World Bank/IMF governanceIssues relating to the governance of the Bank and Fund by their member countries. Includes: Governance structures, Parliamentary scrutiny, transparency, accountability, complaint mechanisms, governance structures, evaluation mechanisms, spring/annual meetings read read more... BriefingsInternational financial architectureNational and international financial bodies frequently overlap both in function and membership. Below are some of the main regulatory or influential bodies within the financial system. In most, the IMF is a participant, and in some, a central player. 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... Double majority decision making at the IMF Implementing effective board voting reformMany have championed the use of double majorities at the IMF board in order to increase the ability of developing countries to influence decision making. The acceptance of this idea by incoming IMF managing director Dominique Strauss-Kahn is welcome, but if he chooses to use a chair-based, rather than member-state-based, second majority it will not change the power dynamics at the board. read article... Items 1 to 10 of 402Awash with cash or hard up? IFIs face increasing demands on their resourcesAs economies slump across the world, the World Bank and the IMF are looking to pump out cash, but while the Bank´s resources are expanding, there are questions about whether the IMF has enough. read article... Back from the dead IMF pumps out loans and conditionalityA few months ago pundits were calling time on the Fund, but the financial crisis' impact on emerging markets has brought it roaring back to life, with its usual dose of austerity and conditionality. read article... International economic architecture: cleaning up the mess?
The G20 group of large economies met in Washington on 15 November to discuss reform of the international economic architecture, but the summit failed to live up to the 'Bretton Woods 2' label some had given it. As the economic crisis continues to unfold, pressure for fundamental change to rebuild and repair the crumbling financial and economic architecture can only continue to grow. read article... IFI governance reform: rumbling slowly on?Minor changes to World Bank governance were agreed at this year's annual meetings, with a timetable for further reform that could stretch to 2011. As pressure grows for fundamental reform of the international financial architecture, it is unclear whether this process will continue, and if the issue of IMF governance will be reopened. read article... World Bank monitoring weakThis September's Independent Evaluation Group (IEG) Annual Review of Development Effectiveness (ARDE) highlights weaknesses in Bank monitoring and evaluation systems and provides worrying evidence that the Bank is not structured to work effectively on global public goods. read article... International financial architectureNational and international financial bodies frequently overlap both in function and membership. Below are some of the main regulatory or influential bodies within the financial system. In most, the IMF is a participant, and in some, a central player. read article... New international economic architecture No shortage of blueprintsThe financial and economic crises have brought out a plethora of ideas for reforming the international financial architecture. Below, we highlight a few of the many different blueprints. read article... Global Financial Crisis meeting J. Stiglitz leads conference on the eve of the G20 meetingA conference on November 14 of international regulators, policymakers and academics was held to discuss reform of the financial system and prevention of further social crisis. read article... G20 heads of state meeting 15th November 2008 Summary and analysis of Washington meetingDespite being billed as a 'Bretton Woods 2' meeting, the first G20 head of state meeting in Washington agreed little of substance, and was criticised for an opaque, closed preparation process. read article... Letter to the Prime Minister urging him to radically rewrite global financial rulesThis letter was sent to Gordon Brown, prior to the 15 November summit, by a UK coalition of 24 of the most influential trade unions, development charities, environmental groups and religious leaders. It urges on him to put people and the environment at the heart of the international economic system and push key economic and institutional reforms. read article... |
Articles: 2357 Related itemsEvents
ResourcesChristian Aid report: The impact of the financial crisis on the developing world 28 November Vox EU compilation of articles on the financial crisis 20 November Germany's role in reforming the International Financial Architecture 18 November ITUC 'Washington Declaration' 15 November If Not Now, When? 13 November Trade Union statement to the G20 crisis summit 13 November If not now, when? 12 November BankTrack statement on the financial crisis 6 November IEG ARDE 1 November Newswire |
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