The World Bank has refused a request from the Bretton Woods Project to allow NGOs and others to give their opinions of the successes and failures of the Bank’s Strategic Compact reform initiative. The Bank will produce its own internal assessment, which will inform the coming period of Board-level institutional strategy discussions.
In the news
Last year BRICS' leaders agreed to launch a BRICS development bank. Whether this is considered positive depends in part what questions are being asked. Sameer Dossani of ActionAid International highlights the flaws in the World Bank and IMF, analyses whether a BRICS Bank could be different from these institutions and proposes what it should do and what it should look like.
The Bretton Woods Project is an ActionAid hosted project (UK registered charity no. 274467).