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The World Bank annual report 1998 : Banco mundial informe anual 1998 (Spanish)

This Annual Report, covering July 1, 1997 to June 30, 1998, chronicles a year of further changes from last year -- the implementation of the Cost Effectiveness Review; further decentralization of decisionmaking powers to the field; a new budgeting and planning process for the first time linked to strategic objectives; and the introduction of a new human resources policy designed to end the traditional divisions between headquarters and local staff in the field and between regular and nonregular staff. The East Asian crisis has highlighted the fact that financial and social policy must go hand in hand. A new Special Financial Operations Unit has been set up to look at financial and social issues in crisis countries on an urgent basis. Work is also being expanded on long-range financial sector reform and focuses much more on social assessments. To promote equitable access to the benefits of development, the Bank must work with governments, civil society, and the private sector. This means a greater focus on country ownership and participation, a better appreciation of local conditions, and more attention to the role of culture.


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    World Bank Annual Report

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    Banco mundial informe anual 1998

  • Keywords

    quality at entry;fiscal;universal access to reproductive health services;Electric Power and Other Energy;Poverty Reduction & Economic Management;learning and innovation loan;infant and child mortality;comparative economic performance;water supply and sanitation;Primary and Secondary Education;traditional debt relief mechanism;Social Fund for Development;environment and sustainable development;Oil and Gas;Country Assistance Strategies;asian financial crisis;human resource policies;purpose financial statements;human resource policy;Oil & Gas;country assistance strategy;letter of transmittal;graphic design;universal primary education;selective capital increase;Board of Governors;civil society initiative;share of debt;income and expenditure;foreign direct investment;climate change research;fight against poverty;demand for product;knowledge and learning;knowledge management program;regional rural development;debt to export;education and health;net present value;statistics and information;indebted poor country;partial risk guarantee;debt decision;socially sustainable development;number of shares;Private Sector Growth;foreign capital flow;lending by region;



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The World Bank annual report 1998 : Banco mundial informe anual 1998 (Spanish). Washington, D.C. : World Bank Group.