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The World Bank in a Changing World: V. 2

Ibrahim F.I. Shihata

ISBN13: 9789041101150
ISBN: 9041101152
Published: July 1997
Publisher: Brill Academic Publishers
Format: Hardback
Price: £462.00



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This volume covers the various activities and roles performed by the World Bank and its affiliated agencies. It describes in detail how this group of institutions has emerged as a primary source of international public policy far beyond what was originally envisaged by the drafters of their Articles of Agreement. The author analyzes how the role of this important institution has evolved and articulates the innovative approaches it has followed in adapting its constituent agreement to the changing and growing needs of its members.;For the specialist in international law and international development, the book provides an expert analysis from the perspective of an insider who deals with legal and developmental issues on a daily basis. For the general public, it provides information about an institution that has not always been seen as open to outsiders.

Contents:
Introduction: The World Bank in the 1990s. Part I Essays.
1. Development policies and strategies - with emphasis on the World Bank Group.
2. The standard of value of the Bank's capital after the demise of the gold dollar.
3. Legal framework for development and the role of the World Bank in legal technical assistance.
4. Judicial reform in developing countries and the role of the World Bank.
5. The World Bank and the environment: Legal instruments for achieving environmental objectives.
6. The World Bank and non-governmental organizations.
7. The resolution establishing the World Bank Inspection Panel: Its drafting history and interpretation.
8. Institutional aspects of the financing and provision of infrastructure.
9. Legal aspects of the World Bank's assistance to the West Bank and the Gaza Strip.
10. New approaches to the legal treatment of entry of foreign investment.
11. ICSID's role in the resolution of investment disputes.
12. Applicable substantive law in disputes between states and private foreign parties: the case of arbitration under the ICSID Convention.
13. The settlement of disputes under oil and gas exploration and development agreements - the relevance of ICSID and the World Bank Group Guidelines. Part II Lectures.
14. Legal reform as a prerequisite for private sector development: the case of Egypt.
15. Privatization: some basic conclusions.
16. Civil service reform in developing countries.
17. Institutional aspects of the Bank's role with respect to the environment.
18. Human rights, development, and international financial institutions.
19. The World Bank and human rights.
20. Institutional aspects of the financing and provision of infrastructure.
21. The World Bank Group's new guidelines on the treatment of foreign direct investment.
22. Applicable law in international arbitration: specific aspects in case of the involvement of state parties. Appendices: I. The Bank's vision paper - Learning from the past, embracing the future; II. Investment guidelines; III. The inspection panel; IV. Disclosure of information; V. Legal aspects of the Bank's work.