the income from the investment of the endowment fund set up with these contributions which currently provides the funding for the fellowships.
|The Robert S. McNamara Fellowships Program was established in 1982 by a resolution of the Executive Directors to award fellowships for full-time study or research at the postgraduate level in fields related to economic development. Funding for the Program was provided by US$1 million contribution from the World Bank and US$1.8 million from the governments of Bangladesh, China, India, Kuwait, Nigeria, Pakistan, Peru, and former Yugoslavia. It is || |
During the initial phase of the program 1983-1994, fellowships were awarded to young promising researchers from the World Bank member countries. This phase of the Program was characterized by high profile fellows with one-third coming from developed countries and two-thirds from developing countries. It had high visibility and a total of 24 publications were produced by the fellows among who some are now well-known economists and researchers.
|Since the inception of the Program in 1982, 247 fellowships have been granted to fellows from a pool of about 9,000 applicants representing various member countries of the World Bank. The fellows have conducted research on a wide variety of topics in development related fields. The Program which has achieved widespread recognition in developing countries experienced several phases.|| |
Starting 1995, the program became focused on supporting junior researchers from developing countries. The research work had to be carried out in the fellow’s country of residence, in association with a local research institute, on one of the specific topics fixed by the program for each year.
In 2001, the program was restructured into a master degree program in partnership with Princeton University. The partnership with Princeton University sponsored mid-career professionals from developing countries to pursue the Master of Public Policy (MPP) at the Woodrow Wilson School of Public Affairs (WWS).
Since 2008 the Program has a new structure to provide support to young researchers who are working in academic and research institutions from eligible countries and preparing a doctoral thesis.
|Research grants cover residence costs for a 5 to 10 month period in a renowned university or research center. Fellows are expected to advance their research work mainly by using the facilities provided by the host institution, having access to essential resources such as reference books and research publications, databases and software, attending seminars and eventually courses, and more generally by interacting with peers. || |