World Bank in Croatia
&
Career Opportunities
The World Bank


3/21/2016
International Bank
for Reconstruction
and Development
established
July 1944, Bretton
Woods.
Mission?
To rebuild Europe
and Japan after
World War II.
THE WORLD BANK GROUP
2
Where Does the Bank Work Today?
These are the regions of the world where we work
THE WORLD BANK GROUP
Millennium Development Goals
Goal 1: Wipe out extreme
Goal 2:
Goal 3:
Goal 4:
Goal 5:
Goal 6:
Goal 7:
Goal 8:
poverty and hunger
Get all children a
primary school
education
Help women get equal
rights and empower them.
Reduce death rate of young children
Improve the health of mothers
Combat HIV/AIDS, malaria, and other diseases
Help countries protect their environments.
Promote a global partnership for development
THE WORLD BANK GROUP
World Bank’s Focus of Work
Human
Development
Sustainable
Development
Agriculture & Rural
Development
Environment
Social Development
Energy & Mining
Health, Nutrition,
Water & Sanitation
& Population
Transport
Education
Social Protection Urban Development
Poverty Reduction Finance &
& Economic
Private Sector
Management
Development
Poverty Reduction
Economic Policy
Public Sector
Governance
Gender &
Development
THE WORLD BANK GROUP
Financial Sector
Private Sector
Development
IFC
Bank’s Agencies
World Bank Group
International Bank
for Reconstruction
and Development
1945
International
Development
Association
International
Finance
Corporation
Mutilateral
Investment
Guarantee Agency
1960
1956
1988
THE WORLD BANK GROUP
International Center
for the Settlement of
Investment Disputes
1966
World Bank Role in Croatia




Assist Croatia to prepare for successful
membership in the European Union
Assist Croatia in achieving faster economic
convergence with EU
Improving the quality of life
Increasing the sustainability of long-term
development
THE WORLD BANK GROUP
World Bank in Croatia
Loans and Grants to date
• Total lending around US$3 billion in 46 operations
• 52 grants amounting to US$70 million.
THE WORLD BANK GROUP
(in million USD)
THE WORLD BANK GROUP
Portfolio of Croatia (US$M) – February 21, 2011
Project
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
Rijeka Gateway
Social Welfare Develop.
Science and Technology
Education Sector Develop.
Agricultural Acquis Cohes.
Trade and Transp. Integr.
Inland Waters
Revenue Admin. Mod.
Agricultural Pollution (GEF)
Reg. Neretva & Treb. (GEF)
Develop. of EMS & Invest.
Rijeka Gateway II
Coastal Cities II
Coastal Cities (GEF)
Export Finance Intermediat.
Justice Sector Support
EU Natura 2000 Integration
Total
Loan
Amount
194.2
40.0
38.7
85.0
30.1
75.3
133.4
34.0
5.0
2.0
28.3
122.5
87.5
6.4
141.2
36.3
28.8
1,088.7
Board
approval
07/08/2003
06/14/2005
07/07/2005
09/15/2005
02/16/2006
11/14/2006
05/30/2007
06/28/2007
12/06/2007
05/29/2008
09/30/2008
12/11/2008
12/11/2008
12/11/2008
08/04/2009
04/06/2010
02/10/2011
-
THE WORLD BANK GROUP
Effective
10/10/2003
01/30/2006
05/11/2006
03/15/2006
11/21/2006
03/20/2007
01/29/2008
12/21/2007
07/31/2008
03/06/2009
01/15/2009
07/14/2009
06/04/2009
“ “
11/25/2009
07/12/2010
-
Closing
date
09/30/2012
03/31/2011
05/31/2011
09/30/2011
02/28/2012
12/31/2011
12/31/2012
06/30/2013
07/31/2012
12/31/2013
06/30/2013
12/15/2014
09/30/2014
“ “
08/31/2013
06/30/2015
04/30/2016
-
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 Croatia’s 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)
THE WORLD
BANK and
GROUP
 Solid Waste Management in Bulgaria, Croatia,
Poland,
Romania: A cross-country analysis of sector
challenges towards EU harmonization (2010)
Career Opportunities
@
the World Bank
WBG staffing
•
•
•
•
About 14,000 staff based in
Washington and country offices
160 nationalities
140 languages
IBRD is biggest part of the WBG with
about 10,000 staff
THE WORLD BANK GROUP
Croats in the WBG



37 Croatian nationals are employed
by the WBG
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)
THE WORLD BANK GROUP
Career Opportunities
• Internship Program
• Junior Professional Associates (JPA)
• Young Professionals Program (YPP)
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 Bank’s
business in the development world
Eligibility Requirements
 Must have completed Bachelors degree
 Be enrolled in graduate school as a full-time student
 Be fluent in English
 Paid Internship
 Length of Assignment: 2 weeks to 3 months
 Winter (December-March) and Summer (June-September)
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.
Eligibility Requirements
 Must have completed Bachelors Degree or higher
 Be 28 years of age or younger
 Be fluent in English
 2 year paid assignment
 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
 Some alumni may rejoin the organization later in their careers
THE WORLD BANK GROUP
Young Professionals Program
•
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
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)
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
Passion, commitment, & experience in international development
Have basic knowledge of micro & macro economics
Highly competitive recruitment process
12-18 months as Young Professional before regular position in the WB
2 rotational assignments in different units/ country office of developing country
2-3 trips to developing countries
during
THE WORLD
BANKeach
GROUP assignment
Application Process (All Programs)

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:
Applications are accepted throughout the year

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:
www.worldbank.org/careers
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.
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)
THE WORLD BANK GROUP
JJ/WBGSP, the Regular Program








24th year
61,319 applicants, 3,412 scholarships
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)
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.
maximum duration 2 years
yearly maximum grant amount US$ 35,000
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)
from 5 to 15 students per program per year
THE WORLD BANK GROUP
Who can apply?







a national of a World Bank member country eligible to borrow.
Applicants born after March 31, 1971.
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.
Not be a permanent resident or a national of any industrialized
country.
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.
THE WORLD BANK GROUP
JJ/WBGSP demographic breakdown:





Africa: 63.62%
South Asia: 11.96 %
The Middle East and North Africa: 2.78%
Europe and Central Asia (ECA): 2,19 % - smallest portion of
applicants
62.5% of scholarship recipients studied in Europe
THE WORLD BANK GROUP
Robert S. McNamara Fellowships Program





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
should be accepted or invited by a host institution
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 WORLD BANK GROUP
Who Can Apply?




lecturers and researchers from eligible countries working on their
doctoral thesis
should be under 45
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
THE WORLD BANK GROUP
To apply and get more details please visit our
websites at:
http://www.worldbank.org/
http://wbi.worldbank.org/wbi/scholarships/
http://www.worldbank.hr
vfrajtic@worldbank.org
THE WORLD BANK GROUP