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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New evidence from Oxfam, the Bretton Woods Project and other NGOs reveals the impact of IFC investments in financial intermediaries on global human rights.
This briefing shows that multilateral governance is at risk if long-overdue IMF quota and board reforms are not ratified.
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