Is Canada involved with the World Bank?
Canada is a founding member of the World Bank and plays an important role in influencing its development priorities. Over 60% of Canada’s official development assistance to international financial institutions goes to the World Bank Group.
How do I report corruption to World Bank?
EBC can be reached here: [email protected]. For concerns pertaining to project-affected communities, please contact the Grievance Redress Service of the World Bank: [email protected].
What is corruption World Bank?
3 For instance, the World Bank defines corruption as “the abuse of public office for private gains” (World Bank, “Helping Countries Countries Combat Corruption: The Role of the World Bank,” 1997).
How does the World Bank fight corruption?
The World Bank Group’s approach to fighting corruption combines a proactive policy of anticipating and managing risks in its own projects. The Bank Group subjects all potential projects to rigorous scrutiny and works with clients to reduce possible corruption risks that have been identified.
How much does Canada owe to World Bank?
Canada has contributed US$5.5 billion to the IBRD, IFC and MIGA and has 45,045 votes, which represents 2.78% of the total. At the IMF, Canada ranks 9th, contributes $6.369 billion SDR and has 63,942 votes or 2.89% of the total.
Is Canada a stable country?
A member of both the Organization for Economic Cooperation and the Group of Seven, Canada’s is considered one of the most stable economies in the world. Canada’s political system is a parliamentary democracy, with its own social and political institutions.
How do you make a procurement related complaint World Bank?
Office of the Publisher The World Bank 1818 H Street NW Washington, DC 20433 USA Fax: 202-522-2422 Email: [email protected].
What are Canada’s weaknesses?
WEAKNESSES
- Dependent on the U.S. economy (1/2 of FDI stock, integration of the two countries’ automotive industries) and energy prices.
- Loss of competitiveness in manufacturing companies due to low labour productivity.
- Insufficient R&D expenditure.