Credit: @WorldversusBank, www.ourlandourbusiness 2014

IFI governance

Analysis

The Bank and IMF in 2014: year in review

The Bretton Woods Project review of the most important developments at the World Bank and IMF in 2014.

25 February 2015
Christine Lagarde with Kenya's president Uhuru Kenyatta, January 2014. Credit: IMF

Conditionality

News

IMF moved on from structural adjustment?

Concerns in existing and prospective borrower states about the appropriateness and efficacy of IMF-sanctioned reforms under lending and precautionary agreements.

3 February 2015
Nurse in Malawi public hospital. Credit: Oxfam

Social services

Analysis

Health care for the few: the IFC’s Health in Africa initiative

New research reveals that Bank’s private sector arm, the IFC's Heath in Africa initiative is benefitting wealthy elites not the poorest.

3 February 2015
Credit: Hemanth Withanage FoE Sri Lanka

Environment

Analysis

World Bank pricing carbon: real solution to climate change?

World Bank continues to promote putting a price on carbon as a key policy to tackle climate change while critics say it is just a new way of promoting failed carbon markets.

2 February 2015
Credit: 1-9-2009 cartoosh.com

Private Sector

News

IFC ignores concerns about investments in financial intermediaries

IFC disagrees with concerns raised by CAO about its capacity to assess whether its investments through financial intermediaries have a positive development impact.

2 February 2015
Kim crop 2

IFI governance

News

Out with the new, in with the old? World Bank restructure reveals “colonial mindset"

Criticism of the latest elements of World Bank's restructure mounts from staff and the media, undermining president Kim’s leadership.

2 February 2015
Civil society protest against the draft new World Bank safeguards during the October 2014 annual meetings. Credit: CIEL

Rights

News

UN experts critique World Bank draft safeguards

UN experts have questioned the World Bank’s draft safeguards’ lack of references to human rights, meanwhile the consultation process continues to raise concerns by NGOs.

2 February 2015
Greece and IMF Article Euro_coins_and_banknotes v2

Finance

News

Eye on the prize - the Greek debt sustainability question

Despite heated debates about the consequences of Syriza’s win in Greece and the IMF's stance on debt reduction, the question of debt sustainability remains central to the country’s economic future.

2 February 2015

Other news

Gender

News

3 February 2015

IEG calls on World Bank for more gender integration

Independent Evaluation Group highlights lack of gender integration in World Bank social safety net projects

Knowledge

News

3 February 2015

WDR 2015: Mind over matter

Behavioural economics is the basis for the World Bank's 2015 World Development Report but is criticised for ignoring the impact of power and politics.

Social services

News

2 February 2015

Nigeria water privatisation questioned

Civil society in Nigeria has criticised and called for disclosure of a water privatisation scheme in Lagos involving the World Bank.

IFI governance

Commentary

2 February 2015

Bankspeak of the year 2014

Bankspeak of the year 2014 celebrates some of the most ridiculous public remarks of Fund and Bank staff.

Rights

News

2 February 2015

World Bank failed indigenous peoples in Ethiopia

A report by the World Bank’s Inspection Panel has confirmed that the Bank was non-compliant with its policies on a project in Ethiopia, including on indigenous peoples' rights.

IFI governance

News

20 November 2014

IEO report criticises IMF policy recommendations

Independent Evaluation Office October report on the IMF's response to the financial and economic crisis criticises the Fund's recommended monetary and fiscal policy advice.

Rights

News

18 November 2014

Inspection Panel finds World Bank did not apply safeguards on Kenya forest project

The World Bank board has approved the action plan in response to the Inspection Panel report on the Kenya Sengwer case. The Sengwer indigenous community welcomed the action plan but demanded recognition of their status as "custodians" of the Embobut forest.

Finance

News

17 November 2014

UK NGO calls for measures to address unsustainable debt payment risk

Jubilee Debt Campaign’s new report calls for “urgent measures” to “prevent a new debt crisis” highlighting the risk of the ongoing lending boom to impoverished countries as IMF discusses contractual reforms.