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 background... BriefingsHelping farmers weather risks? Assessing the World Bank's work on index insuranceThe World Bank has published several papers on its pilot programmes for index-related insurance in developing countries to hedge against weather-related risks. They vary from support for local insurance companies to weather derivatives sold in international financial markets. According the Bank, private insurance should be seen as supplemental to public intervention and other forms of support such as cooperatives. A September briefing from the Bretton Woods Project, however, faults the Bank for failing to assess the broader implications of partly relying on private insurance and unregulated international financial markets to manage weather risks. read article... IMF financial package for low-income countries: Much ado about nothing?This briefing analyzes announcements made at the end of July by the IMF regarding the level of their financial commitments to low-income countries (LICs) and finds them wanting in relation to the size of new resources, the flexibility of conditionality, and the imrpovements needed to SDR allocations. read article... The potential development implications of enhancing the IMF's resourcesIn April 2009, the G20 group of leaders committed $1.1 trillion to combat the financial crisis, with the bulk of this being channelled through the International Monetary Fund (IMF). However, this substantial amount of resources may never be provided, and if it is, may not have the intended positive effect on developing countries. Experience so far demonstrates that the IMF is still imposing damaging pro-cyclical conditions on some borrowers, and that the finance provided to low-income countries will be too small. read article... Items 1 to 10 of 411The World Bank and climate negotiations: updates from CopenhagenNews and analysis from in and around the UN climate talks in Copenhagen - frequently updated. read article... Summary: Recovery towards what? Finance, justice, sustainabilityRecovery towards what? Finance, justice, sustainability was an exciting and timely one-day conference on 6 November in London on all aspects of global finance and its role in both developed and developing countries. It brought together experts, researchers, practitioners and civil society to discuss how to reshape finance so that it contributes to a just and sustainable economy. read article... Banco del Sur capitalisedSouth American member states pledged $7 billion for the newly created Banco del Sur to finance development projects and trade, providing a regional alternative to the World Bank. read article... IMF pours cold water on monetary reformAs academia and NGOs call for reform of the international financial architecture, the international monetary system is the focus of scrutiny. Support for capital controls and a financial transaction tax has met resistance from the IMF. read article... Leopard about to change its spots? IFIs debate role of financial sectorThe financial crisis has divided perceptions within the IFIs about the role of the financial sector in development. While some parts of the World Bank and IMF highlight the merits of small banks, others continue to push globalised finance. read article... Bank accused of neglecting poorest countriesThe Bank is under fire for failing to focus on low-income countries in its lending, and concentrating instead on the demands of rich and middle-income countries. read article... IFI financial sector assessments of limited useAn internal evaluation of 10 years of practice with the Financial Sector Assessment Program (FSAP) has shown that it failed to reflect reality. read article... Faulty systems at the Bank's Forest Carbon Partnership FacilityAs the Bank seeks to position itself as the vehicle of choice for future climate finance, the experience of the Forest Carbon Partnership Facility (FCPF) calls its competence into question. read article... Unjustifiable Bank domination over climate funds in BangladeshWorld Bank's record in Bangladesh shows there is no place for it in a just response to climate change, but it is set to dominate the new fund for adaptation in Bangladesh. Civil society critics speak out. read article... Conference: Recovery towards what? Finance, justice, sustainabilityRecovery towards what? Finance, justice, sustainability is an exciting and timely one-day conference on 6 November in London on all aspects of global finance and its role in both developed and developing countries. It brings together experts, researchers, practitioners and civil society to discuss how to reshape finance so that it contributes to a just and sustainable economy. read article... |
Articles: 2687 Related itemsEvents
ResourcesIEG on WBG's response to the financial crisis 8 February IDA replenishment, World Bank 8 February Jubilee South statement 26 January Background information on IDA 30 November 'Will World Bank and IMF lending lead to HIPC IV?' Benjamin Leo 23 November ITEM review of Bank lending 2009 16 November Africa's Infrastructure: a time for transformation 12 November The debate on the international monetary system 11 November NGO letter to the IMF on financial transaction tax study 11 November IMF note on global economic prospects and principles for policy exit 7 November Newswire |
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