Bretton Woods Project - Critical voices on the World Bank and IMF

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East Asia and Pacific

Brunei Darussalam, Cambodia, China, Fiji, Indonesia, Japan, Kiribati, North Korea, South Korea, Lao PDR, Malaysia, Marshall Islands, Micronesia, Fed. States of, Mongolia, Myanmar, Palau, Papua New Guinea, Philippines, Samoa (Independent), Singapore, Solomon Islands, Thailand, East Timor, Tonga, Vanuatu, Viet Nam, Taiwan, Australia, Cook Islands, Nauru, New Zealand, Niue, Tuvalu. read more background...

Items 1 to 10 of 86

Community files complaint against IFC in Papua New Guinea

News|Bretton Woods Project|23 September 2011|update 77|url

The Compliance Advisor Ombudsman (CAO) of the International Finance Corporation (IFC), the World Bank's private sector arm, has accepted a complaint by local communities in Papua New Guinea referring to the IFC's role in advising the government on drawing up laws for special economic zones (SEZs). read article...

China and the World Bank

Inside the inst|Bretton Woods Project|14 September 2011|update 77|url

China joined the World Bank in April 1980, and since then has been one of its largest borrowers and recipients of technical assistance. In recent years, China has gone beyond the only role of recipient country and has increased its influence on the Bank. read article...

IFC ignores rights in the Philippines?

article|Bretton Woods Project|17 February 2011|update 74|url

The International Finance Corporation (IFC), the World Bank's private sector lending arm, has been accused of neglecting the rights of indigenous people in the Philippines. read article...

Papua New Guinea: Fears about SEZ

News|Bretton Woods Project|29 November 2010|update 73|url

The International Financial Corporation's (IFC) proposal to establish a Special Economic Zone (SEZ) in Papua New Guinea (PNG) has caused concerns within the country. read article...

Palmed off: World Bank's palm oil framework 'business as usual' despite environmental and rights concerns

News|Bretton Woods Project|30 September 2010|update 72|url

The World Bank’s draft framework for investment in the palm oil sector was met with dismay from civil society groups, who said that it failed to offer a credible strategy to address manifold social and environmental problems. read article...

Is IFC palm oil investment a foregone conclusion?

News|Bretton Woods Project|18 June 2010|update 71|url

The World Bank is currently undertaking a major review of its controversial engagement in palm oil production, but critics warn that consultation has been inadequate and that the Bank seems to have already decided to continue investment in the sector. read article...

Palm oil plantation perpetuates poverty

News|Bretton Woods Project|20 November 2009|update 68|url

A study by NGO Rainforest Action Network of a World Bank-funded oil palm plantation in Papua New Guinea reports violations of Bank performance standards by thrice funding the palm oil plantations of agribusiness giant Cargill with no record of a consultation process. read article...

Asia debates moving away from IMF and West

News|Bhumika Muchhala|22 September 2009|update 67|url

At a conference in Penang, Malaysia in August, officials, academic and members of civil society from the Asian region sought to chart a way towards greater regional cooperation that would insulate them from the IMF and financial crises. read article...

Breaking the chains? IFC backs out of palm oil

News|Hadiru Mahdi|22 September 2009|update 67|url
Illustration by Robin Heighway-Bury/Thorogood.net

Violations of the IFC's performance standards in a palm oil project in Indonesia could have far reaching effects, drawing attention to the IFC's responsibility for the impact of whole supply chains as a review of their social and environmental standards gets under way. read article...


IFIs and Zimbabwe a love - hurt relationship

News|Taurai Chiraerae|22 September 2009|update 67|url

The allocation of special drawing rights to Zimbabwe have stirred controversy about whether the country should use these to bolster its flagging public finances, while the fragile coalition government struggles with an external debt burden projected by the IMF to hit almost $7 billion by the end of the year. read article...

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