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Records of the Office of the Chief Economist Reeks
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EAS Working Group and Task Force files

This series includes records related to Economic Advisory Staff (EAS)participation in Bank working groups and task forces. This includes records related to the Country Risk Management and Portfolio Review Working Group from 1989 to 1991. The Working Group was led by the Bank's Risk Management and Financial Policy Department (FRS), but the Working Group consisted of representatives from EAS, and many other units in the Bank. The records relate to review of country risk monitoring and financial risk assessment functions performed by FRS. The records include: correspondence and memoranda from EAS staff, FRS staff, Working Group representatives, and senior Bank officials; meeting minutes and agenda from the Working Group, the Operations Committee (OC)of the Operations Senior Vice Presidency (OPNSV), and the Finance Committee of the Finance Senior Vice Presidency (FINSV); and reports with comments produced in support of the Working Group, including copies of the Country Risk Management and Portfolio Review report.

The series also includes records from the Task Force on Exposure Guidelines from 1989 to 1990. The task force was led by EAS Director Enzo Grilli, and done in close collaboration with the Bank's regional units and FRS. The task force was formed to re-evaluate and review the Bank's exposure guidelines used to assess member countries and the Bank's exposure to major financial risks such as debt obligations. The records include: memoranda and correspondence; Task Force meeting minutes and agenda; recordsrelated to Country Robustness Analysis surveys performed as part of the Exposure Guidelines Task Force exercise; and draft and final Exposure Guidelines reports with comments.

Correspondence Regarding Collaboration between the World Bank and the International Monetary Fund (IMF)

This series contains the incoming and outgoing correspondence of the Vice President and Chief Economist that concerned collaboration between the World Bank and the International Monetary Fund. It is primarily the correspondence of Chief Economists Fischer and Bruno; there is very little from Lawrence Summer's tenure. The correspondence is with DEC staff and managers, managers in other Bank units, and IMF managers and concerns proposed topics for the periodic luncheons between the Bank's President and the Fund's Managing Director with summaries of those luncheon discussions drafted by DEC staff; comments from Bank staff on draft IMF papers; IMF comments on draft Development Committee papers; attendance of Bank staff at IMF Board meetings and Board seminars and summaries of those meetings and seminars from Bank staff; duplication of effort between the Bank and the Fund; policy on disclosure of Policy Framework Papers; Bank procedures for Policy Framework Papers; proposals for joint Bank/Fund studies; planningfor a joint retreat in 1995; guidelines for Bank-Fund collaboration on public expenditure issues; and DEC representation on the IMF Working Party on Measurement of International Capital Flows. Included in the series is a July 5, 1990 draft of the joint Bank/Fund report, World Bank and International Monetary Fund Progress Report on Bank-fund Collaboration.

Front Office Records Relating to Special Programs and Issues

This series consists primarily of files maintained by Lesley Davis Arnold, Program Coordinator in the DEC front office, 1993 - 1997. Her records concern special programs and issues affecting DEC, such as the DEC Action Plans for Women for FY 95 - 97; DEC's input into plans for the World Bank's 50th Anniversary; DEC presentations and briefings; matters concerning the Board of Executive Directors; and DEC's performance plan for FY 97 (filed under Planning Directions). Among the files for DEC's Action Plans for Women are Lesley Davis Arnold's correspondence regarding: DEC's Advisory Group on Gender of which she was a member; special funding available for first-time women consultants in DEC; plans for celebrating International Women's Day; and meetings of the Vice Presidential Unit Gender Coordinators and of the Local-Level Harassment Advisors (LHA). The files relating to the Board of Executives Directors include schedules of the major DEC papers and reports that required Board review. Files under Presentations include copies of the briefing materials Michael Bruno used in his March 1995 presentation to President Wolfensohn and a copy of his statement to the Executive Directors in December 1994. This series also includes five memoranda dated November 3 - 9, 1992, relating to plans for the 1993 reorganization as they affected DEC. Included is a copy of Lawrence Summers' November 9, 1992 memorandum regarding his vision for research on sectoral issues.

Front Office Work Program and Budget Records for Fiscal Years 1993-1998

These copies of DEC annual work programs and budgets, usually accompanied by Department and EDI [Economic Development Institute] feeder work programs and budgets, were maintained by Lesley Davis (Lesley Davis Arnold) who was Program Coordinator for Administration in DEC's Front Office. Copies of DEC's FY 93 Mid-Year and Retrospective Review Reports were maintained with the FY 93 work program and budget. Background materials for the FY 93 work program and budget include correspondence concerning positionsand funds associated with a proposed downsizing of the Geneva Office and concerning the impact on staffing of the acceptance into Bank and Fund membership in 1992 of most of the Republics of the former Soviet Union. Found with the FY 94 work plan and budget is correspondence concerning the merger of the budget of the Development Policy Group (former Economic Advisory Staff [EAS]) with that for the rest of DEC and copies of monitoring and Mid-Year Review Reports. The FY 94 - FY 96 Business Plan for DEC accompanies these records. A new format was adopted for the FY 95 work plan and DEC units' submissions were entered into the Resource Planning System (RPS). Accompanying documents relating to the FY 95 work program are FY 95 - FY 97 and FY 96 - FY 98 Business Plans for DEC (including EDI). Found with documents pertaining to the FY 96 work program is correspondence concerning development of a new Country Assistance Strategy or Country compact and a copy of the Third Quarter FY 97 Monitoring Report of the DEC work program and budget which was prepared for the first time in a new format in line with implementation of the Bank's new Strategic Compact - the plan for fundamental reform to make the Bank more effective in delivering its Regional program and achieving its basic mission of reducing poverty. Correspondence concerning DEC's proposed involvement in the Bank's program of technical cooperation, expanded volunteer efforts, and modest funding of activities related to education, employment, poverty alleviation, and municipal services for Washington, DC is found with guidance documents for preparation of the FY 98 work programs and budgets.

Front Office Quarterly Monitoring, Mid-Year, and Retrospective Review Reports

Most of these copies of DEC 's Apex, Quarterly Monitoring, Mid-Year, and Retrospective Review Reports were maintained by Lesley Davis (Leslie Davis Arnold) who was Program Coordinator for Administration in DEC's Front Office. The FY 92 Apex Reports were submitted after the end of the first quarter to the Policy and Review Department (PRD) before that unit was abolished in the 1992 reorganization. The FY 92 DEC Apex Reports described the status of DEC's implementation of the FY 1992 PRE [Policy, Research and External Affairs] Management Contract, compared quarter outcomes with the original plan in the Contract, described major activities/accomplishments by program objective category (POC), and described the status of EDI's development training program and EXT's [External Affairs Department] public information work and publications program. The report also commented on cross-cutting topics such as private sector development, environment, poverty, and women in development.

In FY 93, the Apex Reports were renamed Quarterly Monitoring Reports and, similar to the earlier Apex Reports, described progress of DEC departments against their individual Management Contracts and commented on cross-cutting topics. Guidance memoranda, divisions' submissions, and other related correspondence are found with the Monitoring Reports submitted to the Director, Planning and budgeting Department (PBD) following the First (FYs 93 - 95) and Third (FYs 94 - 97) Quarters of the fiscal year.

DEC's Mid-Year Review Reports (FYs 92 - 94, 96, 97) were prepared to provide bases for estimating whether fiscal year objectives and plans would be achieved. They covered structural changes within DEC and cross-support activities and compared first-half of the year performance of the DEC Departments and other units to the Management Contracts. Sometimes the Mid-Year Review Reports were accompanied by requests to PBD for additional funds for the second half of the fiscal year for programs included in the Management Contracts.

Retrospective Reviews (FYs 92 - 96 and FY 99) were conducted for DEC organizations after the close of a fiscal year. They provided Department Directors and the Vice President opportunities to compare organizational performance against the fiscal year budget plan or management contract, to determine the reasons for any deviations from the plan, to gain insights for the implementation of the new fiscal year budget plan, and to share findings at the institutional level. The reports, which were submitted to PBD/PBDPR [Program and Budget Review Division], provided an overview of the implementation of the past year's work program, highlights of program activities, services to other parts of the Bank, and dissemination activities.

At the beginning of FY 97 the Mid-Year and Retrospective Review Reports were replaced by Semiannual Reports on Monitoring the Bank's Strategic Compact - the plan for fundamental reform to make the Bank more effective in delivering its Regional program and achieving its basic mission of reducing poverty.DEC submitted data to PBD for retrospective reporting and, in addition, DEC provided a brief retrospective narrative report describing steps taken to deliver on the Compact. The FY 99 Retrospective Review consisted of: a review of progress under the Strategic Compact; a review of focus areas and major programs and activities; and budgetary information.

Davis also maintained a copy of the Country Economics Department's (CED) Black Book, which was developed at the end of FY 92. The black Book includes a completion report on each of the research or policy tasks completed by CED during that fiscal year, a summary linking work completed in FY 92 to the FY 93 work program, and a list of CED FY 92 publications.

Records of the Research Projects Approval Committee (REPAC)

This series contains the records of the Research Projects Approval Committee (REPAC) which the Research Policy Council (RPC) established in January 1984 to evaluate and recommend individual research projects for funding from the External Research Budget (later renamed the Research Support Budget [RSB]). The committee's evaluations were to ensure that projects were technically sound, cost-effective, and conformed to the institutional research priorities established by the RPC. To maintain links with theRPC, the Secretary of RPC was the Chair of REPAC. In July 1984, a new position, Research Administrator, was created in the Office of the Vice President, Economics and Research (VPERS); the Research Administrator (RA) served as the REPAC chair and dealt with all matters relating to the Research Policy Council, REPAC, and the Bank Research Advisory Group (BRAG). REPAC consisted of nine Bank staff members, appointed by the Research Policy Council on the recommendation of VPERS.

The REPAC records consist ofofficial requests for Research Support Budget (RSB) funding for research projects, some of which are accompanied by reports from referees, the outside consultants who commented on proposals; minutes of REPAC meetings (filed under correspondence and under rules and procedures); guidelines for evaluating completed projects funded by the Research Support Budget; copies of memoranda establishing REPAC and outlining REPAC rules and procedures; and correspondence which includes memoranda of REPAC decisions regarding requests for funds, incoming requests for additional funding to continue on-going research projects, REPAC correspondence with referees, replies from project managers responding to REPAC funding decisions, and minutes of meetings at which research proposals were discussed.

Research Files of the Economic Analysis and Projections Department (EPD)

This series contain files for two research projects conducted by EPD staff. Research Project No. 672-32: The Direction of Developing Countries' Trade: Patterns, Trends, and Implications was begun in 1980 in the International Trade and Capital Flows Division (EPDIT) and completed in 1987 under the Global Analysis and Projections Division (EPDGL). Oli Havrylyshyn and Martin Wolf (and later Peter Miovic) were the principal researchers. The project files include the original research proposal, a request forsupplementary funds, Back-to-Office reports from project-related missions, a status report, copies of Havrylyshyn's and Wolf's articles related to the project, a completion report, and a project evaluation. The second project, which was conducted by Iveta Bebris of the International Finance Division (EPDIF) in 1977 - 1978, was a Comparison of the Reporting of Loans from Financial Markets in the DeBTOr Reporting System (DRS) and the Capital Market System (CMS), 1973 - 1976. The project file includes a summary of the findings and a comparison of data from the two systems for the 26 countries covered by the study.

Records Relating to Capital Market Seminars Sponsored by the Economic Analysis and Projections Department (EPD) and to Other Conferences and Seminars Sponsored or Attended by DEC Staff

This series consists of records relating to the capital markets seminars sponsored by Economic Analysis and Projections Department (EPD) and to conferences and seminars attended by staff from EPD or other DEC units. Beginning in 1979, EPD organized annual capital market seminars on private capital flows to developing countries. This series contains files for the seminars held September 29, 1980; September 28, 1981; February 7, 1983; and March 19 - 20, 1984. Included for each seminar are invitations toparticipants and their replies, agenda and schedules, lists of participants, EPD correspondence with participants, summaries of the proceedings, and copies of some of the papers presented at the seminars. There is also some preliminary planning memoranda for the April 4, 1985 seminar.

Files in this series relating to other conferences include: copies of papers presented at the World Bank seminar on Technology and Long-Term Economic Growth Prospects, November 16 - 17, 1988; detailed notes from the World Bank Workshop on Prospects for Growth in Industrial Countries, June 13, 1984, which was chaired by Jean Baneth, Director of EPD; EPD staff member Martin Wolf's Back-to-Office Reports and copies of his papers presented at two meetings on international textile trade, October 29 - 30, 1979 and May 27 - 29, 1980; Jean Baneth's copy of a detailed summary of the Export Credit Agencies Conference, May 5 - 7, 1986; and the participants' package for a seminar sponsored by the Country Economics Department (CEC) on Macroeconomic Adjustment and Growth Seminar, October 18 - 20, 1989. In addition, there are copies of papers and remarks that EPD staff member Joseph Michael Finger presented at a June 23- 25, 1982 Institute for International Economics Conference on Trade Policy in the 1980s and a copy of a 1981 paper, The Outlook for the 1980s with Particular Reference to Trade, by EPD staffers Helen Hughes and Ernest Lutz.

Correspondence and Other Records of the Development Policy Staff, Departments, and Divisions

This series contains the records of the Vice President for Development Policy's (VPD's) staff, departments, and divisions for the period 1978 - 1982. There are a few files that cover the Development Policy Staff (DPS) in general, and these files include a small amount of correspondence with the VPD, his senior adviser, and the Director, Development Policy, but this series primarily contains the correspondence, studies, reports, and publications of four of the DPS departments and of some of the divisions within those departments. Included are files for the Policy Planning and Program Review Department (PPR), the Economic Analysis and Projections Department (EPD), the Development Economics Department (DED), and the Development Research Center (DRC). The EPD correspondence for the years 1978 - 1980 also includes information regarding the Berne Union: Back-to-the-Office Reports from missions to Berne Union meetings; summaries of discussions at Berne Union meetings, and analyses of Berne Union data. The division-level files include correspondence, publications and reports generated by the division.

In addition to the department and division files, there are records relating to the Bank's World Development Report (WDR), 1978 - 1980. These files include correspondence containing input for the report, comments on drafts of the report, and plans for the content of the next report. Copies of background papers for the report and copies of the 1978 - 1980 editions are also included.

The Development Policy Staff ended in 1982, but this series includes DPS publications issued with a 1983 publication date.

World Debt Tables and World Economic Indicators

The earliest World Debt Tables in the series were prepared by the Comparative Data Division, Economics (later Economic Program) Department. The tables were developed from data received from deBTOr countries supplemented by data from other sources. These tables were periodically updated and supplemented; data used in some updates are part of the series. The Economic and Social Data Division, Economic Analysis and Projections Department of the Development Policy Staff succeeded the Comparative Data Divisionin issuing World Debt Tables.

Included in this series is the first World Economic Indicators report that was transmitted with a November 2, 1973 explanatory memo from Bank President Robert McNamara. The purpose of the report was to assemble data for use by Bank senior staff and the Board relating to major trends in the world economy and to describe major features of the economic situation in developing countries.

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