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

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Items 1 to 10 of 2357

The World Bank, the IFC and the antecedents of the financial crisis

At Issue|Paulo dos Santos|27 November 2008|update 63|url

The financial crisis seemed to come out of the blue, but Paulo dos Santos of the University of London argues that the ground was laid by financial sector privatisation, liberalisation and deregulation. Far from these trends being confined to the rich world, the World Bank and the IFC have played a key role in pushing these policies throughout emerging markets, exposing them to the fallout of the financial crisis. read article...

2008 Bankspeak and resources

News|Bretton Woods Project|27 November 2008|update 63|url

Continuing a much-heralded tradition at the Bretton Woods Project, the first issue of 2009 will feature 'Bankspeak of the year' and 'resources of the year'. read article...

World Bank's aid allocation may undermine growth

News|Bretton Woods Project|27 November 2008|update 63|url

Whereas under SAPs of the 1990s loans were given in return for agreements to implement policy reform, now they are disbursed conditionally on the reforms already achieved. An article in Development Viewpoint by Elisa Van Waeyenberge examines the World Bank's altered conditionality procedures: read article...

International economic architecture: cleaning up the mess?

News|Bretton Woods Project|27 November 2008|update 63|url
Illustration by Robin Heighway-Bury/Thorogood.net

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...


Financial and food crises probing the links

News|Bretton Woods Project|27 November 2008|update 63|url

While food commodity prices have dropped from their peaks earlier in the year, the role financial liberalisation played in causing the crisis and whether it can help resolve it are still being debated. read article...

IEG evaluation of World Bank TA limited

News|Bretton Woods Project|27 November 2008|update 63|url

The recently released IEG evaluation Using Knowledge to Improve Development Effectiveness, examining the Bank's economic sector work (ESW) and non-lending technical assistance (TA) between 2000-2006 presents a limited review. read article...

People's Tribunal slams Bank's record in India

News|Bretton Woods Project|27 November 2008|update 63|url

The September jury verdict of the Independent People's Tribunal on the World Bank in India found that the Bank has "caused grievous and irreversible damage to those they intend to serve." read article...

Inadequate implementation of IFC performance standards

News|Bretton Woods Project|27 November 2008|update 63|url

Two new resources have been released by the Forest Peoples Programme. read article...

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The World Bank, the IFC and the antecedents of the financial crisis

At Issue|27 November

The financial crisis seemed to come out of the blue, but Paulo dos Santos of the University of London argues that the ground was laid by financial sector privatisation, liberalisation and deregulation. Far from these trends being confined to the rich world, the World Bank and the IFC have played a key role in pushing these policies throughout emerging markets, exposing them to the fallout of the financial crisis. read article...

International economic architecture: cleaning up the mess?

News|27 November

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...

Financial and food crises probing the links

News|27 November

While food commodity prices have dropped from their peaks earlier in the year, the role financial liberalisation played in causing the crisis and whether it can help resolve it are still being debated. read article...

IEG evaluation of World Bank TA limited

News|27 November

The recently released IEG evaluation Using Knowledge to Improve Development Effectiveness, examining the Bank's economic sector work (ESW) and non-lending technical assistance (TA) between 2000-2006 presents a limited review. read article...

IFI governance reform: rumbling slowly on?

News|27 November

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...

Indian environment ministry rejects Climate Investment Funds

News|27 November

The Indian ministry of environment and forests rejected the World Bank's recently finalised climate investment funds (CIFs), a snub that may prove damaging, since India would have been a significant client. read article...

World Bank monitoring weak

News|27 November

This 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 architecture

Inside the inst|27 November

National 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...

Articles: 2357

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