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World Bank in Croatia & Career Opportunities. THE WORLD BANK GROUP 2/13/20142 The World Bank International Bank for Reconstruction and Development established.

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Presentation on theme: "World Bank in Croatia & Career Opportunities. THE WORLD BANK GROUP 2/13/20142 The World Bank International Bank for Reconstruction and Development established."— Presentation transcript:

1 World Bank in Croatia & Career Opportunities

2 THE WORLD BANK GROUP 2/13/20142 The World Bank International Bank for Reconstruction and Development established July 1944, Bretton Woods. International Bank for Reconstruction and Development established July 1944, Bretton Woods. Mission? To rebuild Europe and Japan after World War II. Mission? To rebuild Europe and Japan after World War II.

3 THE WORLD BANK GROUP Where Does the Bank Work Today? These are the regions of the world where we work

4 THE WORLD BANK GROUP Millennium Development Goals Goal 1: Wipe out extreme poverty and hunger Goal 2: Get all children a primary school education Goal 3: Help women get equal rights and empower them. Goal 4: Reduce death rate of young children Goal 5: Improve the health of mothers Goal 6: Combat HIV/AIDS, malaria, and other diseases Goal 7: Help countries protect their environments. Goal 8: Promote a global partnership for development

5 THE WORLD BANK GROUP World Banks Focus of Work Human Development Health, Nutrition, & Population Education Social Protection Sustainable Development Agriculture & Rural Development Environment Social Development Energy & Mining Water & Sanitation Transport Urban Development Poverty Reduction & Economic Management Poverty Reduction Economic Policy Public Sector Governance Gender & Development Finance & Private Sector Development Financial Sector Private Sector Development IFC

6 THE WORLD BANK GROUP Banks Agencies

7 THE WORLD BANK GROUP World Bank Role in Croatia World Bank Role in Croatia Assist Croatia to prepare for successful membership in the European Union Assist Croatia to prepare for successful membership in the European Union Assist Croatia in achieving faster economic convergence with EU Assist Croatia in achieving faster economic convergence with EU Improving the quality of life Improving the quality of life Increasing the sustainability of long-term development Increasing the sustainability of long-term development

8 THE WORLD BANK GROUP World Bank in Croatia World Bank in Croatia Loans and Grants to date Total lending around US$3 billion in 46 operationsTotal lending around US$3 billion in 46 operations 52 grants amounting to US$70 million.52 grants amounting to US$70 million.

9 THE WORLD BANK GROUP (in million USD)

10 THE WORLD BANK GROUP Portfolio of Croatia (US$M) – February 21, 2011 Project Loan Amount Board approval Effective Closing date 1Rijeka Gateway /08/200310/10/200309/30/2012 2Social Welfare Develop /14/200501/30/200603/31/2011 3Science and Technology38.707/07/200505/11/200605/31/2011 4Education Sector Develop /15/200503/15/200609/30/2011 5Agricultural Acquis Cohes /16/200611/21/200602/28/2012 6Trade and Transp. Integr /14/200603/20/200712/31/2011 7Inland Waters /30/200701/29/200812/31/2012 8Revenue Admin. Mod /28/200712/21/200706/30/2013 Agricultural Pollution (GEF)5.012/06/200707/31/200807/31/2012 9Reg. Neretva & Treb. (GEF)2.005/29/200803/06/200912/31/ Develop. of EMS & Invest /30/200801/15/200906/30/ Rijeka Gateway II /11/200807/14/200912/15/ Coastal Cities II87.512/11/200806/04/200909/30/2014 Coastal Cities (GEF)6.412/11/ Export Finance Intermediat /04/200911/25/200908/31/ Justice Sector Support36.304/06/201007/12/201006/30/ EU Natura 2000 Integration28.802/10/201104/30/2016 Total1,

11 THE WORLD BANK GROUP World Bank in Croatia World Bank in Croatia Analytical and Advisory Services Institutional Support/Technical Assistance: Justice Sector Public Expenditure & Institutional Review (ongoing) Croatia Science, Technology and Innovation Policy TA (ongoing) Counter-Cyclical Innovation Policies TA (ongoing) Higher Education TA (forthcoming) TA for Public Administration Reform Support (2009) TA for Institutional Framework and Fiscal Risk Assessment for Public Private Partnerships (2009) Assessment of Croatias Markets in Financial Instruments (MiFID) Directive Implementation (2011) Economic and Sector Work: Public Sector Policy Notes – Reform Support on labor market, pension reform options and poverty (ongoing) Governance Reforms in Support of Competitiveness and Growth (ongoing) Social Impact of the Crisis and Building Resilience (with UNDP) (2010) Croatia Supplement to Regular Economic Report (three times a year) Policy Note on Fiscal Responsibility Framework (2010) Diagnostic Review of Consumer protection and Financial Literacy (2010) EU Convergence Report (2009) Public Finance Review (2008) Regional work including Croatia: Railway Reform in South East Europe and Turkey (ongoing) The Jobs Crisis: Household and Government Responses to the Great Recession in Eastern Europe and Central Asia (2010) Regional Study on Performance Based Budgeting with Croatia case study (2010) Solid Waste Management in Bulgaria, Croatia, Poland, and Romania: A cross-country analysis of sector challenges towards EU harmonization (2010)

12 Career the World Bank

13 THE WORLD BANK GROUP WBG staffing About 14,000 staff based in Washington and country offices About 14,000 staff based in Washington and country offices 160 nationalities 160 nationalities 140 languages 140 languages IBRD is biggest part of the WBG with about 10,000 staff IBRD is biggest part of the WBG with about 10,000 staff

14 THE WORLD BANK GROUP Croats in the WBG 37 Croatian nationals are employed by the WBG 37 Croatian nationals are employed by the WBG 27 are based in Croatia 27 are based in Croatia 10 are based in Washington and work for various units (from East Asia and Africa Region to External Communications and IFC) 10 are based in Washington and work for various units (from East Asia and Africa Region to External Communications and IFC)

15 THE WORLD BANK GROUP Internship Program Internship Program Junior Professional Associates (JPA) Junior Professional Associates (JPA) Young Professionals Program (YPP) Young Professionals Program (YPP) Career Opportunities

16 THE WORLD BANK GROUP Internship Program Main goal of the Internship Program is to offer successful candidates an opportunity to improve their skills as well as the experience of working in an international environment and to teach them about the World Banks business in the development world Main goal of the Internship Program is to offer successful candidates an opportunity to improve their skills as well as the experience of working in an international environment and to teach them about the World Banks business in the development world Eligibility Requirements Must have completed Bachelors degree Must have completed Bachelors degree Be enrolled in graduate school as a full-time student Be enrolled in graduate school as a full-time student Be fluent in English Be fluent in English Paid Internship Paid Internship Length of Assignment: 2 weeks to 3 months Length of Assignment: 2 weeks to 3 months Winter (December-March) and Summer (June-September) Winter (December-March) and Summer (June-September)

17 THE WORLD BANK GROUP Junior Professional Associates Main goal is to offer the students with Bachelors degree or higher but with no or limited working experience, a learning opportunity. It provides the World Bank with strong research and analytical skills.Main goal is to offer the students with Bachelors degree or higher but with no or limited working experience, a learning opportunity. It provides the World Bank with strong research and analytical skills. Eligibility Requirements Must have completed Bachelors Degree or higher Must have completed Bachelors Degree or higher Be 28 years of age or younger Be 28 years of age or younger Be fluent in English Be fluent in English 2 year paid assignment 2 year paid assignment Year round selection process Year round selection process The JPA employment category is not an entry point for a career in the World Bank and employment beyond the initial two-year contract will be prohibited for a period of two years after the end of the contract The JPA employment category is not an entry point for a career in the World Bank and employment beyond the initial two-year contract will be prohibited for a period of two years after the end of the contract Some alumni may rejoin the organization later in their careers Some alumni may rejoin the organization later in their careers

18 THE WORLD BANK GROUP Y oung Professionals Program Main goal is to identify young talents with potential for leadership and managerial positions at the World Bank Main goal is to identify young talents with potential for leadership and managerial positions at the World Bank Eligibility Requirements Be 32 years of age or younger Be 32 years of age or younger Must have completed Graduate Degree (Master Degree or equivalent) Must have completed Graduate Degree (Master Degree or equivalent) Degree must be relevant to World Bank Activities (i.e. economics, finance, education, public health, social sciences, engineering, urban planning, and natural resource management) Degree must be relevant to World Bank Activities (i.e. economics, finance, education, public health, social sciences, engineering, urban planning, and natural resource management) Be fluent in English and one other WB language (Arabic, Chinese, French, Portuguese, Russian, and/or Spanish) Be fluent in English and one other WB language (Arabic, Chinese, French, Portuguese, Russian, and/or Spanish) Minimum 3 years of relevant professional experience or continued academic study at the doctoral level Minimum 3 years of relevant professional experience or continued academic study at the doctoral level Passion, commitment, & experience in international development Passion, commitment, & experience in international development Have basic knowledge of micro & macro economics Have basic knowledge of micro & macro economics Highly competitive recruitment process Highly competitive recruitment process months as Young Professional before regular position in the WB months as Young Professional before regular position in the WB 2 rotational assignments in different units/ country office of developing country 2 rotational assignments in different units/ country office of developing country 2-3 trips to developing countries during each assignment 2-3 trips to developing countries during each assignment

19 THE WORLD BANK GROUP Application Process (All Programs) Bank Internship Program: Bank Internship Program: Applications are accepted December 1 - January 31 for the Summer Session/September 1 – October 31 for the Winter Session Junior Professional Associates: Junior Professional Associates: Applications are accepted throughout the year Young Professionals Program: Young Professionals Program: Applications are accepted from May 1 through June 30 annually – long and competitive selection process (candidates start in September of next year) To apply and get more details please visit our website at:

20 THE WORLD BANK GROUP What is the WB Scholarship Program? The objective of the Scholarship and Fellowship Programs is to help create an international community of highly-trained professionals working in the field of economic and social development.

21 THE WORLD BANK GROUP WB scholarship programs: The Joint Japan/World Bank Graduate Scholarship Program (JJ/WBGSP) 11 Partnership Programs The Robert S. McNamara Fellowships Program (RSM Fellowships)

22 THE WORLD BANK GROUP JJ/WBGSP, the Regular Program 24th year 24th year 61,319 applicants, 3,412 scholarships 61,319 applicants, 3,412 scholarships source of funding: Government of Japan source of funding: Government of Japan individuals from WB member countries to undertake studies at universities renowned for their development research and teaching (except in their own country) individuals from WB member countries to undertake studies at universities renowned for their development research and teaching (except in their own country) open to the universities all over the world open to the universities all over the world preference to fields of study related to Millennium Development Goals– economics, agriculture, women studies, child care etc. preference to fields of study related to Millennium Development Goals– economics, agriculture, women studies, child care etc. maximum duration 2 years maximum duration 2 years yearly maximum grant amount US$ 35,000 yearly maximum grant amount US$ 35,000

23 THE WORLD BANK GROUP JJ/WBGSP Regular program 11 Partnership Programs with universities around the world (e.g. Columbia, McGill, Yokohama, Tsukuba, Keio, Harvard, University of London) 11 Partnership Programs with universities around the world (e.g. Columbia, McGill, Yokohama, Tsukuba, Keio, Harvard, University of London) from 5 to 15 students per program per year from 5 to 15 students per program per year

24 THE WORLD BANK GROUP Who can apply? a national of a World Bank member country eligible to borrow. a national of a World Bank member country eligible to borrow.World Bank member country eligible to borrowWorld Bank member country eligible to borrow Applicants born after March 31, Applicants born after March 31, Have, at least 2 years of recent full time professional experience acquired after a university degree, in developing country Have, at least 2 years of recent full time professional experience acquired after a university degree, in developing country Hold a bachelor's degree or its equivalent. Hold a bachelor's degree or its equivalent. Not be a permanent resident or a national of any industrialized country. Not be a permanent resident or a national of any industrialized country. Not be residing in an industrialized country for more than one year. Not be residing in an industrialized country for more than one year. Executive Directors, their alternates, staff of the World Bank Group, consultants, and relatives of the aforementioned are excluded from consideration. Executive Directors, their alternates, staff of the World Bank Group, consultants, and relatives of the aforementioned are excluded from consideration.

25 THE WORLD BANK GROUP JJ/WBGSP demographic breakdown: Africa: 63.62% Africa: 63.62% South Asia: % South Asia: % The Middle East and North Africa: 2.78% The Middle East and North Africa: 2.78% Europe and Central Asia (ECA): 2,19 % - smallest portion of applicants Europe and Central Asia (ECA): 2,19 % - smallest portion of applicants 62.5% of scholarship recipients studied in Europe 62.5% of scholarship recipients studied in Europe

26 THE WORLD BANK GROUP Robert S. McNamara Fellowships Program Robert S. McNamara Fellowships Program support to young researchers working in academic and research institutions from eligible countries preparing a doctoral thesis support to young researchers working in academic and research institutions from eligible countries preparing a doctoral thesis grants cover residence costs for a 5 to 10 month period in a renowned university or research center grants cover residence costs for a 5 to 10 month period in a renowned university or research center should be accepted or invited by a host institution should be accepted or invited by a host institution fellows are expected to advance their research work: fellows are expected to advance their research work: by using the facilities and resources provided by the host institution by interacting with peers The maximum amount of the grant is US$ 25,000. The maximum amount of the grant is US$ 25,000.

27 THE WORLD BANK GROUP Who Can Apply? lecturers and researchers from eligible countries working on their doctoral thesis lecturers and researchers from eligible countries working on their doctoral thesis should be under 45 should be under 45 should have completed any course work or exams required for their doctoral program should have completed any course work or exams required for their doctoral program research in economics, health, education, agriculture, environment, natural resource management, or other development related subject research in economics, health, education, agriculture, environment, natural resource management, or other development related subject

28 THE WORLD BANK GROUP To apply and get more details please visit our websites at:


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