Casas Maasai en la región de Morogoro, Tanzania. Foto: IWGIA

Rights

Analysis

World Bank turns its back on pastoralist communities in Africa

The World Bank has granted a waiver of its indigenous peoples policy for a project in Tanzania, raising concerns about impact on indigenous communities and lack of consultation.

23 September 2016 | Guest analysis
Campo de trabajadores para los que están construyendo la presa. Credito: Samuel Nnah Ndobe

Rights

Commentary

World Bank project fails to safeguard the rights of workers in Cameroon

Workers in World Bank-financed Lom Pangar Hydro Power Project in Cameroon have filed a complaint with the Bank's Grievance Redress System over alleged breaches of workers rights.

23 September 2016 | Comment
Tanzania Revenue Authority, Photo: Christian Aid

Finance

Analysis

World Bank and IMF: Where do they stand on progressive and responsible taxation?

The IMF and the World Bank are increasingly engaged with the challenge of addressing how tax avoidance and evasion affect developing countries, but need to address the role played by multinational enterprises and tax havens in exacerbating inequality and undermining countries’ domestic revenues.

5 August 2016 | At Issue
Credito: foto por Justice & Empowerment Initiatives (JEI)

IFI governance

Analysis

The World Bank’s failed accountability experiment: Why the Inspection Panel’s ‘Pilot’ should dead end

The Inspection Panel's Pilot is criticised for undermining the Panel’s authority, allowing World Bank management to circumvent compliance investigations, and perpetuating existing power imbalances between the Bank, its clients and communities.

4 August 2016
No tax havens! Credit: GUE/NGL Action in Plenary chamber

Finance

News

IFC's (ir-)responsible tax investment policy

Civil society organisations have demanded that the IFC develop a responsible tax policy that ensures that IFC investments are consistent with its development mandate and do not support companies utilising aggressive or abusive tax practices.

23 September 2016
IMF MD Lagarde in discussion with German finance minister Wolfgang Schäuble at April 2015 G20 meeting - credit: IMF

Conditionality

Analysis

IMF “rebuked” over role in Troika and its lending to Greece, Ireland and Portugal

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”.

23 September 2016
Safeguards protest. Credit: International Accountability Project

Rights

News

World Bank approves new “diluted” safeguards

World Bank approved new safeguards after a four year process. Civil society warned of loopholes in new Bank safeguards, its reliance upon “borrower systems”, the lack of references to LGBTQ people and to recognised core ILO labour standards.

23 September 2016
International Monetary Fund Managing Director Christine Lagarde meets with women leaders, January 2016 in Douala, Cameroon. 
IMF Staff Photo/Stephen Jaffe

Finance

News

IMF increasing its influence in sub-Saharan Africa

As the world economy continues to stutter, many sub-Saharan African countries are turning to the Fund for financial support, though the Funds are coming with strict conditions to restrict spending.

23 September 2016