At its April spring meetings, the World Bank decided not to give press accreditation to Aidwatch – a blog linked to the New York University’s Development Research Institute – banning the site’s bloggers from access to the media briefing center. Aidwatch contributor Laura Freschi said: “I was shocked, actually, since the World Bank is usually ahead of the curve when it comes to technology and communication. I expected so much better.” The Bank has not explained its decision, but responded by forwarding to the Aidwatch bloggers the 2011 World Development Report, which at that time had not yet been released.
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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).