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

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Sub-Saharan Africa

Angola, Benin, Botswana, Burkina Faso, Burundi, Cameroon, Cape Verde, Central African Republic, Chad, Comoros, Congo, Congo, Dem. Rep. of the, Cote d'Ivoire, Equatorial Guinea, Eritrea, Ethiopia, Gabon, The Gambia, Ghana, Guinea, Guinea-Bissau, Kenya, Lesotho, Liberia, Madagascar, Malawi, Mali, Mauritania, Mauritius, Mozambique, Namibia, Niger, Nigeria, Rwanda, Sao Tome and Principe, Senegal, Seychelles, Sierra Leone, Somalia, South Africa, Sudan, Swaziland, Tanzania, Togo, Uganda, Western Sahara, Zambia, Zimbabwe. read more background...

Briefings

Africa and the making of adjustment How economists hijacked the Bank's agenda

At Issue|Howard Stein|29 September 2008|update 62|url

Development economist and professor of African studies Howard Stein examines the evolution of policy in the Bank, focusing on how economists became hegemonic. In this essay he details the origin of structural adjustment, tracing its roots back to a set of neoliberal economists who gained influence at the Bank in the late 1970s. read article...

Facilitating whose power? WB and IMF policy influence in Nigeria's energy sector

At Issue|Lucy Baker|2 April 2008|update 60|url

Despite rhetoric to the contrary, the World Bank's energy portfolio still fails to reap the double dividend of renewable energy technologies that would tackle both energy poverty and climate change. Nigerian economic policies shaped by World Bank and IMF recommendations, policy agreements and conditionality have so far lead to a dysfunctional electricity privatisation process, a heavy and as yet unfulfilled reliance on reform of the gas sector, and the failure to make any widespread practical progress on pro-poor, decentralised renewable energy read article...

The IFC's lessons of experience & the Chad-Cameroon oil and pipeline project

Briefing|Korinna Horta, Environmental Defense|23 November 2006|update 53|url

In September 2006 the IFC published its first issue of a new publication entitled Lessons of Experience. However, the IFC's lessons drawn from the external compliance monitoring group in the Chad-Cameroon project read more like a tool to market the concept of external monitors to IFC clients than lessons meant to design a more effective role for the external monitor in improving implementation of social and environmental commitments. read article...

Items 1 to 10 of 178

Human rights landmark in ICSID tribunal

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

For the first time ever, a tribunal of the World Bank's International Centre for Settlement of Investment Disputes (ICSID) will hear human rights arguments. read article...

Contract transparency missing as IFC expands oil investments in Africa

News|Joshua Klemm|22 September 2009|update 67|url

As the World Bank's private lending arm, the International Finance Corporation (IFC), expands its role in the African oil and gas sector, civil society groups are insisting that it adopt a requirement for full contract transparency in all of the extractive industries projects that it finances. read article...

Inspection Panel raps World Bank in Ghana

News|Bretton Woods Project|10 July 2009|update 66|url

A complaint to the World Bank Inspection Panel by the NGO, Centre on Housing Rights and Evictions (COHRE), on behalf of the Agyemankata community has resulted in a report confirming violations of Bank policies on forced evictions and environmental hazards related to a planned landfill near Accra, Ghana. read article...

African leaders call for greater say in IFIs

News|Bretton Woods Project|17 April 2009|update 65|url

At the close of March's IMF-Africa conference, South Africa's finance minister Trevor Manuel insisted that a clear message be sent to G20 leaders about the effect the financial crisis will have on African economies. read article...

Ghana's off-shore nightmare

Comment|Bishop Akolgo|17 April 2009|update 65|url

The IFC ignored due process requirements mandated by the laws of Ghana in the case of the Jubilee oil field project and should not have considered the loan applications at the board. In so dong the IFC is encouraging the infringement of the basic rules of governance and transparency. read article...

Ghanaians calls for expulsion of Bank rep

News|Bretton Woods Project|16 February 2009|update 64|url

In January, Ghana Web, a daily news and resource site, issued a sharp attack on the World Bank and its country representative in Ghana demanding that the president expel the World Bank country director in Ghana from his post. read article...

Africa and the making of adjustment How economists hijacked the Bank's agenda

At Issue|Howard Stein|29 September 2008|update 62|url

Development economist and professor of African studies Howard Stein examines the evolution of policy in the Bank, focusing on how economists became hegemonic. In this essay he details the origin of structural adjustment, tracing its roots back to a set of neoliberal economists who gained influence at the Bank in the late 1970s. read article...

Bank paying workers poverty wages

News|Bretton Woods Project|26 September 2008|update 62|url

Union Network International (UNI) is fighting the World Bank to ensure that their security workers are paid just wages. read article...

IFI inspection mechanisms slam Bank faults in Uganda and Nigeria

News|Soren Ambrose|26 September 2008|update 62|url

The Bujagali dam project in Uganda and the West Africa Gas Pipeline project in Nigeria have been roundly criticised by the World Bank's Inspection Panel. read article...

The IMF, fiscal space and development programmes

News|Nancy Dubosse|26 September 2008|update 62|url

IMF programmes for low-income countries continue to restrict governments' choices of how to fund development and how to manage the trade-offs. read article...

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