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North America

IFI governance

Analysis

IFC 3.0: superficial upgrades, same problems?

As the IFC sets out a new strategy, CAO and CSO reports have raised further criticism over its investment in financial intermediaries, and a new law suit challenges its immunity.

7 April 2017

IFI governance

Analysis

One man, one vote, one option: World Bank set to coronate Kim for second term

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.

23 September 2016

Rights

News

Renewed warnings over World Bank safeguards “dilution”

Further concerns have been raised over dilutions of the World Bank’s proposed new safeguards framework, as controversy arose over a Bank waiver of the indigenous peoples policy for a Tanzania project.

29 June 2016

Knowledge

Analysis

The World Bank's updated international poverty line, a case of poor measurement?

World Bank updates the International Poverty Line and claims a continued decrease in numbers of poor, but long-standing questions about the methodology used and whether the instrument is fit for purpose persist.

5 April 2016

IFI governance

Analysis

IFC claims “absolute immunity” to avoid justice. But will it hold up in court?

This briefing provides an overview of the immunity of international organisations in US law, looking at a lawsuit brought against the IFC regarding the Tata Mundra coal power plant in India.

5 April 2016 | At Issue

IFI governance

Background

IMF & World Bank decision-making and governance

This Inside the Institutions examines the recent and ongoing reforms at the IMF and World Bank, and places them in context of existing structures and processes.

31 March 2016 | Inside the institutions

Finance

Analysis

Rise of the global South and descent of the North?

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.

1 March 2016 | Briefing

IFI governance

Analysis

IMF governance: one step forward, one step back

Reform to the IMF’s voting shares shifts some power to emerging countries, but the institution’s leadership selection process remains opaque and undemocratic.

8 February 2016
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Other news

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

News

Spring meetings coverage

The World Bank and the IMF will be meeting in Washington DC for the spring meetings 15-17 April 2016.

5 April 2016

Land

News

Gujarat fishermen sue IFC over Tata Mundra

Fishing and farming communities from Gujarat, India, has filed a lawsuit against the International Financial Corporation.

6 July 2015

Environment

News

US abstains from IFC investment in Mozambique paper plantation

US has abstained from voting on an IFC investment in a forestry project in Mozambique, raising concerns about environmental and social impacts.

31 March 2015

IFI governance

Background

The impact of the BRICS’ Contingent Reserve Arrangement (CRA) and the New Development Bank (NDB)

Notes of a meeting on BRICS’ Contingent Reserve Arrangement (CRA) and the New Development Bank (NDB) at the World Bank-IMF annual meetings 2014

11 October 2014

IFI governance

Background

IFC lending through financial intermediaries - a year on from the action plan, what have we learned?

Notes of a meeting on IFC lending through financial intermediaries at the World Bank-IMF annual meetings 2014

9 October 2014

Finance

News

UN backs sovereign debt mechanism

UN votes to adopt developing countries’ resolution on a legal framework for debt resolution, independent of creditors, including the IMF.

29 September 2014

Finance

Background

Financial tremors in developing countries: is another earthquake on the way?

Aldo Caliari Monetary policy changes in rich world are now starting – the reversal of…

11 April 2014
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