The World Bank’s report on public spending in Brazil raises serious questions about the methodology used and relevance of the report’s focus on fiscal consolidation in light of its own admission that the deterioration of Brazil’s fiscal situation is due principally to the recession.
While there is scope to improve IMF operations in all fragile states, ahead of the forthcoming publication of the IMF IEO review of IMF work in fragile states, there is one fundamental change it must make to transform its effectiveness in fragile states: wherever it is possible, it must be present. No country should be left out.
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Every year the Bretton Woods Project highlights some of the most farcical remarks of Fund and World Bank staff.
BWP's analysis of this year's IMF and World Bank annual meetings; hopeful growth forecasts tampered by medium-term concerns, with US anti-multilateralism finally hitting Bank and Fund.
The World Bank, in conjunction with the G20, is reinvigorating its infrastructure focus, paying particular attention to leveraging resources from the private sector and investing in fragile and conflict affected states. It announced a return to big hydropower projects, despite continued concerns about projects in the Democratic Republic of Congo, Guatemala and Uganda.
Notes from a meeting at the IMF/World Bank CSO Forum at the 2016 Spring meetings, evaluating how well the World Bank and IMF have done on respecting the country ownership principle ten years after its international acceptance.
On the sidelines of this week's G20 summit, BRICS nations are expected to reveal details of how their proposed $100 billion alternative to the IMF will operate.
In written evidence submitted to the UK parliament's International Development Committee, we argue that further reform of the World Bank is needed.
By this year's October annual meetings, we will know what the World Bank board has decided on what happens next to that institution's controversial and most popular publication, the Doing Business report.