A new book by two researchers at the University of Oslo describes the structure and decision-making processes of multilateral institutions. Covering the World Bank, regional banks, IMF, WTO and UNDP, they analyse how major donor governments, and increasingly NGOs, determine their directions. They also describe specific cases such as the Arun III dam, Nepal and the Samut Prakarn project, Thailand. They are very critical, but conclude: “with all their faults the World Bank and other multilateral institutions are a potential bulwark against the unilateral actions of a single powerful country”.
26 May 2003
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The Bretton Woods Project is a UK-based NGO that challenges the World Bank and IMF and promotes alternative approaches. We serve as an information provider, watchdog, networker and advocate. Our flagship publications are the Bretton Woods Observer, a quarterly critical review of developments at the World Bank and IMF, and the Bretton Woods Bulletin, an online update of news and action on the institutions.
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