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

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World Bank/IMF roles

Debate 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 622

Gender WDR Limits, gaps, and fudges

At Issue|Kate Bedford|8 February 2012|update 79|url

The 2012 World Development Report is a watershed moment: it is the first time that the World Bank, the world's largest and most influential development institution, has devoted its flagship publication to gender. Kate Bedford of the University of Kent argues that the report leaves the Bank failing to face up to its role in perpetuating policies that harm women, and is seriously limited in its approach to women's movements, markets, and households. read article...

ICSID offers "impunity" for corporations

News|Bretton Woods Project|7 February 2012|update 79|url

In October 2011 international coalition of civil society groups Seattle to Brussels Network held an international week of action against bilateral investment treaties. read article...

New World Bank infrastructure strategy Paving over development?

News|Bretton Woods Project|7 February 2012|update 79|url

A World Bank infrastructure strategy update, developed because of a G20 push for more infrastructure investment, reaffirms the Bank's commitment to large-scale projects and scaled up private finance through public-private partnerships (PPPs, see Update 77), despite questions about bloated costs and development impact. read article...

On a carbon market mission The World Bank at the Durban climate summit

News|Bretton Woods Project|7 February 2012|update 79|url

While steaming ahead with new carbon market initiatives, the World Bank attracted further criticism and suffered potential setbacks on agriculture and the Green Climate Fund (GCF) at the UN climate negotiations in Durban. read article...

Green light for revised PforR, but concerns remain

News|Bretton Woods Project|7 February 2012|update 79|url

The World Bank board has approved the controversial new Program-for-Results (PforR) lending instrument, with some concessions to criticism. read article...

IMF from Argentina to Greece: similar but different

Comment|Pablo Nemiña|7 February 2012|update 79|url

The economic crisis in Argentina in 2001 and Greece today share both similarities and differences, so we should be wary of stretching the comparison. read article...

Time for a new consensus Regulating financial flows for stability and development

Report|Peter Chowla|15 December 2011|url
Time for a new consensus

This report explains the drawbacks, especially for development, of policies to deregulate the movement of money across borders, and makes suggestions for a new pragmatic approach to regulation of financial flows to ensure stability and development. read article...

Breaking the mould How Latin America is coping with volatile capital flows

Report|BWP and Latindadd|15 December 2011|url

Argentina, Brazil and Costa Rica are among the countries that have recently implemented capital account regulations. This report reviews the evidence available on the impact of their measures, providing evidence of the usefulness of capital account regulations not only in achieving financial stability but also in preventing unwarranted appreciation of the exchange rate and increasing monetary policy space. read article...

IFIs macroeconomic policy "anti-growth"

News|Bretton Woods Project|21 November 2011|update 78|url

"Why have the policy tutors performed so miserably and the pupils so brilliantly?", wondered Professor John Weeks of the School of Oriental and African Studies (SOAS) in an October article for Social Europe Journal. read article...

IMF's "trusted advisor" role to be scrutinised

article|Bretton Woods Project|21 November 2011|update 78|url

The IMF's Independent Evaluation Office (IEO) has released an issues paper describing how it will assess whether the IMF has strengthened its 'trusted advisor' role since 2005. read article...

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Recent briefings & reports

Gender WDR: Limits, gaps, and fudges  8 February 2012

Time for a new consensus: Regulating financial flows for stability and development  15 December 2011

Breaking the mould: How Latin America is coping with volatile capital flows  15 December 2011

No fairy tale: Singrauli, India, still suffering years after World Bank coal investments  18 November 2011

Navigating complex dilemmas: the Bank on violence, conflict and peace building  16 September 2011

A faulty model?: What the Green Climate Fund can learn from the Climate Investment Funds  21 June 2011


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