Meanwhile Joseph Stiglitz has accepted a post as chairman of Wall Street investment firm Brookdale which specialises in emerging markets. This calls into question the Bank’s failure to implement a quarantine policy to guide staff considering moves to other jobs. Stiglitz will also remain a special advisor to Bank President James Wolfensohn.
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This factsheet explains how the International Finance Corporation (IFC) operates, how development impact is measured, and the latest trends in investments by sector, region and instrument.
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