Bank President James Wolfensohn announced in mid-July that he was taking a six week sabbatical. He told the Financial Times (14/7/00) he was “exhausted” and planned to go walking and fishing to “try to work out how I’m going to take on the challenge of the next five years.” The paper commented that among the factors which may have prompted him to take time off were the controversies over the China Western Poverty Project and the resignation of Ravi Kanbur as World Development Report lead author.
New report reveals IMF policy in the MENA region has remained unchanged after the 2011 Arab uprising, despite its rhetoric for change towards inclusive growth.
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