Since March, the Bank has posted a revision of its policy on “Poverty Reduction” (previously OD 4.15 now to become – symbolically – OP 1.00). Bankwatchers are concerned by the language of the policy which they say represents a significant step backwards from the World Development Report 2000 on poverty. There is no language on participation of the poor or other stakeholders in conducting poverty assessments, which is surprising given recent Bank emphasis on Participatory Poverty Assessments. The comment period closes 15 June.
The Bretton Woods Project has published a new briefing providing a critical analysis of the IMF's latest work on gender equality. The briefing questions the sustainability of the Fund's new approach to gender equality and reveals that the Fund's analysis so far is limited and inconsistent with the full achievement of women's economic empowerment.
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