Originally created to help the poor escape poverty and deprivation, the World Bank became the most important advocate for the commercialised microcredit model. Yet, critics argued it undermined the chances of sustainable and equitable development to create a poverty trap of historic proportions.
Every year the Bretton Woods Project highlights some of the most farcical remarks of Fund and World Bank staff.
While the World Development Report (WDR) 2018 on education has some redeeming features, it is part of the Bank's longstanding very narrow view of education, and is silent on education financing.
This briefing analyses the implications of the strategy proposed by the World Bank for infrastructure financing. It details the type of policies and institutions required to achieve sustainable development.
UN Independent Expert publishes two reports on the World Bank and IMF human rights performance, finding the institutions must be more than a "fig leaf" for the status quo and step up their human rights commitments.
A critique of the World Bank's education Development Report's narrow focus. To get education right, the World Bank must go back to basics and focus on funding established national policy, rather than developing it.
The IMF's recognition of the importance of inequality is under threat. Concerns have been raised about complacency and even the reversal of the IMF's recent progress on inequality, while IMF staff continue to operationalise new policy advice on inequality in surveillance and lending programmes.
Following longstanding conflict over a World Bank-funded power line project in Nepal, dating back to 2009, communities express hope that a World Bank-supported dialogue initiative will result in a fair dispute resolution process and meaningful consultation.
Blog on who should have been selected as World Bank president, what they should do and the selection process generally.
In the following submission, the IMF and institutions of the World Bank Group, including the…
Every year the Bretton Woods Project highlights some of the most farcical remarks of Fund and Bank staff.
Friday 2nd October, 2015 To: President Jim Yong Kim, World Bank Managing Director Christine Lagarde,…
Bankspeak of the year 2014 celebrates some of the most ridiculous public remarks of Fund and Bank staff.
Bretton Woods Project comment on President Jim Yong Kim's blog on Oxfam America challenges the Bank's emphasis on private sector development
Just a month before releasing a new report on climate change and the need to "turn down the heat" (see Update 86), the Bank agreed a $50 million loan to the Chinese prefecture of Shangrao, located in the northeast of China's Jiangxi province, to build a new airport.
The Bretton Woods Project would like to sincerely thank the Honorable James M. Flaherty, Canada's finance minister, for his kind end June response to a letter we sent him about leadership selection at the IFIs.