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Eastern Europe & Central Asia

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

After 15 years, World Bank’s Doing Business Report still missing the mark

CSOs argue DBR’s deregulation policies do not lower income inequality or promote inclusive economic growth, instead incentivising tax competition and undermining inclusive development.

7 December 2017

Infrastructure

News

Azerbaijani Laundromat to sully Bank’s reputation?

Scandal raises new questions about World Bank loans for Trans-Anatolian Pipeline (TANAP), after civil society previously raised concerns over human rights violations and the negative environmental impact of the project.

27 September 2017

Gender

Analysis

The IMF, Gender Equality and Expenditure Policy

BWP briefing explores gender dimensions of IMF’s key fiscal policy advice on expenditure policy in developing countries, focusing in particular on austerity measures.

21 September 2017 | Briefing

Conditionality

News

IMF Ukraine programme’s impact on women’s rights criticised at Human Rights Council

WILPF submitted a statement to Human Rights Council criticising the IMF's Ukraine programme. The statement argued that the programme's harsh conditionalities hurt women in particular and called for a human rights based approach to macroeconomic policy making.

3 July 2017

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
Mapa del Corredor de Gas del Sur. Crédito: Bankwatch

Infrastructure

Analysis

The rise and fall of World Bank funded megaprojects

The World Bank has announced funding for the controversial Southern Gas Corridor, while exiting two other high profile but problematic megaprojects, Inga 3 in Democratic Republic of Congo and Simandou in Guinea.

31 January 2017

Environment

Analysis

Clean Technology Fund (CTF)

A revised Clean Technology Fund (CTF) pipeline management and cancellation policy has been approved. A document outlining further details on the proposed “CTF 2.0” will be discussed. Approval for reallocation of funds for a Morocco project was challenged by Germany and the decision postponed.

30 November 2016
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Other news

Rights

Background

World Bank Inspection Panel - emerging lessons on environmental assessment

Notes from a meeting at the IMF/World Bank 2017 spring meetings launching the third report in the Inspection Panel's new series on "emerging lessons", on environmental assessment.

18 April 2017 | Minutes

IFI governance

News

World Bank accountability mechanisms look to improve complainant protection

In response to increasing concern about the safety of human rights and environmental defenders, the World Bank’s accountability mechanisms look to improve complainant protection against retaliation and intimidation.

29 June 2016

Accountability

Background

The Syrian migration crisis

Notes from a meeting at the IMF/World Bank CSO Forum at the 2016 Spring meetings discussion the socio-economic impacts of the Syrian crisis, the outgoing flow of migration and the World Bank’s model on how to tackle these issues following its new report.

16 April 2016 | Minutes

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

Infrastructure

News

Report calls on the World Bank not to invest in Kosovo power plant

A report has cast further doubts on the viability and efficiency of the proposed lignite coal power plant in Kosovo which the World Bank is considering supporting.

8 February 2016

Rights

News

Renewed calls for World Bank to suspend funding for Uzbekistan

Civil society organisations have renewed their calls for the World Bank to suspend funding to Uzbekistan, due to continued concerns about forced and child labour in the cotton harvest.

8 February 2016

Rights

News

World Bank rejects investigation into Uzbek child and forced labour

The World Bank's Inspection Panel has declined a request to investigate the use of forced and child labour in Uzbekistan.

31 March 2015

Finance

News

IMF in Ukraine: $5bn for $15bn haircut?

The IMF has approved a $17.5 billion loan arrangement for Ukraine, however, it has been criticised for relying on debt forgiveness by its creditors.

31 March 2015
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