Catalog

	Table of Contents
p. 9 of 9 BACK | NEXT I. Introduction II. Strengthened Bank Representation in Donor Countries III. Bank Representative Offices in Donor Countries IV. Bank Resident Representation for Europe, Japan and North America V. Representation of Other Multilateral Financial Institutions in Donor Countries VI. Proposal for a North American Representative Office VII. Cost of the Bank's Representative Office in North America VIII. Organizational Arrangements IX. Recommendations

Bank Representative Offices in Donors Countries: Establishment of a North American Office

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IX. Recommendations

30. It is recommended that the Bank open a representative office for North America in Washington, D.C. in mid-1995 along the lines outlined in this paper. Its performance should be assessed at the end of the first two years of its operation. The Bank should prepare, including further consultations with Board members, for the establishment of representative offices in Europe and Japan in 1996. The establishment of these offices should be subject to Board approval.

31. The professional staff positions for the NARD should be redeployed from Headquarters. Management should make every effort to keep the costs of the representative office to a minimum.

32. NARC would report directly to the Vice President, Finance and Administration. Furthermore, Management would be assisted by SPO and TD in respect of NARC operations.

Back VIII. Organizational Arrangements	Bank Representative Offices in Donors Countries: Establishment of a North American Office