Bretton Woods Project - Critical voices on the World Bank and IMF

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IEG—Independent Evaluation Group

The IEG was established in 1973, and was previously known as the Operations Evaluation Department. It reports to the executive board of the World Bank. Its headquarters are located in Washington D.C. and the current director general is Dr. Vinod Thomas. It is an independent unit within the World Bank designed to assess: the effectiveness of development projects; how projects will be run by a borrower; and the long-term impact of projects on a country's development. It covers both public and private lending. These functions aim to provide objective assessment of the Bank's work and to learn from the experience of projects. Its stated aim is to provide accountability and to disseminate lessons learnt and provide recommendations from evaluations. read more background...

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World Bank-IMF annual meetings 2011

News|Bretton Woods Project|26 September 2011|url

Analysis, news, and about the events inside and around the World Bank/IMF annual meetings 2011. This page is being updated regularly. read article...

IEG annual report slates World Bank's education work highlights problems in health, MENA

News|Bretton Woods Project|13 September 2011|update 77|url

The Bank's Independent Evaluation Group (IEG) released its annual report at end August, again finding shortfalls and uneven results across the World Bank Group. While the Bank's leadership has steered the institution towards more private sector work, outcomes in the education sector and the Middle East and North Africa (MENA) region have dropped substantially. read article...

Big infrastructure, small participation World Bank and G20 push new plans

News|Bretton Woods Project|13 September 2011|update 77|url

The World Bank, in conjunction with the G20, is prioritising massive, cross-border infrastructure with private sector involvement, but has failed to involve any local communities. read article...

IEG faults IFC poverty focus

News|Bretton Woods Project|14 June 2011|update 76|url

An April report by the Bank’s arms-length evaluation unit faults the International Finance Corporation (IFC), the Bank’s private sector arm, for failing to pay attention to how its promotion of private sector growth impacts the poor. read article...

World Bank-IMF spring meetings 2011

News|Bretton Woods Project|15 April 2011|url

Analysis of governance reforms and other decisions made at the 2011 World Bank and IMF spring meetings read article...

The World Bank's approach to gender mainstreaming

Inside the inst|Caroline Schenkel|5 April 2011|update 75|url

The World Bank's current approach to gender mainstreaming promotes women's empowerment as "smart economics" that serves a dual equality-development purpose. This approach, which largely ignores non-economic sources of gender inequality, has been criticised for its narrow, market-driven focus. read article...

IEG reports mixed World Bank effectiveness

News|Bretton Woods Project|17 February 2011|update 74|url

The World Bank’s arms-length Independent Evaluation Group (IEG) released its annual report, Results and performance of the World Bank Group in November last year.  Whilst the Bank’s own reviews of its performance find its projects to be mostly satisfactory, performance against stated objectives shows “some decline at the World Bank in terms of projects exiting the portfolio in the past three years.” The IEG suggests that this is driven by declines in certain sectors, noting that “current performance has fallen relative to long-term trends in areas such as health, nutrition, and population and even in transport.”  read article...

The role of the World Bank in carbon markets

Briefing|Amy Horton with Tom Fry|4 February 2011|url

This paper outlines the World Bank's involvement in the carbon market and reviews concerns about its impacts on greenhouse gas emission reductions and development. read article...

World Bank-IMF annual meetings 2010

News|Bretton Woods Project|12 October 2010|url

Analysis, news, and about the events inside and around the World bank/IMF annual meetings 2009. This page is being updated regularly. read article...

World Bank-IMF spring meetings 2010

News|Bretton Woods Project|26 April 2010|url

Analysis of governance reforms and other decisions made at the 2010 World Bank and IMF spring meetings read article...

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