Much needed increase in UK WB oversight (Bretton Woods Project)

Much needed increase in UK WB oversight

Susanna Moorehead, former DFID head in India, has been appointed UK executive director (ED) to the World Bank; Alex Gibbs will remain ED to the Fund (formerly the ED covered both the Bank and Fund). Labour MP and member of the International Development Committee (IDC) Hugh Bayley has been elected chair of the Parliamentary Network on the World Bank (PNoWB), succeeding US Congresswoman Betty McCollum, who resigned to devote more time to upcoming US elections. More hands on deck are welcome considering DFID's massive increase in support to the Bank (see Update 59) and weak oversight. The latest example of the latter came in DFID's response to the critical IDC report on DFID and the World Bank which was described by the Bretton Woods Project as a "sheepish defence".

Se necesita una mejor supervisión del Banco Mundial en el Reino Unido News|Bretton Woods Project|1 July 2008|update 61|url
Susanna Moorehead, la antigua cabeza del Departamento Británico para el Desarrollo Internacional en la India, ha sido nombrada Directora Ejecutiva (DE) del Reino Unido; Alex Gibbs continuará siendo el DE del Fondo. read article...
Lots of rhetoric, few specifics: DFID defends its policy on the World Bank News|Bretton Woods Project|22 May 2008|url
The UK's Department for International Development (DFID) has sheepishly defended itself in its government response to the International Development Committee's (IDC) report DFID and the World Bank. read article...
UK to get new Bank board post News|Bretton Woods Project|28 January 2008|update 59|url
The British government announced in January that it will be ending the practice of having a single executive director for both the World Bank and the IMF. read article...