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IFI governance

News

Recommended resources 2004

2 February 2005

Books

The World’s Banker

A revealing insight into the management foibles of Bank president Wolfensohn, the author’s misguided attack on NGOs has given ammunition to those who would like to roll back civil society input into economic policy-making. Beware the “Mallaby effect”.

Sebastian Mallaby,The Penguin Press, 2004 ISBN: 1594200238

Participation, from tyranny to transformation?

Exploring new approaches to participation in development This book addresses problems of power and politics which have beset some approaches to participation.

Hickey, S and Mohan, G (eds), Zed, 2004, ISBN: 1842774611

Official resources

Striking a better balance: Final report of the extractive industries review, and Final World Bank Group EIR management response

Progressive recommendations in the final EIR report presented a victory for environmental and human rights campaigners. Months later these were disappointingly watered down or rejected in the World Bank’s management response.

www.worldbank.org/ogmc

Civil society papers

Dogmatic Development, War on Want

Looking at case studies from six different countries, this report examines how conditionalities and pressures from aid agencies and development banks force developing countries to adopt privatisation policies in public services.

www.waronwant.org/?lid=7540&cc=1

Owning the loan- poor countries and the MDGs, AFRODAD and Christian Aid

Urges an increased role for parliaments and civil society organisations in loan contraction processes www.afrodad.org/archive/owningtheloan1.pdf

Noose of global lenders, National Alliance of People’s Movements, India

A special 60th anniversary issue to examine the international financial institutions, includes submissions from Medha Patkar, Anil Sadgopal and Souparna Lahiri.

Contact themovement@riseup.net to order a copy

The energy tug of war: the winners and losers of WB fossil fuel finance, SEEN

Reveals how Bank supported oil projects fail to satisfy developing countries’ energy needs and instead benefit both industrialized country consumption demands, and the profits northern based corporations.

www.seen.org/PDFs/Tug_of_war.pdf

Zambia: Condemned to debt, how the IMF and World Bank have undermined development, WDM

The report concludes that the IMF and World Bank’s influence over Zambia’s economy has been “unsuccessful, undemocratic, and unfair”, resulting in high unemployment, the destruction of industries, social unrest and increased poverty.

www.wdm.org.uk/cambriefs/debt/zambia/zambia.pdf

Blocking progress: How the fight against HIV/AIDS is being undermined by the World Bank and IMF, ActionAid

Puts into sharp focus long-standing criticism of the IMF’s prescriptive loan conditions that demand low inflation and tight budget ceilings which in turn constrain public spending towards HIV/AIDS. The Fund was moved to an unprecedented homepage rebuttal.

www.actionaidusa.org/blockingprogress.pdf

Access to justice from local village to global boardroom: An experience in international accountability. The World Bank Inspection Panel and the Chad-Cameroon oil and pipeline project, Association Tchadienne pour la Promotion des Droits de l’Homme

A comprehensive study revealing both how numerous environmental and social safeguards were violated during project construction, whilst Illustrating the need to reforms in the functioning and mandate of the Inspection panel.

www.environmentaldefense.org

Web resources

IFIwatchnet

A groundbreaking initiative in international NGO networking, going from strength to strength in its second year of operation. Connects organisations worldwide who monitor international financial institutions. Boasts over 60 participants globally… and counting.

www.ifiwatchnet.org

Crude Accountability

Works with local activists and citizen groups in the Caspian basin to protect the region’s to ensure environmental justice for communities impacted by natural resource development.

www.crudeaccountability.org

The Innovators

Part of a network of Bangladeshi civil society organisations who have challenged the Bank’s request for blanket immunity. Important work when development needs more accountability, not less.

The Innovators