Some Aspects of the World Bank Convention on the Settlement of Investment Disputes

Author(s):  
Nigel S. Rodley

The executive directors of the International Bank for Reconstruction and Development (IBRD), having formulated a Convention on the Settlement of Investment Disputes between States and Nationals of Other States, approved on March 18, 1965 the submission of the text of the Convention to member governments of the Bank. This action represents a milestone in the efforts of several international organizations to achieve some sort of harmony in an area of international economic development where there has been manifest disunity. The arbitration of private investment disputes has strong legal and political undertones, for it is set against a background of friction between capital-exporting countries that always seek to protect the interests of their nationals abroad, and capital-importing countries that normally recognize a need for foreign private capital to bolster their economic development, yet are wary of allowing external mechanisms to encroach on their sovereign jurisdiction within their own territory.

Author(s):  
Alexey Carvalho

The purpose of this paper is to bring to reflection the main influences of globalization in Brazilian higher education has occurred in the last two decades. A critical analysis of the relevant literature was made, addressing the main international organizations such as the World Bank (WB) and the Organization for Economic Cooperation and Development (OECD), as well as its main guidelines for the education. Among the aspects analyzed, it is possible to verify a convergence of the guidelines of these organizations about the importance of Higher Education for economic development and the need to link the use of public resources to quality.


1999 ◽  
Vol 4 (1) ◽  
pp. 89-114
Author(s):  
Sikander Rahim

International economic policy is now more under the sway of orthodox economics than it has ever been. The main international economic institutions, the IMF, the World Bank, the WTO, and the major developed economies are unremitting advocates of free trade and impose their views on the developing countries. And the developing countries, whose attempts at economic development through protection have mostly failed, are on the whole inclined to accept these views. Over the last twenty years economic policy in these countries has more and more come to be formulated by orthodox neo-classical economists, often described in the press as “reformers”, who advocate more reliance on markets and less protection against imports.


Author(s):  
Natalia Tretyak ◽  
Olga Kalenska

The article investigates the world experience of public-private partnership in the economic activity of different countries. Different models and forms of contracts of public-private partnership are covered. The link between public-private partnership projects with the country and area of application is noted. The models of public-private partnership proposed by the World Bank for attracting private capital are covered. The main directions of realization of world forms of public-private partnership for Ukraine are proposed for the effective provision of sustainable spatial development, their further adaptation to the realities of our time.


2021 ◽  
pp. 223386592110248
Author(s):  
Yooneui Kim ◽  
Youngwan Kim

Are international organizations autonomous actors in global politics? This paper investigates whether and how major powers influence the World Bank’s official development assistance policies. Despite the World Bank’s attempts to maintain independence from its member states, we argue that major powers are still influential. Testing this expectation with the data of official development assistance provisions between 1981 and 2017, we find that the World Bank provides a higher amount of official development assistance to the recipient countries that receive a higher amount of such assistance from the major powers such as the United States, the United Kingdom, France, Germany and Japan. In addition, the World Bank is prone to provide a higher amount of official development assistance to the recipients that have a similar preference to the major powers. This study sheds light on the relations between major powers and international organizations.


2005 ◽  
Vol 18 (4) ◽  
pp. 717-745 ◽  
Author(s):  
THOMAS POGGE

Various human rights are widely recognized in codified and customary international law. These human rights promise all human beings protection against specific severe harms that might be inflicted on them domestically or by foreigners. Yet international law also establishes and maintains institutional structures that greatly contribute to violations of these human rights: fundamental components of international law systematically obstruct the aspirations of poor populations for democratic self-government, civil rights, and minimal economic sufficiency. And central international organizations, such as the WTO, the IMF, and the World Bank, are designed so that they systematically contribute to the persistence of severe poverty.


Author(s):  
Olga Pryazhnikova ◽  

The World Bank has made an important contribution to shaping the global agenda for reducing poverty, increasing prosperity and promoting sustainable development. The review examines the main milestones in changes of the World Bank’s activities in the field of social development. The evolution of the organization’s approaches to solving the problem of poverty reduction as one of the key obstacles to socio-economic development is outlined.


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