World Bank/IMF rolesDebate on the mandates and responsibilities of the Bank and IMF. Includes: Division of responsibilities, reform/abolish debates, mission creep, evaluation bodies, role of the Bank and Fund in conflict-affected countries, IMF/WB/WTO coherence and relations with UN agencies. read more background... Items 1 to 10 of 516Submission on the World Bank and IFC to DFID's multilateral aid reviewAs the UK government reviews its funding and relationships with multilateral organisations, we argue that the World Bank Group's poor performance, lack of country ownership and accountability, and tendency to 'mission creep', require a focus on institutional and policy change at the Bank, and no increase in funding. read article... Update on the Climate Investment Funds July 2010 summaryAs pilot countries are selected and funding allocated, concern mounts over poor consultation, the weakness of some country proposals, and failure to address governance issues. read article... The IMF's policy advisory role to the G20The G20 has turned to the IMF to operate as a research and advisory body on their behalf since those governments’ leaders first met in November 2008. The IMF’s work in this area has mainly fallen in three areas: technical advice, surveillance, and research. read article... Is IFC palm oil investment a foregone conclusion?The World Bank is currently undertaking a major review of its controversial engagement in palm oil production, but critics warn that consultation has been inadequate and that the Bank seems to have already decided to continue investment in the sector. read article... IFC finances China investment in AfricaIn April, the International Financial Corporation (IFC), the World Bank’s private sector arm, agreed to finance Chinese investment in a Tanzanian commercial complex in Dar es Salaam. read article... World Bank fails to focus on results in healthA newly published report adds to mounting criticism of the World Bank’s approach to health projects. read article... The Greek crisis and the involvement of the IMFThe “Greek expression” of the crisis has revealed an amazingly broad range of issues not only concerning the structural problems of the Greek economy, but also those of the European Union (EU) as an economic and currency area, and its unwillingness or inability to react to the problem in a timely, meaningful and collective way. read article... IMF's latest prescription: Cure the crisis with austerityThe IMF has gone back to promoting fiscal austerity and pressuring governments to implement spending cuts and structural reforms. Austerity also remains at the heart of the Fund's debt sustainability policies. read article... Resistance to Bank's role in climate finance as alternatives gain tractionAs talks aim toward an agreement on climate finance in December in Cancun, fault lines remain about the role of the World Bank. Contradictions in recent Bank lending and contributions to alternative financing mechanisms have fuelled ongoing debates about the Bank’s role. read article... The IMF's framework for low-income countriesIn the midst of the global financial and economic crisis the IMF amended its lending framework for low-income countries (LICs). It now has three main instruments for LICs – the Extended Credit Facility, the Standby Credit Facility and the Rapid Credit Facility. The three different programmes are subsidised by the newly created Poverty Reduction and Growth Trust (PRGT). The IMF also engages with LICs through non-financial facilities, especially the Policy Support Instrument (PSI) and the Staff Monitored Programme (SMP). read article... |
Articles: 2881 Related itemsRecent briefings & reports
Submission on the World Bank and IFC to DFID's multilateral aid review 2 September 2010
Update on the Climate Investment Funds: July 2010 summary 27 July 2010
Clean energy targets for the World Bank: Time for a recount 14 May 2010
IMF mandate needs fundamental rethink 11 May 2010
Fundamental change or more of the same?: A review of G20 progress towards UK civil society recommendations 22 April 2010
Update on the Climate Investment Funds: March 2010 summary 16 March 2010 ResourcesAid without impact: 11 June Reserves accumulation and international monetary stability 4 June List of IMF G-20 Surveillance Notes 4 June IMF mandate consultation submissions 1 June In search of lost revenue 1 June IMF mandate consultation, Kunibert Raffer 15 May Recovery with growth and decent work 1 May Renewing the World Bank Strategy for Africa - Consultations 1 May Joint Statement of Indigenous Peoples, Smallholders and NGOs to IFC Consultation on Palm Oil 1 May |
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