金融英语解析课件

TheWorldBankGroup

2014

FinancialEnglishChapter3PreparedbyShen

Xiaotao,SWUN

LearningObjectivesBytheendofthischapter,youshouldbeabletoknowabout:

★membership;

★organizationalstructure;★fiveagencies;

★functions★oppositionStructure

I.Introduction

II.Membership

III.ThePartsThatMakeUptheWhole

IV.AdaptingtotheTimesV.Opposition

VI.ConclusionI.Introduction--WhenwastheWorldBankGroupestablished?--WhatisthepurposeoftheWorldBank?--WhatisthedifferencebetweentheWorldBankandtheIMF?

IntroductionWhatisthepurposeoftheWorldBank?

TheWorldBank'sgoalistoreducepovertyandtoimprovethelivingstandardsofthepeopleinlowandmiddle-incomecountries.TheWorldBankisoneoftheworld'slargestsourcesoffundingandknowledgetosupportgovernmentsofmembercountriesintheireffortstoinvestinschoolsandhealthcentersprovidewaterandelectricity,fightdiseaseandprotecttheenvironment.

IntroductionWhatisthedifferencebetweentheWorldBankandtheIMF?

TheWorldBankandtheInternationalMonetaryFund(IMF),werebothsetupattheBrettonWoodsconferencein1944.AlthoughtheIMF’sfunctionscomplementthoseoftheWorldBank,itisatotallyseparateorganization.WhiletheWorldBankprovidessupporttodevelopingcountries,theIMFaimstostabilizetheinternationalmonetarysystemandmonitorstheworld’scurrencies.

IntroductiontheInternationalBankforReconstructionandDevelopment国际复兴开发银行developmentassistance发展援助privateandpublicsectors私营部门和公共部门

II.Membership--TobecomeamemberoftheWBG,whatshouldacountrydofirst?--Howshouldamemberpayforthe195Bankshares?--WheredoesthepresidentoftheWorldBankcomefrom?--Whatarethefivelargestshareholders?--WheredoestheWorldBankgetitsfunding?afactorofthequota份额的系数

beobligatedtodo…有义务做…;有责任做…capitalincrease增资localcurrency本币non-negotiablenon-interestbearingnotes不可转让的无息票据callablecapital通知即缴的股本MembershipBoardofGovernors理事会

ExecutiveDirectors（ED）执行董事ThePresidentoftheBank,currentlyJimYongKim,isresponsibleforchairingthemeetingsoftheBoardsofDirectorsandforoverallmanagementoftheBank.Traditionally,theBankPresidenthasalwaysbeenaUScitizennominatedbytheUnitedStates,thelargestshareholderinthebank.ThenomineeissubjecttoconfirmationbytheBoardofExecutiveDirectors,toserveforafive-year,renewableterm.TheExecutiveDirectors,representingtheBank'smembercountries,makeuptheBoardofDirectors,usuallymeetingtwiceaweektooverseeactivitiessuchastheapprovalofloansandguarantees,newpolicies,theadministrativebudget,countryassistancestrategiesandborrowingandfinancingdecisions.Membership

III.ThePartsThatMakeUptheWhole--WhatarethefiveagenciesoftheWorldBankGroup?--BeforegainingmembershipintheWBG’saffiliates,whatshouldacountrydofirst?

ThePartsThatMakeUptheWholeItsfiveagenciesare:InternationalBankforReconstructionandDevelopment(IBRD)国际复兴开发银行

InternationalDevelopmentAssociation(IDA)国际开发协会InternationalFinanceCorporation(IFC)国际金融公司

MultilateralInvestmentGuaranteeAgency(MIGA)多边投资担保机构InternationalCentreforSettlementofInvestmentDisputes(ICSID)国际投资争端解决中心Theterm"WorldBank"generallyreferstotheIBRDandIDA,whereastheWorldBankGroupisusedtorefertotheinstitutionscollectivelygraceperiod宽限期

IV.AdaptingtotheTimes--WhatisthemainfunctionoftheWordBankGroup?--WhathastheBankbeenfocusingon?--WhatdoestheBankencourageallofitsclientstodo?

AdaptingtotheTimesworkone’swaythrough从头至尾做debtservice债务清偿；还本付息；债息

socialexpenditure社会支出presentitselfas…表现为…HIV/AIDSHumanimmunodeficiencyvirus(HIV)人类免疫缺陷病毒Acquiredimmunedeficiencysyndrome获得性免疫缺陷综合症(艾滋病

)

V.OppositiontotheBank--WhyaresomegroupsopposedtotheBank?--HowhavetheoppositiongroupsprotestedagainsttheBank?--Whatdotheoppositiongroupscallfor?

OppositiontotheBankbeopposedto…反对…beinthebestinterestofsb./beinsb.’sbestinterest某人的最大/最佳利益inquestion讨论中的；谈及的

sustainabledevelopment可持续发展put…onhold搁置…；使…延期

VI.Conclusionaclashofopinion意见冲突haveasayin…对…有发言权bestuckinaquagmireof…陷入…泥潭Givensth./Giventhat…鉴于/考虑到…；倘若...；假定...

Exercises

Comprehension:--WhenwastheWorldBankGroupestablished?--WhatisthepurposeoftheWorldBank?--WhatisthedifferencebetweentheWorldBankandtheIMF?

--Howshouldamemberpayforthe195Bankshares?--WheredoesthepresidentoftheWorldBankcomefrom?--Whatarethefivelargestshareholders?--WhatarethefiveagenciesoftheWordBankGroup?--WhatisthemainfunctionoftheWordBankGroup?--WhyaresomegroupsopposedtotheBank?EX.I.Answerthequestions1.Whataret