertaken by the World Bank, 15 (box), 15­16 in the Africa region, 15, 29 in the East Asia and Pacific region, 16, 29, 89 in the South Asia region, 16, 29 in the Europe and Central Asia region, 16, 29 in the Latin America and the Caribbean region, 16, 29, 115 (box) in the Middle East and North Africa region, 16, 29 support from the Quality Assurance Group, 16, 29

China, Labor Market Development Project, 88

Cofinancing

Consultant Trust Funds program, 41 Policy and Human Resources Development (PHRD) Fund, 41 Special Program of Assistance (SPA), 40 volume, fiscal 1996, 38, 39 (table) World Bank relations with export-credit agencies and the Berne Union, 40

Consultative Group for Caribbean Economic Development. See Latin America and the Caribbean

Consultative Group on International Agricultural Research

(CGIAR), activities in fiscal 1996, 60­61

Consultative Group to Assist the Poorest (CGAP), 65­66

Country-assistance strategies

Europe and Central Asia region, 102­103 focus on meeting client needs, 28 role in poverty reduction, 48 upgrading of, 15

Debt-reduction Facility for ida-only Countries, 22, 42

Development Committee, Task Force on Multilateral Development Banks, 26

Development effectiveness initiatives, 14­16, 15 (box), 28­30

Disbursements. See International Bank for Reconstruction and Development; International Development Association; World Bank

Disbursements, by source of supply, 37­38, 37 (table), 38 (table)

Early child development. See Human-capital development

East Asia and Pacific region

capital flows to, 82 change management innovations mainstreamed, 89 economic performance in 1995, 82 infrastructure activities by the World Bank, 86, 88 lending to, in fiscal 1996, 83 (table) Pacific islands' challenges, 85 portfolio-management activities, 89 poverty-reduction in, 82, 86 projects approved, fiscal 1996, 87 (table) social insurance system support, 88 support for market-oriented institutions, 88 trade growth in, 83­84 World Bank operations in, 85­88

Economic Development Institute (EDI),

activities in fiscal 1996, 151­53 collaboration with the Joint Vienna Institute, 152 promoting decentralized water management, 58­59 scholarship and fellowship programs, 152­53 transition-issues seminars, 105

Education. See Human-capital development

Environment

Global Environment Facility (GEF), 56 Global Water Partnership, 59 sustainable transport policies, 58 Third Annual Environmentally Sustainable Development Conference, 59 World Bank lending for, 55 World Bank partnerships with nongovernmental organizations, 57 World Bank staff training in, 59

Europe and Central Asia region

economic performance in 1995, 98 lending to, in fiscal 1996, 99 (table) market-institutions support, 103­105 nongovernmental organization (NGO) collaboration, 105 portfolio-management of Bank-supported projects, 100­103 poverty-reduction efforts in, 105­107 projects approved, fiscal 1996, 106­107 (table) public sector rationalization in, 107­108 unemployment in, 98 World Bank support for agriculture and environmental rehabilitation, 108­109 World Bank support for privatization and financial sector development, 103­105

Executive directors

Audit Committee, 26, 27 Budget Committee, 26 Committee on Development Effectiveness, 26­27, 28, 33 poverty-reduction initiatives, 26 Personnel Committee, 26 role in shaping World Bank policy, 25­26 travel to developing member countries, 25

Foreign direct investment, flows to South Asia, 90

Foreign Investment Advisory Service. See Private sector development

Global Coalition for Africa. See Africa

Global Environment Facility.See Environment

Global Water Partnership. See Environment

Guarantee program, 37, 63­64

Heavily indebted poor countries

World Bank initiatives to help, 17, 20

Human-capital development

Early child development programs, 47, 53 education strategies, 52­53 gender issues mainstreamed, 50 labor-market issues, 52 Latin America and the Caribbean, issues in, 112­14 nongovernmental organization (NGO) involvement in, 50, 51 (box) participation in World Bank activities by stakeholders, poverty-reduction activities by the World Bank, 48 population concerns, 53­54 Program of Targeted Interventions, 49, 49 (table), 127­50 World Bank lending patterns for, 47 World Bank staff training in, 54

India

Orissa Water Resources Consolidation Project, 95­96 Second State Health Systems Development Project, 96

InfoDev (Information for Development) program, 21 (box), 68

Inspection Panel, activities in fiscal 1996, 42­45

Institutional Development Fund See Technical assistance

Inter-American Development Bank,

cofinancing with the World Bank, 39, 118 project collaboration with, 118

International Bank for Reconstruction and Development (ibrd)

assistance to the poorest countries, 20 (figure) borrowings in fiscal 1996, 22 (table), 23, 161, 162 (table), 163 (table), 162­64 commitments in fiscal 1996, 22 (table), 35, 35 (table) currency-pool loans, review of, 159­60 disbursements, 22 (table), 160 capital subscriptions to, 164 lending rate in fiscal 1996, 160 liquid-assets management, 161 loans in nonaccrual status, 161 membership, 23 net income, 22 (table), 23, 159 provisioning for possible loan losses, 160 reserves, 164 single-currency loan program, review of, 159

International Centre for Settlement of Investment Disputes

(ICSID), activities in fiscal 1996, 158

International Development Association (IDA)

assistance to the poorest countries, 20 (figure) commitment authority in fiscal 1996, 164­66 commitments in fiscal 1996, 21, 22 (table), 35, 35 (table), 166 disbursements in fiscal 1996, 22 (table), 37 eleventh replenishment (ida-11) agreement, 17, 18 (table) Interim Trust Fund, 17, 19 (table) membership, 23 review of the fiscal 1994­95 program, 164 (box)

International Finance Corporation (ifc)

activities in fiscal 1996, 61, 156­57 membership, 157

Japan

cofinancing of World Bank projects, 39 scholarship and fellowship programs, 152­53 Policy and Human Resource Development (PHRD) Fund, 41

Joint Vienna Institute. See Economic Development Institute

Jordan, lending program in, 122

Labor-market issues. See Human-capital development

Latin America and the Caribbean region

banking system weakness, 110­11 change management begun in, 115 (box) cofinancing in, 118 collaboration with the Inter-American Development Bank, 118 Consultative Group for Caribbean Economic Development, 119 economic performance in 1995, 110 economic and sector work (esw), 118­19 human-resource development in, 112­14 lending to, in fiscal 1996, 113 (table) lessons from the Mexican crisis, 111 nonlending services to, 124­25 partnerships for development in, 126 peso crisis (containment of), 110 portfolio-management activities in, 125­26 poverty-reduction in, 112, 118­19 projects approved, fiscal 1996, 116­17 (table) savings rates in, 111 trade liberalization in, 111 World Bank operations, 114­15, 118

Lebanon, Emergency Reconstruction and Rehabilitation Project, 123

Mali, Pilot Participation Project, 74

Middle East and North Africa region

economic performance in 1995, 120 Euro-Mediterranean Partnership and Economic Area, 120 human-development support in, 122­23 lending to, in fiscal 1996, 121 (table) portfolio-management activities in, 125­26 World Bank operations, fiscal 1996, 120­24, 125 (table)

Morocco

Emergency Drought Recovery Project, 123 Social Priorities Program, 122

Multilateral Investment Guarantee Agency (MIGA)

activities in fiscal 1996, 61, 157­58 technical assistance activities, 157­58

Nepal, collaboration with nongovernmental organizations, 93

ngo-World Bank Committee, 51

Nongovernmental organizations. See World Bank

Operations evaluation

activities in fiscal 1996, 33­35 country focus increased, 32 dissemination and outreach, 34 executive board review, 34­35 review of experience with implementation completion reports, 32 improving the quality of new operations, 29 nonlending services, 33 process review of the annual report on portfolio performance, 31 review of performance of completed operations, 32

Pakistan

Balochistan Primary Education Project, 95 (box) Ghazi-Barotha Hydropower Project, 93

Participatory development

Africa region, initiatives in, 74­75

Inter-Agency Group on Participation, 51

participatory poverty assessment use increases, 51 projects approved in fiscal 1996 involving participants, 127­50 social assessments, 55 South Asia region, initiatives in 93­94 World Bank Participation Sourcebook, 50

Population, health, and nutrition. See Human-capital development

Portfolio management

annual report on portfolio performance, 31 initiatives by the Bank's regional offices for improvement, 30 in the Africa region, 76­77 in the East Asia and Pacific region, 89 in the South Asia region, 96 in the Europe and Central Asia region, 100­103 in the Latin America and the Caribbean region, 114 in the Middle East and North Africa region, 125­26 performance monitoring indicators, 31

Poverty assessments, 51, 105, 118­19

Poverty reduction

Africa region, initiatives in, 71­72 challenges to in Latin America and the Caribbean, 112 East Asia and Pacific, initiatives in 86 Europe and Central Asia, poverty-reduction work accelerated, 105­106 executive directors initiatives on, 26 program of targeted interventions (PTI), 49, 49 (table), 127­50 World Bank lending targeted toward the poor, 20 (figure), 22, 127­50

Private sector development

business environment-improvement assistance, 62 Business Partnership Center, 61­62 financial-sector assistance, 66­67 Foreign Investment Advisory Service (fias), 66, 74 guarantee program, 63­64 links with external partners, 68­69 microfinance programs supported, 65­66 private provision of infrastructure, 63, 64 (box) private sector assessments, 62 telecommunications reforms, 68­69 World Bank Group activities in support of, 61­69 World Bank support for in the Africa region, 73­74 World Bank support for in the East Asia and Pacific region, 88 World Bank support for in the South Asia region, 96 World Bank support for in the Europe and Central Asia region, 103­105, 108

Privatization

Bank Group assistance for in Europe and Central Asia, 103­105 Pakistan's program of, 63 (box)

Project Preparation Facility. See Technical assistance

Public Information Center, activities in fiscal 1996, 44 (figure), 45

Quality Assurance Group. See Change management

Research program of the World Bank, 153­55

Rural development and sustainable agriculture, 56

Russia

Coal Sector Adjustment Loan, 105 Financial Institutions Development Project, 101 Housing Project, 101

Single-currency loan program. See International Bank for Reconstruction and Development

South Asia

economic performance in 1995, 90 foreign investment in, 90 lending to, in fiscal 1996, 91 (table) nongovernmental organization (NGO) collaboration, 92­94 participatory activities in World Bank operations, 92­94 portfolio-management activities in, 96­97 poverty-reduction efforts in, 90 private-sector development activities, 96 projects approved, fiscal 1996, 94 (table) South Asia Association of Regional Cooperation, 90 women's status, 91

Special Program of Assistance (SPA).See Africa region; cofinancing

Tanzania, Human Resources Development Pilot Project, 74

Technical assistance

cooperation with the undp, 42 Institutional Development Fund, 42 performance indicators for technical assistance, 42 Project Preparation Facility, 42 World Bank activities in calendar 1995, 42

Trust funds. See Cofinancing

Turkey, Public Financial Management Project, 108

United Nations Conference on Women, 50, 82

United Nations Development Programme (undp), cooperation with the World Bank in technical assistance, 42

West Bank and Gaza, World Bank initiatives in, 14

World Bank

adjustment lending in fiscal 1996, 35, 36 (table) assistance to the poorest countries, 20 (figure) budget, 155 collaboration with nongovernmental organizations (ngos), 20­21, 51, 52 (box), 57, 74­75, 92­94, 105, 127­50 commitments in fiscal 1996, 21, 22 (table), 35, 35 (table) disbursements in fiscal 1996, 21­22, 22 (table), 37 commitments, disbursements, net transfers to Africa, 76 (table) commitments, disbursements, net transfers to East Asia and Pacific, 86 (table) commitments, disbursements, net transfers to South Asia, 93 (table) commitments, disbursements, net transfers to Europe and Central Asia, 103 (table) commitments, disbursements, net transfers to Latin America and the Caribbean, 114 (table) commitments, disbursements, net transfers to Middle East and North Africa, 124 (table) headquarters construction, 156 heavily indebted poor countries (hipcs) and the Bank, 17, 20 personnel, 156 redundancy program, 156 staff training, 29, 155

Yemen, Transport Rehabilitation Project, 123

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