Career in International Organization World Bank Shaohua Chen

Career in International Organization: World Bank Shaohua Chen and Qinghua Zhao Development Research Department The World Bank

International organizations • • • Mostly established after WWII Specialized in certain field: WHO, FAO, ILO Leadership arrangement Staffing: internationally recruited Widely use consultants and contractors Staff entitle to “diplomatic passport” but not diplomat. • Special tax treaty for people working in international organization

World Bank Group (WBG) • the International Bank for Reconstruction and Development (IBRD) 1944 • the International Finance Corporation (IFC) 1956 • the International Development Association (IDA) 1960 • the Multilateral Investment Guarantee Agency (MEGA) 1960 s • the International Centre for Settlement of Investment Disputes (ICSID) 1960 s

World Bank Group (WBG) • WB mission “A world free of poverty” • 189 member countries • Funding of WB come from contribution of member country • Wide coverage of projects • World bank history • http: //www. worldbank. org http: //www. shihang. org

What the World Bank do • The World Bank Group works in every major area of development, provide a wide array of financial products and technical assistance, and help countries share and apply innovative knowledge and solutions to the challenges they face

Three priorities • Guide the work with countries to end poverty and boost prosperity for the poorest people; • Helping create sustainable economic growth, the surest path out of poverty. Investing in people, through access to health care, education, water and sanitation, and energy; • Building resilience to shocks and threats that can roll back decades of progress.

Development Projects • Since 1947, the World Bank has funded over 12, 000 development projects, via traditional loans, interest-free credits, and grants. • IBRD provides financial development and policy financing • IDA provides aid via trust funds and grants • IFC mobilizes private sector investment and provides advice • MIGA provides political risk insurance (guarantees) • ICSID settles investment disputes

Management hierarchy • • • Board of directors (by member country) President Senior management VP level branches Director Team leader Professional staff Consultant Support staff

Professions of WB staff • Wide range of professions • In operation : economist, investment officer, accountant, engineer, city planner, hydropower specialist, environment specialist, procurement specialist… • In GSD: accounts, lawyers, IT specialist… • In research: economist, data scientist, GIS specialist…

WB staff - Regular staff • • • Core of WB activity Internationally and locally recruited Open ended and termed Lifetime medical insurance Pension

WB staff - Consultant • Major work force in WB, some are high level • Type of consultant, ST, LT, ETC • Evolution of consultancy • Conversion of consultancy to regular position • Medical insurance is provided • World Bank's Job listing

WB staff -Young Professional • World Bank’s 黄浦军校 • Most of mid level leadership come from YP program • Mostly come from the top Ivy League schools • Applicant must be no more than 32 years of age • Very difficult to get in • Fluent in English and fully proficiency in one of WB’s working languages (AR, Fr, Ch, Ru, Pt) • young-professionals-program

WB staff - Intern • World bank Internship • Providing graduate students practical experience in global development. • Summer Internship (June–September) The application period: December 1–January 31 • Winter Internship (December–March) The application period: October 1– 31. • All applications MUST be submitted online. Applications submitted after the deadline will not be considered.

WB staff - Misc. • Contractor – Not directly hired by WGB but by its contracting company – Some are offshore • Country office local recruitment – Considered to be same as in HQ – Salary may differ

China and The World Bank - history • When it was shaped: April 1980 at a meeting between Deng Xiaoping and Mc. Namara • Deng: China has embarked on a program of modernization and opening up. It is likely to succeed with or without the WB’s assistance, but success may come quicker with the help. • China has been the Bank’s largest client: – $40 billion for >280 investment projects – Highest success rate – Wide range of studies, technical assistant and training activities

China and The World Bank • China is placing an increasing emphasis on balanced growth with better social and environmental results • Bank is seeking more innovative ways, such as those for: – – – Energy efficiency More balanced urbanization Public finance for rural development Land administration reform Improved public service delivery and environmental management

Chinese staff in WB • Percentage too low comparing to China’s voting power • Mostly younger staff • VIPs of Chinese staff – Senior management – VP level – Director • Many successful Chinese staff went back to China and had great career

Chinese staff in WB

Recruitment Drive for Chinese Nationals • Encourage potential candidates to apply to the vacancies listed on the website. • Deadline to submit applications is May 5 th, 2017. To see more details on the mission and vacancies, Visit the Recruitment Drive for Chinese nationals • Vacancies on following fields: Global Practices: Water Global Practices: Transport & ICT Global Practices: Finance & Markets International Finance Corporation WBG Corporate Functions

Preparation for international job • Languages: English, French, Spanish, Arabic and etc. • Professional skill: analytical skill, compute skill and thorough knowledge on your field • Self motivation, passion and devotion • Communication skill, team work and client communication

Resources: Data and Research • Data and research help us understand these challenges and set priorities, share knowledge of what works, and measure progress. – Open Data – By Country – By Indicator – Research & Publications

WB publications on China

Other opportunities • International Atlantic Economic Society best article award • List of Career Opportunities in International Organization • FAO internship program • ILO

Appendix: International competition hosted by AEJ To encourage undergraduate interest in economic issues, Barry Eichengreen, President, and Ann Harrison, Vice-President, of the International Atlantic Economic Society cordially invite students to compete in the IAES annual undergraduate paper competition in Montreal this October. The winner of the student competition will receive: • A $500 check; • A handsome commemorative plaque recognizing their accomplishment; and • Complimentary publication of the paper in the Atlantic Economic Journal. If you have any questions, feel free to contact: journals@iaes. org or Professor Gary E. Clayton, Best Undergraduate Paper Coordinator, Northern Kentucky University, E-mail: clayton@nku. edu, Phone: 859 -572 -6542.

Appendix -cont. : International competition hosted by AEJ To be considered for this competition, all entries must follow the guidelines below: 1. The paper must conform to AEJ manuscript style instructions, be 10 - 20 pages in length including tables, and be submitted in MS Word format. Papers not following these guidelines will be rejected. AEJ instructions can be found HERE. 2. Submit the paper to journals@iaes. org by June 15, 2017 with the subject line: "Best Undergraduate Paper Competition - Last Name of Student". Please send the paper in a Microsoft Word document. PDF files are NOT acceptable. Title page must include: (a) full name of student; (b) affiliation; (c) e-mail address; and (d) phone number. 3. Include an e-mail from the Department Chair certifying: (a) that the paper was written while the author was an undergraduate; (b) that the department will sponsor the student's hotel and travel if the student is selected as a finalist; and (c) that the paper has not been submitted for publication elsewhere. Regarding item 3 above, if the Department Chair is unable to sponsor student travel occurring after graduation, provide a separate letter from an alternative sponsor (Department Chair of the graduate program in which the student will be enrolled at the time of the conference or employer after graduation) specifying that the department or employer will sponsor the student's hotel and travel if the student is selected as a finalist. 4. Up to four finalists will be notified of their selection by August 25, 2017. Finalists will be required to make a formal presentation on Saturday afternoon, October 7, 2017 at the Montreal conference. Conference fees for all finalists will be waived. 5. Finalists will be judged on both presentation and content. A panel of judges will announce the winning paper after the presentations.