Bank president Paul Wolfowitz initiated an external review of Bank systems of transparency, accountability, ethics and integrity at the end of July. The man chosen for the job is Robert Pozen, current chair of MFS investment and previously a visiting professor of economics at Harvard University. He will review the Bank’s systems in this area and advise Wolfowitz whether he believes any changes are needed to “improve effectiveness and ensure proper coordination”. The purpose of the review is to “clarify roles, ensure an efficient use of resources, and ascertain that there are no gaps”. Bank watchers worry that new gaps may be exactly what results after Pozen presents his report at the end of September.
This briefing examines the trajectory of China's evolving leadership in international development finance, including the impact of it's massive increase in development finance for developing countries.
This briefing provides an overview of the immunity of international organisations in US law, looking at a lawsuit brought against the IFC regarding the Tata Mundra coal power plant in India.
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