Report finds Development Finance Institutions (DFIs) are not doing enough to eliminate the risk of public money being complicit in tax avoidance schemes.
IMF’s Independent Evaluation Office has found the Fund’s 2010/2011 Troika lending to Greece, Ireland and Portugal fell short in terms of surveillance, design, implementation and decision making, and described controversial decisions as appearing “rubber-stamped”.
The World Bank is set to reappoint president Jim Yong Kim for another five year term, despite persistent concerns from Bank staff and renewed calls for a merit-based process based on principles of transparency and diversity.
The Bretton Woods Project review of the most important developments at the World Bank and IMF in 2015.
Bretton Woods Project coverage of the 2016 spring meetings in Washington DC with links to analysis of the communiqués and notes from key civil society and official meetings.
Analysis of the official communiqués from the 2016 World Bank-IMF spring meetings, Washington DC.
While the recent reforms to the IMF and World Bank governance reforms and the establishment of new Southern-led IFIs are symbolically important, they are thus far not a rupture with the Western-dominated international financial architecture.
The World Bank and other multilateral development banks continue to push for public-private partnerships for infrastructure projects, despite concerns of debt risks and lack of transparency.
Notes from a side event at the IMF/World Bank 2016 annual meetings discussing lessons learned from the World Bank Group’s experiences with high risk projects, safeguards, gender equality, Indigenous Peoples, and environmental and social management systems, and how these should be applied to the Green Climate Fund.
Notes from the opening plenary of the inaugural Global Infrastructure Forum, during the World Bank/IMF spring meetings 2016.
Notes from a PPP civil society strategy session taking place during the week of the World Bank/IMF annual meetings 2016.
The World Bank has signed a co-financing agreement with the Asian Infrastructure Investment Bank, while former Bank staff join the new institution.
Notes from a side event at the inaugural Global Infrastructure Forum, during the World Bank/IMF 2016 spring meetings, discussing the role of the new development finance institutions, the Asian Infrastructure Investment Bank and the New Development Bank.
As the IMF initiates negotiations with Tunisia, concerns have been expressed that renewed reforms will not be inclusive or target deep-seated economic and social issues.
Notes of a meeting on BRICS’ Contingent Reserve Arrangement (CRA) and the New Development Bank (NDB) at the World Bank-IMF annual meetings 2014
A World Bank blog about the benefits of private schooling has been contravened by a UN committee and heavily criticised by civil society