Finance and debtBank and Fund involvement in financing development and debt creation. The role of World Bank aid and lending in development and reconstruction projects as well as a focus on the Funds' role in the international financial architecture and financial sector reform in borrower countries. Includes: Development finance, capital account liberalisation and capital controls, financial sector reform, International financial architecture, debt and debt arbitration, Heavily Indebted Poor Countries initiative (HIPC), crisis prevention and resolution read more... BriefingsAfrica and the making of adjustment How economists hijacked the Bank's agendaDevelopment 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... The World Bank and transportGiven that the World Bank's primary activity in its first decades of operation was financing infrastructure projects, the fact that the transport sector is the single largest sector for Bank lending should come as no surprise. However with the prevalence of concerns about underinvestment in social sectors, transport lending was on the decline in the late 90s and early part of this century. Now the pendulum is swinging back and transport sector lending is on the rise in both the public and private sector arms of the Bank. read article... Facilitating whose power? WB and IMF policy influence in Nigeria's energy sectorDespite 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... Items 1 to 10 of 315Annual Meetings 2008: Communiqués coverageCoverage of the communiqués from the G24, G7, IMFC and Development Committee at the 2008 Annual Meetings of the World Bank and IMF. read article... World Bank-IMF annual meetings 2008At this year's annual meetings, the focus will of course be on the financial crisis gripping the rich countries of the world. Questions remain as to whether important issues around the World Banks role in climate change and its even governance structure will get the attention they deserve. read article... Highlights: Meeting of UK NGOs with UK Alternate Executive Director to the World Bank 5 September 2008 meeting with Caroline SergaentMeeting between UK NGOs and UK Alternate Execituve Director to the World Bank Caroline Sergeant on 5 September 2008. read article... Civil society letter on IMF review of lending instruments, facilities, and policies Call to end the PRGFA letter to IMF EDs and finance ministers about the need to rethink the IMF's role in low-income countries and end the PRGF. It is a global sign-on letter. read article... UK NGO meeting with the Secretary of State for International Development, on the World Bank Tuesday, 30 September 2008, DFID, 1 Palace StreetSummary of meeting: the main agenda items were (1) World Bank governance; and (2) Climate change. read article... Africa and the making of adjustment How economists hijacked the Bank's agendaDevelopment 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 plays blocking game in Accra aid negotiationsThe influence of the World Bank was felt in Accra when developing countries and donors met at a resplendent conference centre for the recent High Level Forum on Aid Effectiveness. read article... Financial crisis: IMF chases its own tailAs global finance dries up and economic markets crash, criticisms mount of the IMF and its inability to convince its largest members to curb speculation or better regulate the financial sector. read article... World Bank, NGOs clash at roundtable on odious debtA recent roundtable meeting shows that some progress has been made in official understanding of odious debt, but that the World Bank is remaining very cautious on the topic. read article... World Bank and IMF get a dose of health criticismWhile falling short of claiming that the World Bank and the IMF cause people to die, a massive study on the social determinants of health by the World Health Organisation and another on tuberculosis treatment in Eastern Europe each fault the IFIs for exacerbating inequality in access to health care. read article... |
Articles: 2324 Related itemsEvents
ResourcesProposed reforms to the Exogenous Shocks Facility 19 September World Bank calls for urgent action on food in advance of development aid talks in Ghana 17 September The PRGF and fiscal space in Africa 15 September Eurodad analysis of the outcomes of Accra 9 September Accra Agenda for Action 5 September Reforming without resourcing: The case of the urban water supply in Zambia 1 September 2008 Survey on Monitoring the Paris Declaration 1 September NGO advocacy letter on the IMF's Exogenous Shocks Facility 29 August Guidance on operational aspects of the 2007 surveillance decision 4 August Newswire |
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