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East Asia & Pacific

Private Sector

Analysis

How the Bank’s push for microcredit failed the poor

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.

8 December 2017 | At Issue

Knowledge

Analysis

Chinese growth’s contribution to poverty reduction challenges World Bank and IMF neoliberal policies

CEPR report found that two-thirds of extreme poverty during past 25 years took place in China, which did not follow World Bank and IMF neoliberal policies.

6 December 2017

Environment

News

Shared prosperity? WBG fails to progress on energy access for poor

A new civil society report criticises the World Bank for not doing enough to help meet Sustainable Energy for All (SEforAll) objective of achieving universal energy access by 2030.

6 December 2017

Rights

Analysis

The IMF, Gender Equality and Labour

BWP briefing explores IMF's labour market policies in the context of women in the informal economy and suggests they will not contribute to decreasing inequalities.

2 October 2017 | Briefing

Environment

News

Flirting with disaster? World Bank's push for climate insurance questioned

The World Bank continues to push climate and disaster insurance programmes, despite concerns that such schemes are being ‘oversold’ and do not address the root challenges of making countries more resilient to climate change.

28 September 2017

Finance

News

Deepening World Bank and AIIB cooperation: Locking in a failed development model?

Co-financing arrangements and increased World Bank-AIIB cooperation on mega-infrastructure projects represent a dangerous global trend that threatens human rights and locks in a failed development model.

3 July 2017

Gender

Analysis

The IMF, Gender Equality and VAT

BWP briefing explores gender dimensions of IMF’s key fiscal policy advice on resource mobilisation in developing countries, in particular on Value-Added Tax.

12 April 2017 | Briefing

Social services

Analysis

World Bank undermines right to universal healthcare

The IFC’s push for the PPP model, as well as its preference for healthcare ‘provision’ and the results-based payment approach, collectively undermine the human right to universal healthcare and the achievement of the SDGs.

6 April 2017 | At Issue
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Other news

Environment

News

Landmark climate-change complaint against IFC lodged in Philippines

The Philippine Movement for Climate Justice (PMCJ) makes history by filing first ever climate-related complaint against the IFC with the Compliance Advisor Ombudsman (CAO).

6 December 2017

Rights

News

Indonesian CSOs demand World Bank stop funding infrastructure funds

Indonesian organisations have demanded that the World Bank stops funding harmful infrastructure funds, highlighting impacts on the environment and indigenous communities.

7 April 2017

Conditionality

News

New IMF Mongolia deal: extracting sovereignty

IMF reaches new loan agreement with Mongolia, amidst civil society concerns about impacts on Mongolian people.

7 April 2017

Private Sector

News

World Bank arbitration mechanism ICSID rules in favour of El Salvador

ICSID, a World Bank arm for investor-state dispute arbitration, ruled that the $250 million case brought by Pac Rim Cayman against El Salvador in 2009 was without merit.

31 January 2017

IFI governance

Background

From accountability to action – the role of management

Notes from a side event at the IMF/World Bank 2016 annual meetings on the role of management in ensuring development banks responds appropriately to community complaints.

7 October 2016 | Minutes

Social services

News

US Congresswoman criticises World Bank investments in water privatisation

A US Congresswoman has called for an end to the World Bank’s investments in water privatisation until a robust evaluation has taken place.

29 June 2016

Finance

News

World Bank and AIIB sign joint co-financing agreement

The World Bank has signed a co-financing agreement with the Asian Infrastructure Investment Bank, while former Bank staff join the new institution.

29 June 2016

Infrastructure

News

Investigation on World Bank support for Mongolia mining project deferred

The Inspection Panel has deferred a decision to investigate a complaint regarding environmental, social and economic damage related to a World Bank funded mining project in Mongolia.

5 April 2016
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