who pays for world bank employee benefits?

[Anonymous]

jsteele wrote:The World Bank is supported by contributions from member countries and the US is the largest donor.

Not true. At the last replenishment round the UK overtook the US to become the largest donor. In absolute terms. Despite a GDP much lower, and GDP per capita significantly lower, than the US.

http://web.worldbank.org/WBSITE/EXTERNAL/EXTABOUTUS/IDA/0,,contentMDK:21205385~menuPK:3414255~pagePK:51236175~piPK:437394~theSitePK:73154,00.html

[jsteele]

Anonymous wrote:

jsteele wrote:The World Bank is supported by contributions from member countries and the US is the largest donor.

Not true. At the last replenishment round the UK overtook the US to become the largest donor. In absolute terms. Despite a GDP much lower, and GDP per capita significantly lower, than the US.

http://web.worldbank.org/WBSITE/EXTERNAL/EXTABOUTUS/IDA/0,,contentMDK:21205385~menuPK:3414255~pagePK:51236175~piPK:437394~theSitePK:73154,00.html

Hey, cool. Learn something new every day. Can we be expecting a British bank president?

[Anonymous]

Anonymous wrote:

Anonymous wrote:There is an expectation in the Bank that 40 hours is a minimum guideline for how much you will work in a given week. This is the case even at the lowest grade levels.

This comes as a surprise only if you're French.

I wrote this. It was a lighthearted reference to the 35-hour work week. (Yes, I know it's been gutted but not eliminated altogether. Do we need to get into details?) I have nothing against the French, but the implication that highly paid Bank staff deserve everything they get because they work oh so hard got my goat.

[Anonymous]

jsteele wrote:

Anonymous wrote:

jsteele wrote:The World Bank is supported by contributions from member countries and the US is the largest donor.

Not true. At the last replenishment round the UK overtook the US to become the largest donor. In absolute terms. Despite a GDP much lower, and GDP per capita significantly lower, than the US.

http://web.worldbank.org/WBSITE/EXTERNAL/EXTABOUTUS/IDA/0,,contentMDK:21205385~menuPK:3414255~pagePK:51236175~piPK:437394~theSitePK:73154,00.html

Hey, cool. Learn something new every day. Can we be expecting a British bank president?

Well, there is at least one jowelly Scotsman who should be looking around for his next job....

[Anonymous]

Anonymous wrote:The World Bank's income is funded through its lending activities. It is an international organisation and therefore has to provide benefits sufficient to attract the best economists and other professionals from around the world. It isn't financed by the US taxpayer, though the US does provide a (relatively small) proportion of the grant and highly concessional loans the World Bank provides to its poorest members.

yeah, get the best economists to wreck the most havoc in the world. the world bank and the imf should be ashamed of themselves. I've worked there as a contractor. left disgusted by these institutions and the people who work there.