Heads of the IFIs were in Geneva in November for a World Trade Organization conference to take stock of its aid for trade taskforce. Two years since its launch, there is still no accepted definition of ‘aid for trade’, no effective monitoring and evaluation mechanisms, and little or no additional money. Bank president Zoellick announced more of the same for the Bank: resources for infrastructure, private sector support and work on tools to analyse trade obstacles. Trade NGOs have developed aid for trade principles demanding that it: be provided without detrimental conditions; not serve as a quid pro quo for concessions in negotiations; and be additional to existing aid.
Report finds Development Finance Institutions (DFIs) are not doing enough to eliminate the risk of public money being complicit in tax avoidance schemes.
BWP publishes new booklet on gender-just macroeconomics, a guide to engaging the IMF and World Bank.
Donate to the Bretton Woods Project
The Bretton Woods Project is an ActionAid hosted project (UK registered charity no. 274467).