Title: THE ROLE OF INTERNATIONAL ORGANIZATIONS IN THE CZECH REPUBLIC
1THE ROLE OF INTERNATIONAL ORGANIZATIONS IN THE
CZECH REPUBLIC
- Group Members
- Despina Mertzios
- Martina Sedmak
- Lenka Strakova
- Ekaterina Zarovsky
2CONTENTS
- Introduction The Czech Republic
- The World Bank Group and the IMF
- EIB and EBRD
- NGOs
31. GENERAL CHARACTERISTICS OF THE CZECH REPUBLIC
- 1st January 1993
- area 78,864 km2
- population 10.3 million
- density 130Â inhabitants/km2
- 3 historical territories
41. LOCATION IN CEE
51. REGIONAL STRUCTURE
61. SETTLEMENT STRUCTURE
- highly diversified and dispersed across the
territory - sub urbanisation
- urban population 70,9
- non - urban population 29,1
71. POPULATION (I)
- decrease in population - low number of births
- Development of Population in the Czech Republic
- in 1991 2000
81. POPULATION (II)
- life expectancy growing
- ageing of population
- national structure - relatively homogenous
91. INFRASTRUCTURE
- transport infrastructure
- highways, roads, railway network
- density vs. quality
101. MACRO-ECONOMIC DATA (I)
- 1. GDP growth (significant decrease at the
beginning of 90s recovery of economic growth
from 1993 economic slowdown in 1997 economic
growth since 1999 onwards)
111. MACRO-ECONOMIC DATA (II)
- 2. Inflation (2 price shocks - 1991 and 1993)
121. MACRO-ECONOMIC DATA (III)
- 3. Unemployment (appeared at the beginning of
transformation process low between 1992-1996
growth since 1997)
131. MACRO-ECONOMIC DATA (IV)
- 4. Regional unemployment October 2003
142. INTERNATIONAL BANK FOR RECONSTRUCTION AND
DEVELOPMENT (IBRD)
- Czechoslovak Government's reform program in 1991
- SAL US450 million (macroeconomic stabilization
and structural reforms) - modernization of individual sectors (incl. energy
and telecommunication sectors) - Global Environment Facility (GEF) grants
- power plant has been built in Kyjov
152. IBRD (I)
Source The World Bank, Project Statistics in the
EU Accession Countries Lending Activities by
Accessing Countries between 1989 and 2002
162. IBRD (II)
- Things to be done
- to reduce the fiscal deficit
- to reduce unemployment as well as regional
disparities and differences in unemployment
levels across the country - to finish the restructuring and privatisation of
major enterprises - to complete the reform of the pension and social
benefit systems and finalization of the
resolution of the bad assets -
172. INTERNATIONAL FINANCE CORPORATION (IFC)
- member of IFC in 1993
- total project costs US1762 m (18 projects)
- strategic priorities were privatization and
restructuring, providing long-term financing for
first- and second-tier local firms in sectors,
institution-building, infrastructure,
environmental clean-up investments and SMEs - privatisation and modernization of MOKRA (1992)
- construction material sector - CEMBRIT
- invested US75 m and mobilized US150 m to
support restructuring NOVA HUT (1997) - its role is diminishing
182. MIGA, IDA, ICSID
- MIGA - issued a US4.9 million guarantee to
Raiffeisen-Leasing GmbH of Austria for 5.4
million non- shareholder loan to Raiffeisen
Leasing BOT s.r.o in the Czech Republic (2003) - IDA the Czech Republic is a donor
- ICSID - Case No. ARB/97/4 CSOB Bank, a.s.v.
Slovak Republic
192. INTERNATIONAL MONETARY FUND (IMF)
- membership on January 1, 1993
- a stand-by loan (US471 million)
- purpose to address short-term problems in
balance of payments - 1995 - entire IMF debt had been repaid ahead of
schedule - monetary crisis in 1997 (CZK was not devaluated
to the extent expected) - in 1999 the CNB occasionally intervened to
prevent the appreciation of the CZK - cooperation between the IMF and the Czech
Republic is ongoing
202. CRITICISM ON THE IMF
-
- voting in the organization is based on the
amount of member contributions to IMF funds
- the conditions for receiving IMF assistance
unfair or harmful - the structural funds or conditionality
required for assistance are set up to
maintain a dependent relationship between the
economically developed countries and others
212. CONCLUSION
- pre-graduation arrangements with the World Bank
- ongoing relations with the IMF
- main roles
- IMF - to promote international financial
stability and the macroeconomic stability of
member countries - WB - to help countries reduce poverty,
particularly by focusing on the institutional,
structural, and social dimensions of development - each institution needs to focus on its respective
core tasks but working together where their
responsibilities overlap
223. EUROPEAN INVESTMENT BANK (EIB)
- set up in 1958
- EIB is an autonomous institution within the EU
- enlargement as one of the objectives
- participant in the EUs development and
cooperation policies in about 150 countries
233. EIB LOANS TO THE CZECH REPUBLIC SINCE 1990 (I)
243. EIB LOANS TO THE CZECH REPUBLIC SINCE 1990 (II)
253. EIB AND RESULTS FOR THE CZECH REPUBLIC
- EIB projects always in conjunction with others
- responsible for grant aid - ISPA and SAPARD
- implementation of different schemes
263. EUROPEAN BANK FOR RECONSTRUCTION AND
DEVELOPMENT (EBRD)
- established in 1991
- helps building market economies and democracies
in 27 countries - largest single investor the region
- project financing for banks, industries and
businesses - supports privatisation and restructuring
state-owned firms
273. EBRDs PORTFOLIO IN THE CZECH REPUBLIC
283. EBRD AND RESULTS FOR THE CZECH REPUBLIC
- 80 of economic activity in private hands
- GDP growth is good despite weak economic
performance of export markets - in 2002 FDI of US 9 billion
- still a number of reforms are needed to further
enhance the competitiveness
294. NGOs
- what is an NGO
- important for the community
- important for the companies
304. NGOs IN THE CZECH REPUBLIC
- breakdown of communism
- fields of action
- types of institutions
- sources of financing
314. FIELDS OF ACTION
- human rights
- buliding democratic system and installing
democratic values, elections - making connections with Western Europe
- lobbying for both government and foreign
interests - education
- media
- environment
- corporate social responsability in business