The Global Transparency Initiative (GTI) will be holding a three-month consultation starting 28 September (international right-to-know day), on a draft charter of transparency principles which the international financial institutions should uphold. The GTI brings together civil society IFI monitors with campaigners on freedom of information. Interested individuals are invited to visit the website where a copy of the draft charter can be downloaded, or contact the charter’s lead author – Toby Mendel – directly.
In the news
In December 2013, the German Development Institute, Friedrich-Ebert-Stiftung and Bretton Woods Project, in collaboration with the G-24, hosted a high-level workshop in Berlin to foster an open exchange on the profound changes in the global economy and the implications for global economic governance and its constituent institutions and members.
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).