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.
Asia Infrastructure Investment Bank (AIIB)
The Bretton Woods Project review of the most important developments at the World Bank and IMF in 2015.
This briefing notes that recent reforms to the IMF and World Bank governance and the establishment of new Southern-led IFIs are symbolically important, however, they are thus far not a rupture with the Western-dominated international financial architecture.
Reform to the IMF’s voting shares shifts some power to emerging countries, but the institution’s leadership selection process remains opaque and undemocratic.
This briefing analyses the role of the Bank and Fund in the UN Financing for Development negotiations.
This briefing analyses the "biggest investment boom in human history", examining elements of a new public-private partnership focused infrastructure investment model, including the role of the World Bank Group.
The World Bank-hosted Global Infrastructure Facility has been launched despite concerns over risks, including duplication with other initiatives, such as the new Asian Infrastructure Investment Bank.
Indonesian organisations have demanded that the World Bank stops funding harmful infrastructure funds, highlighting impacts on the environment and indigenous communities.
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.
Notes from the opening plenary of the inaugural Global Infrastructure Forum, during the World Bank/IMF spring meetings 2016.