World bank Scholarship
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In 1987, the World Bank, with funding from the
Government of Japan, established the World Bank Graduate Scholarship Program (WBGSP)
for graduate studies in subjects related to economic development.
Each year, the Program awards
scholarships to individuals from World Bank member countries to undertake
graduate studies at renowned universities throughout member countries of the
Now in its 23d year, the Regular
Program has awarded 3,153 scholarships, selected from 58,944 applicants. In
addition, 1,226 scholarships have been awarded in the various JJ/WBGSP
Partnership Programs for a total of 4,379 awards.
Since the inception of the
Program, the Government of Japan has provided over 204,7 million dollars to the
Scholarship Program. The Program's objective is to help create an international
community of highly trained professionals working in the field of economic and
social development. The World Bank and the Government of Japan require the
scholars to return to their home countries on completion of their study Programs
and apply their enhanced knowledge and skills to contribute to the development
process in their respective regions and communities.
Starting in 1992, a number of
Partnership Programs have been launched, largely to respond to the need for
graduate study Programs which combine academic rigor with specialized training
in the practical aspects of policy-making. The objective of these Programs is to
prepare the participants for effective policy-making roles in their home
countries and regions.
The World Bank administers the
Program through the World Bank Institute (WBI). Policy guidance for the Program
is provided by a Steering Committee comprised of three Executive Directors and
five senior managers of the Bank. A Secretariat for day-to-day administration is
maintained within WBI.